The Model Room · MR-025

SHE FOUND THE LONGEVITY GAP. THE TRUSTEES CLOSED THE SCHEME. SHE CALCULATED THEIR PENSIONS FIRST.

Caroline Marsh's recalculation of the Midland Engineering pension scheme showed a staggering £2.3 billion deficit due to updated mortality tables. The trustees relied on outdated data, resulting in the closure of the scheme and the loss of pensions for 14,000 members.

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