13 Employer contributions in funded schemes

13  Employer contributions in funded schemes

(1)     This section applies in relation to a scheme under section 1 which is a defined benefits scheme with a pension fund.

(2)     Scheme regulations must provide for the rate of employer contributions to be set at an appropriate level to ensure—

(a)     the solvency of the pension fund, and

(b)     the long-term cost-efficiency of the scheme, so far as relating to the

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