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LONDON, May 24, 2006 (UPI via COMTEX) -- Reuters, the British news and financial information service, has reportedly eliminated a big deficit in its British pension program.
The company will make a one time cash contribution of about $352 million into its two pension funds later this year and another payment next year of $78.54 million, the Times of London reported Wednesday.
The contributions should virtually eliminate Reuters' pension deficit in Britain.
URL: www.upi.com Copyright 2006 by United Press International
