Technical provisions: Difference between revisions
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imported>Doug Williamson m (Spacing 14/8/13) |
imported>Doug Williamson (Altered see also to retain link) |
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== See also == | == See also == | ||
* [[Code of | * [[Code of practice]] | ||
Revision as of 11:24, 7 February 2015
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'.
