Preserved Benefits definition

Search

Preserved Benefits

Preserved Benefits logo #20174When leaving employment after at least two years as a member of an Occupational Pension Scheme, pension benefits accrued to date must be preserved within the scheme or transferred to another pension scheme. If less than two years ‘service, members of the pension scheme can take a refund of any personal contributions, less certain deductions. ...
Found on http://www.encyclo.co.uk/local/20174
No exact match found.