Contributions holiday: Difference between revisions
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imported>Doug Williamson (Split long sentence up, for clarity. Link with Defined benefit pension scheme page. Categorise the page.) |
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''Pensions''. | ''Pensions''. | ||
A temporary cessation in pension contributions, usually by the employer only | |||
A contributions holiday may arise when a [[surplus]] exists in a [[defined benefit pension scheme]]. | |||
It means a temporary cessation in pension contributions, usually by the employer only. | |||
The temporary 'holiday' from making contributions may sometimes be extended to the employees as well as the employer. | |||
== See also == | == See also == | ||
* [[Amortisation]] | * [[Amortisation]] | ||
* [[Defined benefit pension scheme]] | |||
* [[Pension assets]] | * [[Pension assets]] | ||
* [[Surplus]] | * [[Surplus]] | ||
[[Category:Manage_risks]] | |||
Latest revision as of 20:04, 29 July 2014
Pensions.
A contributions holiday may arise when a surplus exists in a defined benefit pension scheme.
It means a temporary cessation in pension contributions, usually by the employer only.
The temporary 'holiday' from making contributions may sometimes be extended to the employees as well as the employer.
