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Delivery firm DHL, which employs some 3,000 people in the UK, plans to close its scheme to existing members.
In December 2005 Rentokil Initial, a business-services firm, became the first to close its scheme to existing staff.
He said: "Closing the scheme to existing employees won't reduce the overall deficit by much, as most of the members have left the company and are already drawing a pension or waiting to draw a pension.
The strike follows a dispute over pension scheme changes that has rumbled on since June, when BBC management first proposed measures including closing the generous final salary pension scheme to existing members, which proved controversial with staff.
In an interview with The Sunday Telegraph, he said that he wanted to extend the scheme to existing pensioners, enabling them to sell the annuities they had been required to buy under the old rules to the highest bidder.
Around 25% of the items sold in its shops are priced at $1 or less, with most other goods, including food and household products, under $10.Faced with the mounting cost of its pension commitments, Barclays became the latest big British company to propose closing its final-salary pension scheme to existing employees.
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That is likely to push more companies into steps to cut their DB obligations, if necessary by closing their schemes to existing members, as well as new ones.
Computational examples are given which demonstrate the accuracy and cost of the new scheme relative to existing schemes.
On the other hand, applying a new scheme also to existing cases increases payments for some fathers and cuts cash for some mothers.
The results prove the computational efficiency of the proposed scheme compared to existing algorithms.
The results clearly demonstrate the superior performance of this proposed scheme compared to existing approaches that did not exploit the flexibility of BiNoC.
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