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Pension contributions following TUPE
Comments
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westv said:I thought the whole point of TUPE was to carry over the terms and conditions.
When it happened to me I kept all mine including pension contributions. That was 6 years ago.westv said:I thought the whole point of TUPE was to carry over the terms and conditions.
When it happened to me I kept all mine including pension contributions. That was 6 years ago.
yes i thought that too but it seems from other responses it is not so.westv said:I thought the whole point of TUPE was to carry over the terms and conditions.
When it happened to me I kept all mine including pension contributions. That was 6 years ago.
:beer:0 -
Read this on acasIf you have a workplace pension, it’s likely it will not transfer to your new employer as it is exempt from TUPE. This means your new employer does not have to continue the same pension. But they must provide a reasonable alternative scheme and match your contributions up to a maximum of 6%.
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Without further instruction the OP would simply be placed on the bottom rung of the new employers ladder.Reckless_Saving said:Read this on acasIf you have a workplace pension, it’s likely it will not transfer to your new employer as it is exempt from TUPE. This means your new employer does not have to continue the same pension. But they must provide a reasonable alternative scheme and match your contributions up to a maximum of 6%.0 -
As already asked...what sort of pension did you have before you were TUPE'd over?bozzy18 said:westv said:I thought the whole point of TUPE was to carry over the terms and conditions.
When it happened to me I kept all mine including pension contributions. That was 6 years ago.westv said:I thought the whole point of TUPE was to carry over the terms and conditions.
When it happened to me I kept all mine including pension contributions. That was 6 years ago.
yes i thought that too but it seems from other responses it is not so.westv said:I thought the whole point of TUPE was to carry over the terms and conditions.
When it happened to me I kept all mine including pension contributions. That was 6 years ago.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0 -
I was TUPE to new employer ten years ago. The original employer was a small company and I had a contract stating their contributions at 10% into a personal pension arranged by myself. When we TUPE over the new company told me that they didn’t need to maintain that level and paid 6.5% contributions. I raised this with the new HR dept and they agreed to up my salary to compensate for the 3.5% loss and with salary sacrifice it worked out ok.Marcon said:If this is some sort of personal pension arrangement (eg a group personal pension) and you had a contractual right to the pre-TUPE levels of contribution shown, then it certainly isn't lawful.0
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