The Industrial Cases Reports
[2013] ICR 625
Chancery Division
Konica Minolta Business Solutions (UK) Ltd
v
Applegate and others
[2012] EWHC 3741 (Ch)
2012 Nov 27,
28;
Dec 21
Asplin J
Trusts— Pension scheme— Rectification— Employer seeking rectification of scheme deed and rules— Calculation of long service benefit— Whether rectified scheme producing inequitable result when short service benefit computed on same basis in case of early leavers— Whether “benefit” referring only to benefit accruing at higher rate or to composite of various benefits— Whether rectified scheme compliant with preservation requirements—
Pension Schemes Act 1993, (c 48), s 74
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