The Post Office, London, hired Watson Wyatt Partners, Reigate, England, to help design a new defined contribution plan that could become one of the biggest in Great Britain. The aim of the new plan, which is slated for introduction in April, would be to offer a lower-cost, lower-benefit alternative to 16,000 postal employees who have not chosen to join the Post Offices defined benefit plans. Of 180,000 active postal workers, some have opted out of the defined benefit system in favor of personal pension plans or decided they did not want to contribute 6% of pay to a defined benefit plan. William Evans, project manager for the defined contribution scheme, said the Post Office would not do anything to undermine the final salary schemes. Details of plan design, including investment options, have not yet been determined, but a range of options is under consideration.