SIS OBs propose pension closure

SIS OBs, formerly BBC Resources Outside Broadcasts, have opened consultations to close their final salary pension scheme.

Writing to staff on 18 January 2010, the company argued that market conditions, the burden of pension liabilities and 'continued exposure to funding risks' meant that it could no longer continue to operate the scheme in the longer term.

For more details see the BECTU site.

4 February 2010