TUPE: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Create page. Source: Pensions Advisory Service webpage https://www.pensionsadvisoryservice.org.uk/about-pensions/when-things-change/leaving-your-pension-scheme/tupe)
 
imported>Doug Williamson
m (Update links.)
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
''Pensions - employee protection - UK''.  
''Pensions - employee protection - UK''.  
1.


TUPE is an abbreviation for the UK Transfer of Undertakings (Protection of Employment) regulations.
TUPE is an abbreviation for the UK Transfer of Undertakings (Protection of Employment) regulations.
Line 9: Line 11:


Other employment rights are also generally protected.
Other employment rights are also generally protected.
2.
The term 'TUPE' is also used as a verb, meaning to transfer employees and their pension and other employment rights, under the terms of TUPE.




Line 14: Line 21:
* [[Bulk transfer]]
* [[Bulk transfer]]
* [[Cash equivalent value]]
* [[Cash equivalent value]]
* [[Single Financial Guidance Body]]
* [[Money and Pensions Service]]
* [[Transfer]]
* [[Transfer]]
* [[Transfer value]]
* [[Transfer value]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]

Latest revision as of 15:11, 5 June 2019

Pensions - employee protection - UK.

1.

TUPE is an abbreviation for the UK Transfer of Undertakings (Protection of Employment) regulations.

TUPE may protect the pension benefits that employees have built up if they are affected by a business transfer or outsourcing.


If an employer is taken over or merges with another company, or an employee's role is outsourced to another employer, and the employee remains in employment, the pension benefits they have already built up in a workplace pension scheme are generally protected.

Other employment rights are also generally protected.


2.

The term 'TUPE' is also used as a verb, meaning to transfer employees and their pension and other employment rights, under the terms of TUPE.


See also