Posted by Nigel Foster on 06 November 2000 at 18:39:44:
It has been alleged that transfers-in to the Pension scheme (such as happens en masse with outsoucing contracts) are being taken on at less than the true cost both to give IBM a competitive edge and to use up some Pension Fund surplus. If this is so it is clearly a serious matter. Does anyone have any information that could (heaven forbid) confirm, or deny, this doubtless unfounded and scurrilous allegation?
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