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BRIEF-Premier Foods says 2016 actuarial valuations agreed with all UK pension schemes
March 28, 2017 / 6:36 AM / 5 months ago

BRIEF-Premier Foods says 2016 actuarial valuations agreed with all UK pension schemes

March 28 (Reuters) - Premier Foods Plc:

* Pensions update

* 2016 actuarial valuations now agreed with all UK pension schemes

* Cash payments to schemes reduced by further £32m over next three financial years

* Agreed a schedule of pension deficit cash contributions with trustees of company's pension schemes

* Payments fixed for nearly six years; from april 2014 until december 2019

* No deficit contributions to rhm schemes in recovery plan

* Reductions and re-phasing of deficit contributions to premier foods' schemes 1

* Administration costs over next three years to be part funded by rhm schemes by £2m per annum Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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