Regulatory Updates
Section 50 Guidelines
November 2009
The Pensions Board has issued new guidelines on how Section 50 applications will be considered, where trustees are applying for a reduction in scheme benefits as part of a plan to restore a defined benefit scheme to solvency. The guidelines can be accessed on the Pensions Board’s website via the following link:
http://www.pensionsboard.ie/index.asp?locID=566&docID=-1&agreed=yes
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