Practical Law UK Glossary 3-206-1085 (Approx. 4 pages)
Glossary
Multi-employer scheme
An occupational pension scheme that has more than one participating employer. Multi-employer schemes are either segregated, meaning that the scheme assets may only be used for a particular section of the scheme, or non-segregated, in which case there may be an element of cross-subsidy between sections. Specific legislative provisions apply to multi-employer schemes in particular areas, for example, in relation to the entry criteria for the Pension Protection Fund (PPF).