Closure

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1. Pensions.

Ceasing to allow new members to join a pension scheme.

Closure of a pension scheme does not - of itself - mean the freezing of benefit accrual for existing members of the scheme.


2. Structures - activities.

The permanent or temporary ending of a structure or activity.

For example, shutting down a business unit.


3. Disputes - resolution.

In a positive sense, a feeling that a dispute has been resolved in some fashion, and that the parties can now move on to other concerns in the future.


See also