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		<title>CarolannBadger902: Ak: Uusi sivu: BT says it will pay �2bn into its pension fund to help cover the scheme&#039;s deficit.  It is one of the biggest one-off payments yet made by a company into a pension fund.  The payment...</title>
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		<updated>2012-03-23T15:26:43Z</updated>

		<summary type="html">&lt;p&gt;Ak: Uusi sivu: BT says it will pay �2bn into its pension fund to help cover the scheme&amp;#039;s deficit.  It is one of the biggest one-off payments yet made by a company into a pension fund.  The payment...&lt;/p&gt;
&lt;p&gt;&lt;b&gt;Uusi sivu&lt;/b&gt;&lt;/p&gt;&lt;div&gt;BT says it will pay �2bn into its pension fund to help cover the scheme&amp;#039;s deficit.&lt;br /&gt;
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It is one of the biggest one-off payments yet made by a company into a pension fund.&lt;br /&gt;
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The payment is part of a nine year plan to bolster the scheme, which at the last valuation in June had a deficit of �4.1bn.&lt;br /&gt;
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Supporting the pension fund has dragged down BT&amp;#039;s performance. Back in 2008, the fund had a deficit of �9bn.&lt;br /&gt;
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Under the latest plan, BT will make nine further annual payments of �325m.&lt;br /&gt;
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BT&amp;#039;s pension fund has 330,000 members, making it one of the biggest private sector schemes in the country.&lt;br /&gt;
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&amp;quot;This agreement, under which the company makes an immediate contribution to the scheme of almost half of the deficit, reflects BT&amp;#039;s financial strength and re-affirms our commitment to the scheme,&amp;quot; said chief executive Ian Livingston.&lt;br /&gt;
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BT, Royal Mail and Trinity Mirror - there is quite a lot going on in the fraught world of final salary pensions. �&lt;br /&gt;
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&amp;quot;BT&amp;#039;s long-term sustainable cash generation has improved significantly since the 2008 valuation and we remain focussed on improving BT&amp;#039;s financial strength, investing in our future and enhancing shareholder returns.&amp;quot;&lt;/div&gt;</summary>
		<author><name>CarolannBadger902</name></author>
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