Increases to pensions in payment | Practical Law

Increases to pensions in payment | Practical Law

This note examines the statutory requirement under the Pensions Act 1995 to increase pensions in payment from occupational pension schemes. The note looks at the requirements as they apply to members of defined benefit schemes and members with money purchase benefits, in addition to members with contracted-out benefits.

Increases to pensions in payment

Practical Law UK Practice Note 0-622-7894 (Approx. 13 pages)

Increases to pensions in payment

MaintainedUnited Kingdom
This note examines the statutory requirement under the Pensions Act 1995 to increase pensions in payment from occupational pension schemes. The note looks at the requirements as they apply to members of defined benefit schemes and members with money purchase benefits, in addition to members with contracted-out benefits.