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Form an orderly queue, people: 31,000 BT staff go to Openreach in October

Anonymous Coward
Anonymous Coward

For Reference, Jan 2018,

https://www.theguardian.com/business/2018/jan/28/bt-retirement-fund-managers-get-f-in-pensionology

"Second, and specific to BT, during the 1990s the prophets running the pension scheme believed it to be so well-funded that the company stopped making contributions."

With regards to value "Hanging over the trading numbers, though, is an estimated £14bn pension deficit."

I don't think BT want to come out and say what the actual numbers are, it would be share price suicide and it also makes paying dividends difficult.

Net Profit After Taxes 16/17/18 £2,466m £1,908m £2,032m

http://citywire.co.uk/money/share-prices-and-performance/share-factsheet.aspx?InstrumentID=515

Dividend,

https://www.btplc.com/Sharesandperformance/Dividends/Dividends.htm

Where did they get the 2bn to put back in each year unless I'm not understanding this right?

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