Employer debt requirements: options for multi-employer schemes: checklist | Practical Law

Employer debt requirements: options for multi-employer schemes: checklist | Practical Law

Tables summarising the main points about the various ways of managing a statutory debt arising under section 75 of the Pensions Act 1995 when an employer stops participating in a multi-employer salary-related pension scheme. The employer can choose to pay its full share of the debt on the default basis, take advantage of various apportionment or withdrawal arrangements to reduce its share or defer the debt on specified terms.

Employer debt requirements: options for multi-employer schemes: checklist

Practical Law UK Checklist 6-382-7189 (Approx. 9 pages)

Employer debt requirements: options for multi-employer schemes: checklist

MaintainedEngland, Scotland, Wales
Tables summarising the main points about the various ways of managing a statutory debt arising under section 75 of the Pensions Act 1995 when an employer stops participating in a multi-employer salary-related pension scheme. The employer can choose to pay its full share of the debt on the default basis, take advantage of various apportionment or withdrawal arrangements to reduce its share or defer the debt on specified terms.