Quoted: Pension upon the transfer of an undertaking
Over the past few years the pension rights of employees have been regarded as one of the most important employment benefits.
For this reason, a regularly asked question concerns the consequences and implications for the employer and employee in the event of a merger or acquisition on the pension scheme and the administration thereof. The way in which a transfer of undertaking takes place is essential for clarifying the consequences for the pension scheme
This contribution to Quoted provides an explanation of what is and is not possible, as well as the implications for pensions in the event of a transfer of undertaking.
Please read Quoted below or download the PDF version.