The Industrial Cases Reports
[2011] ICR 1069
Supreme Court
Bridge Trustees Ltd v Yates and others (Secretary of State for Work and Pensions intervening)
[2011] UKSC 42
2011 June 20,
21;
July 27
Lord Walker of Gestingthorpe, Baroness Hale of Richmond, Lord Mance, Lord Clarke of Stone-cum-Ebony JJSC, Lord Collins of Mapesbury
Trusts— Pension scheme— Underprovision— Salary related scheme restructured to provide benefits related to members’ contributions and matching credits from employer— Whether money purchase benefits— Whether features of scheme precluding benefits from being money purchase benefits—
Pension Schemes Act 1993 (c 48), s 181(1)
—
Pensions Act 1995 (c 26), s 73
—
Occupational Pension Schemes (Winding up) Regulations 1996 (SI 1996/3126), reg 13