Nutreco to place Dutch pension scheme with AEGON

Nutreco to place Dutch pension scheme with AEGON

ID: 50088

(Thomson Reuters ONE) -


Today, Nutreco announces that the pension scheme for its Dutch subsidiaries is
to be placed with insurer AEGON Levensverzekering NV as of 1 January 2011.
Nutreco reached agreement on the matter with its Central Works Council and the
pensioners' association (Vereniging Gepensioneerden Nutreco).

One of the provisions is that AEGON will be guaranteeing 100% of the nominal
pension benefits. Nutreco has also agreed to increase the employer's
contributions over the coming five years so that the pensions can be indexed in
future.

Conditional to approval from its supervisor De Nederlandsche Bank, Stichting
Nutreco Pensioenfonds will be transferring its obligations and assets and
subsequently wound up.

* * * * *

Nutreco
Nutreco is a global leader in animal nutrition and fish feed. Our advanced feed
solutions are at the origin of food for millions of consumers worldwide.
Quality, innovation and sustainability are guiding principles, embedded in the
Nutreco culture. Our experience over more than 100 years affords Nutreco a rich
heritage of knowledge and experience for building its future. Nutreco employs
almost 9,700 people in 30 countries, with sales in 80 countries. Nutreco is
listed on the NYSE Euronext stock exchange in Amsterdam and had annual revenues
of EUR 4.5 billion in 2009.

For more information:
Investor Relations and Corporate Communications, Nutreco
Telephone: +31 33 422 6140
E-mail:  corpcomm(at)nutreco.com










Nutreco to place Dutch pension scheme with AEGON:
http://hugin.info/133565/R/1475695/411749.pdf




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Source: Nutreco via Thomson Reuters ONE

[HUG#1475695]


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Bereitgestellt von Benutzer: hugin
Datum: 28.12.2010 - 07:01 Uhr
Sprache: Deutsch
News-ID 50088
Anzahl Zeichen: 2338

contact information:
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Amersfoort



Kategorie:

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