Construction of scheme rules: omitted words | Practical Law

Construction of scheme rules: omitted words | Practical Law

The High Court has authorised trustees to administer a defined benefit pension scheme on the basis of a construction of the scheme’s pension increase rule that read into the rule wording which had been mistakenly omitted when the rules were consolidated.

Construction of scheme rules: omitted words

Practical Law UK Articles 3-622-1536 (Approx. 3 pages)

Construction of scheme rules: omitted words

by Mayer Brown International LLP
Published on 28 Jan 2016United Kingdom
The High Court has authorised trustees to administer a defined benefit pension scheme on the basis of a construction of the scheme’s pension increase rule that read into the rule wording which had been mistakenly omitted when the rules were consolidated.