Former employers of the Merchant Navy Pension Fund (MNRPF) will be forced to pay deficit contributions to the scheme after a landmark ruling in the High Court today.
Mrs Justice Asplin also determined the scheme was frozen when all members stopped accruing pensionable service in 2001, affecting when each employer's statutory section 75 debt would be triggered. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders