‘The issue in this case turns on the effect of Rules, which are effectively in identical terms, of the Massey-Ferguson Works Pension Scheme (‘the Works Scheme’) and of the Massey-Ferguson Staff Pension Scheme (‘the Staff Scheme’). In a nutshell, the issue is whether employees over 50 years of age, a) who were made involuntarily redundant, and b) who were invited to volunteer to be made redundant, are entitled to receive an immediate and undiscounted pension.’
Judges:
Neuberger J
Citations:
[2002] EWHC 2878 (Ch), [2003] OPLR 119, [2003] Pens LR 47
Links:
Jurisdiction:
England and Wales
Financial Services
Updated: 21 October 2022; Ref: scu.346770