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UK govt moves to protect pensions of Openreach employees

Thursday 16 March 2017 | 08:51 CET | News
Following BT's decision to legally separate its wholesale networks arm Openreach, the UK government has said it will clear the legal path and act to maintain existing pension protections for employees. BT said earlier it will be moving about 32,000 employees to the new Openreach Limited, following consultations with unions and legislation to ensure pension guarantees for those transferring to the new company. The government said it tabled an amendment to the Digital Economy Bill to make sure BT workers moving to Openreach maintain their Crown Guarantee status.

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Categories: Fixed
Companies: BT / BT Openreach / Ofcom / Openreach
Countries: United Kingdom
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