I know it is the UK Plan. If they did the same thing here in the US, is the old US plan a "defined benefit pension" ?
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Not yea. We're in Acs. I think aero had some.
Neither. It is the UK plan
What do you mean by "defined benefit pension"? Is that the old plan or new plan here in the US?
Don't worry, I'm sure they'll make you whole when business conditions improve....Davey promised.
In seriousness, sorry to hear that. As I understand it the laws across the pond are more friendly to the worker than here stateside? Has UK had to deal with any furloughs, layoffs or other forced unpaid time off?