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Pension Changes at Tesco

tesco-pension-changesSupermarket giant Tesco has announced changes to its pension scheme which will affect over 170,000 staff members.

The changes state that from 1 June full pension benefits won’t reach employees until two years later than it currently does – so it won’t be received until the age of 67.

Contributions will stay the same and staff will still have the option to retire from 55 onwards.