C Plan is a 'Contributory Pension'



Posted by Roger Burtenshaw on 20 September 2000 at 20:49:29:

As members were/are required to contribute 3% towards the C Plan, whilst IBM has been allowed to take several 'holidays', surely IBM does not the authority to raid the assets without the overt permission of the contributing memebers?

A previous note suggests that the Barclays fund was a non contributory arrangememnt for employees.