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A question about DB pensions...
C_Mababejive
Posts: 11,668 Forumite
If a solvent DB pension scheme reaches a stage where its last beneficiary has died,who gets to keep all the monies that are left?
Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..
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Wind up the scheme and return the balance to the sponsoring employer who has been carrying the risk of the scheme for all this time?0
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Probably be sold to an insurance company well before there's one last beneficiary. Costs of administration will become disproportionate.0
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If a DB scheme were offloaded to an insurance company even when there were still lots of beneficiaries,how would this affect CETV values ??Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..0
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