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Tops employees approve new pension settlement
Tops employees approve new pension settlement
WHEC-TV: Tops is taking another major step forward in its fight to get out of bankruptcy.
The union that reps most Tops workers says in a record turnout, employees voted to approve a new pension settlement.
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The deal will give employees less money in retirement but more cash up front that will be put into a new 401k plan.
For the union this shores up pension benefits for workers, and the change eases the financial burden on the company.
Tops employees approve new pension settlement
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