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Pensions deficit

Posted by Peter

The issue that did for SYFAB as an independent organisation, the pension scheme deficit from people who have transferred from local authority schemes, might finally be addressed.

Civil Society reviews a report that suggests changes to the current situation to make organisations less vulnerable. This includes:

  • more flexibility on when exit debts are triggered. 
  • flexibility in calculating exit payments. 
  • flexible exit arrangements.
  • employer exit on weaker terms

​Read the article here: