Kraft Pension Scheme Frozen
Published / Last Updated on 24/02/2010
by Ashley Clark, Director
We thought this story might be of interest to Cadbury-Kraft campaigners.
According to the Securities and Exchange Commission in the US, Kraft has confirmed it will be freezing US pension plans for salaried and non-union hourly employees with effect December 2019.
By freezing the pensions Kraft will save $40m in costs.
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