Pensions in 30: 9. Contribution obligations when an employer departs from a scheme

The Month in Pensions - Gowling WLG

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7+ y ago 5:39

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Key points

Ceasing to employ active members in a defined benefit pension scheme at a time when another employer continues to employ active members into that scheme can trigger a potentially crippling debt.
There are various mechanisms which can be deployed to avoid the effects of this lawfully. These should be considered before the debt is triggered.

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