The Rexam Pension Plan has carried out a trivial commutation exercise, contributing towards a reduction in total membership as defined benefit schemes are trying to reduce costs. Trivial commutation ...
From the blog: Most pension schemes are considering derisking and most of those are considering trivial commutation. Why? Probably because it seems like the pension scheme equivalent of decluttering – ...
Petitioners say that on July 29, 2003, the rate of interest was enhanced from 4.75% per annum to 8% due to which the amount ...
The Punjab and Haryana High Court ruled Punjab unfairly increased pension commutation rates during a financial crisis, ...
Punjab and Haryana HC provided relief restricted to the petitioners, without quashing the 2003 govt circular on pension ...
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