22 Test scheme standard

22  Test scheme standard

(1)     A scheme satisfies the test scheme standard in relation to a jobholder (J) if the pensions to be provided for the relevant members of the scheme are broadly equivalent to, or better than, the pensions which would be provided for them under a test scheme.

[(2)     Subject to subsection (3), the relevant members are J and all active members

Powered by Lexis+®

Popular documents