Engine maker rolls royce confirmed it has started talks with workers about how to tackle a 1 1 billion shortfall in its uk pension fund.
Rolls royce pension plan.
This could include the divestment of his spanish company itp aero which was the subject of a failed sale to indra last summer rolls closed its lavish last salary pension plan to new members in 2007 but still has nearly 10 000 employees who still contribute to the plan.
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The company is also considering the possibility of an increase in equity or the sale of assets.
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The rrrst is administered for us by aviva.
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Through this website members of rolls royce s defined benefit pension schemes can access personal information about their pension benefits.
Rolls royce aiming to shut pension plan four years early to ease covid pressure the engineering company is looking to save 500m in contributions if it gets the go ahead from pension members and.
The deficit was announced at the same time as the company.
If you are working for one of our members and require information about their pension scheme you can request this from us as long as you have written authority to do so and provide this to us along with.
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We are a major contributor to the national economy through our employment investment in r d and supply chain spend supporting approximately 135 000 british jobs in total.
This is the type of scheme where you pay in the company pays in and all money paid in is invested to help it grow.
Rolls royce pensions jh 19 po box 31 derby de24 8bj.
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