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Pensions: Proposed Changes to TUPE by Helen Jerry
Marie-Louise McMahon
Shaw Pittman LLP
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March 24, 2006
Previously published on March 21, 2005
For employers selling or contracting-out parts of their business in a manner covered by the Transfer of Undertakings (Protection of Employment) Regulations 1981 ("TUPE"), one legislative shake-up that will impact how a deal is structured from now on (and what it will cost) arises out of the Pensions Act 2004. This finally provides limited protection for the occupational pension rights of transferring staff.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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