Newspaper group Trinity Mirror is to close its final salary pension scheme.
The scheme’s deficit is said to have risen from £37m in 2001 to £275m last June.
In an e-mail to staff last week, Trinity Mirror said: “The Group is… proposing to close the defined benefit pension schemes to future pension build-up.
“Current contributing members would no longer build up future benefits in their defined benefit scheme.”
The final salary pension scheme was closed to new members in 2002, the BBC reported.
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The National Union of Journalists condemned the announcement as the latest in a series of attacks on staff.
Paul Holleran, NUJ Scottish secretary, said: “The scrapping of the final salary scheme is the latest in a long line of attacks on staff at Trinity Mirror and serious questions need to be asked and answered about the capability of the senior Trinity directors.”