Earnings cap and Equitable: Difference between pages

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''Pensions''.  
1. ''Ethics - governance - inclusion''.


A former limit (in the UK) on the amount of pensionable remuneration on which the benefits and contributions of a pension scheme member could be based, which applied to periods up to April 2006.  
Fair and reasonable, especially when balancing rights and obligations between different individuals and groups.


The earnings cap was replaced by the lifetime allowance and the annual allowance limits.


However, many company and public sector defined benefit pension schemes may continue to use the earnings cap in order to restrict pension contributions and pension benefits payable. Other employers and pension schemes may choose to set their own earnings caps, resulting in similar effective restrictions.
2. ''Law - statute - common law - equity''.
 
Relating to, or derived from principles in the legal system of equity, that resolves disputes between persons by resort to principles of fairness and justness.
 
Contrasted with legal principles in statute or common law.
 




== See also ==
== See also ==
* [[Annual allowance]]
* [[Common law]]
* [[Earnings]]
* [[Convention on Biological Diversity]]
* [[Lifetime allowance]]
* [[Diversity]]
* [[Lower earnings limit]]
* [[Equality]]
* [[Pensionable salary]]
*[[Equity]]
* [[Inclusion]]
* [[SDG 4]]  -  inclusive & equitable quality education & lifelong learning opportunities for all
* [[Statute]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Ethics]]

Revision as of 08:17, 10 July 2022

1. Ethics - governance - inclusion.

Fair and reasonable, especially when balancing rights and obligations between different individuals and groups.


2. Law - statute - common law - equity.

Relating to, or derived from principles in the legal system of equity, that resolves disputes between persons by resort to principles of fairness and justness.

Contrasted with legal principles in statute or common law.


See also