Scheme funding & restructuring
Pension schemes in the private and commercial semi-state sectors are generally funded schemes, meaning that a fund of investments is built up to support the liabilities.
Depending on the type of pension arrangement you have, different requirements are in place to protect the assets and monitor the level of funding relative to the pension benefits that are due to be paid out.
Funded defined benefit schemes in particular can be subject to amendment if the scheme assets fall short.
Some pension schemes are unfunded. These generally relate to the non-commercial public sector, such…
In a funded defined benefit pension scheme, if the funding of the scheme is…
If there are surplus assets remaining in a funded defined benefit pension scheme in…
In most cases, the terms of a pension scheme may be amended. Details…
A funded pension scheme may be wound up if the employer (1) goes into…
Mergers and acquisitions are a regular feature of business life. One company may acquire…
Defined contribution (DC) pension schemes are set up under trust and the trustees are…
In funded DB schemes, employees and employers usually pay regular monthly payments into a…
The Pensions Authority monitors the financial strength of funded defined benefit (DB) pension schemes…
If a funded defined benefit pension scheme would not meet its funding standard liabilities…
