Technical provisions

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Revision as of 15:37, 14 August 2013 by imported>Doug Williamson (Spacing 14/8/13)
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Pensions.

According to the relevant Code of Practice: 'Technical provisions is the name given to an actuarial valuation of the scheme’s benefits earned to date using a method and assumptions chosen prudently by the trustees after taking actuarial advice and with the agreement of the employer'.


See also