Restructuring final-salary schemes (2): implementing the changes | Practical Law

Restructuring final-salary schemes (2): implementing the changes | Practical Law

This practice note examines some key issues relating to the implementation by employers and trustees of measures to restructure final-salary pension schemes. It includes exercising the scheme's power of amendment, the statutory protection of accrued benefits and employer consultation requirements.

Restructuring final-salary schemes (2): implementing the changes

Practical Law UK Practice Note 6-384-3467 (Approx. 26 pages)

Restructuring final-salary schemes (2): implementing the changes

by David Saunders, Sacker & Partners LLP
MaintainedEngland, Scotland, Wales
This practice note examines some key issues relating to the implementation by employers and trustees of measures to restructure final-salary pension schemes. It includes exercising the scheme's power of amendment, the statutory protection of accrued benefits and employer consultation requirements.