NZ Steel has a big Defined Benefit Super Scheme that’ll cause problems one day
Paying hundreds of pensioners
You mean to say there are more, over & above the 200 potentially about to walk ?
STU seems to give the impression from the nature of what has been seen from them over past 5 years in places, that it may be a haven for them .. probably for something approaching Liftime employment ..
You mean to say there are more, over & above the 200 potentially about to walk ?
STU seems to give the impression from the nature of what has been seen from them over past 5 years in places, that it may be a haven for them .. probably for something approaching Liftime employment ..
NZ Steel has the ongoing pension liability - not STU.
Remember that NZ Steel was a government entity (one of Muldoon’s Sink Big projects) which was bought by Equiticorp, then BHP Steel etc etc.
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