New (Pounds) 400m Fund Will Pay Workers for Lost Pensions; Help for 60,000 Hit by Cash Crisis After Firms Went Bust
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Summary
A (pounds) 400million fund is to be set up to help the 60,000 workers who lost pensions when their firms went bust, the Government announced today.
Unions welcomed the move, which followed a campaign for justice for the workers as well as threats of legal action.See the full content of this document
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New (Pounds) 400m Fund Will Pay Workers for Lost Pensions; Help for 60,000 Hit by Cash Crisis After Firms Went Bust
Andrew Smith, Work and Pensions Secretary, said money would be paid in instalments over 20 years, with the possibilit...
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