Transcription of Section 75 employer debt - multi-employer …
{{id}} {{{paragraph}}}
Example: barber
Section 75 employer debt - multi-employer …
BRIEFING PAPER. CBP-7684, 21 May 2018. Section 75 employer debt - multi- employer pension By Djuna Thurley schemes Contents: 1. Background 2. 2015 call for evidence 3. 2017 Consultation 4. Plumbing pension Scheme | | | @commonslibrary 2 Section 75 employer debt - multi- employer pension schemes Contents Summary 3. 1. Background 4. 2004 Act changes 4. Review in 2007 6. 2. 2015 call for evidence 8. Responses 8. 3. 2017 Consultation 10. Defined Benefit Green Paper 10. Regulation changes 10. The White Paper 12. 4. Plumbing pension Scheme 13. Debates in Parliament 13. Consultation on calculation methodology 14. Author Djuna Thurley Cover page image copyright: Radiator by Adem Djemil. Licensed under CC BY /. image cropped 3 Commons Library Briefing, 21 May 2018. Summary The employer debt provisions in Section 75 of the pensions Act 1995 provide protection for DB scheme members. Key elements are: If a relevant event' occurs, the employer concerned is required to pay their share of the debt .
, employers would withdraw “relatively cheaply” from multi-employer schemes. The Labour Government made changes in the Pensions Act 2004 (s270-1) requiring
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: