Filed under: Expenses, Compensation
KPMG reports on a recent UK High Court ruling that may increase pension obligations of companies that sponsor UK pension plans. The judgment aims to equalize pension benefits for men and women paid by UK defined benefit pension plans subject to the UK’s guaranteed minimum pension.
Companies that sponsor UK defined benefit pension plans that were previously subject to guaranteed minimum pension accruals
Effective immediately
Partner, Dept. of Professional Practice, KPMG US
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Executive Director, Dept. of Professional Practice, KPMG US
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