Morrisons - comment

The impact of the changes in pension contributions on Morrison's cashflows will be minimal. The headline risk is more of a concern for the company. The alteration in pension contributions is a response to the updated auto-enrolment framework from the government. Also, all three pension schemes operated by Morrisons are in surplus. The complaint from the unions is understandable, as more is always better. 

https://www.retailgazette.co.uk/blog/2023/11/morrisons-pensions-changes/