Technical provisions

From ACT Wiki
Revision as of 11:24, 7 February 2015 by imported>Doug Williamson (Altered see also to retain link)
Jump to navigationJump to search

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'.


See also