Members of the superannuation scheme complained that trustees were calculating the benefits payable on early retirement by reference to the standard terms of employment, and even though they had particular and different terms.
Held: The calculation had to be with reference to the terms and conditions of the member who applied for the benefits.
Judges:
The Hon Mr Justice Lloyd
Citations:
[2004] EWHC 935 (Ch), Times 27-May-2004
Links:
Statutes:
Pension Schemes Act 1993 71 74 180
Jurisdiction:
England and Wales
Citing:
Cited – Barber v Guardian Royal Exchange Assurance Group ECJ 17-May-1990
Europa The benefits paid by an employer to a worker on the latter’s redundancy constitute a form of pay to which the worker is entitled in respect of his employment, which is paid to him upon termination of the . .
Lists of cited by and citing cases may be incomplete.
Financial Services, Trusts
Updated: 16 August 2022; Ref: scu.196630