Re: Pension Statements - IBM interpretation of first court judgement.
Date: 18 February 2014 12:14PM
Don't follow you on this
IBM wanted to and did close the DB plans that they could (not sure what happened to the ex ICI people)
They didn't want to close the Pension Scheme in total,, and IBM has always claimed that all the plans are part of a single Pension Scheme.
I presume that the rules Dave's note can only be applied to the overall Pension Scheme and not to individual plans