Scheme Specific Funding

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Pensions funding.

The name originally given to the former pension scheme funding regime introduced in the UK Pensions Act 2004 whereby trustees and employers must agree a funding programme specific to the scheme concerned on the basis of actuarial and other advice.

It replaced the Minimum Funding Requirement which was introduced by the Pensions Act 1995.

SSF has been replaced by Statutory Funding Objective.

See also