Unilever Germany has established a new pension scheme that will partially fund pension liabilities previously met directly from company assets. The news follows similar moves by other German companies.
Unilever's new pension platform, a so-called contractual trust arrangement, last July received an initial sum of â¬300m ($468.2m) to start covering the company's â¬850m of unfunded German pension liabilities, according to mandate-tracking service Mandatewire.
