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YMCA faces pensions backlash
By Andy Ricketts, Third Sector, 14 May 2008
Local YMCAs are mounting a rebellion over demands that they should pay thousands of pounds to plug a £22m pension fund deficit.
Trustees of the YMCA's English, Scottish and Welsh councils, who run the final-salary pension scheme through an organisation known as YMCA Pension Plan Trustee, are asking local members to increase their contributions. Hastings and Rother YMCA, which would face an annual bill of about £14,000 under the plans, is leading...
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