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...The 400,000 savers and members of the Central States Pension Fund, set up in 1955 to provide for truckers in their retirement, received a letter in May from their board of directors and trustees with an...
...Admittedly, there were also the small matters of the biggest government spending cuts for 30 years, the most radical shake-up of the welfare state since 1948, and the most drastic changes to pension tax...
...As the name suggests, partial buy-ins differ from buy-outs because with the former, responsibility for the welfare of company pension scheme members rests with the trustees and sponsors....
International Edition