Sentences with phrase «pension deficit recovery»
The company voluntary agreement (CVA) will see the toy retailer's pension deficit recovery plan reduced from 15 years to ten years, with # 3.8 m injected into the pension scheme in 2018 and a further # 6m promised over 2019 and 2020.
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In recent years Angela has been known for her work on the Pilots litigation which made new law on the meaning of»em ployer» in pension legislation and the Nortel case, involving the pursuit and recovery of a # 2bn deficit in proceedings in Europe and North America.
The state's government has been wrestling with an underfunded pension system and chronic budget deficits, in part because the national economic recovery has passed much of Connecticut by, leaving it with fewer jobs than it had a decade ago.