Outokumpu – Insurance contract for the liabilities of the UK pension scheme
Outokumpu OyjStock exchange releaseDecember 20, 2021 at 9.30 pm EETOutokumpu – Insurance contract for the liabilities of the UK pension scheme Outokumpu operates a defined benefit pension scheme for its employees in the UK. The scheme trustee working closely with Outokumpu has now secured a 390-million-pound buy-in contract with specialist pension insurer Rothesay. With this contract, Rothesay insures the liabilities of the Outokumpu’s defined benefit pension scheme for 426 pensioners and a further 500 deferred members in the UK to guarantee the pension benefit payments. There will