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Defined Benefit pre 1997 Pension Increases
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...and how the trustees choose to proceed, assuming they have any sort of discretion over the use of any surplus.ewaste said:@Marcon said:
You might, but the employer and/or trustees might not....see https://www.pensions-ombudsman.org.uk/decision/2023/cas-92093-n4d9/water-companies-pension-scheme-bristol-water-plc-section-cas-92093Indeed it's all dependant on the Trust Deed and Rules of each scheme.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0 -
I have come across a couple of interesting items on this topic from my MP. Feel free to Share.
I would strongly encourage you to respond to the current DWP consultation on options for defined benefit schemes - https://www.gov.uk/government/consultations/options-for-defined-benefit-schemes/options-for-defined-benefit-schemes.
Regards0
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