unfunded unapproved retirement benefits scheme
- unfunded unapproved retirement benefits scheme
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Easyform Glossary of Law Terms. — UK law terms.
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unfunded unapproved retirement benefit scheme — unfunded unapproved retirement benefit schemes (UURBS) Now known as employer financed retirement benefit schemes (EFRBS), unapproved occupational pension schemes that employers used to set up to provide top up benefits for employees who were… … Law dictionary
funded unapproved retirement benefits scheme — Companies may provide retirement benefits greater than the Inland Revenue limits. Such top up benefits schemes may be funded through either a FURBS (funded unapproved retirement benefits scheme) or an URBS (unfunded unapproved retirement benefits … Law dictionary
unfunded unapproved retirement benefit schemes — (UURBS) Now known as employer financed retirement benefit schemes (EFRBS), unapproved occupational pension schemes that employers used to set up to provide top up benefits for employees who were caught by the pensions cap. No new UURBS can be set … Law dictionary
funded unapproved retirement benefit scheme — funded unapproved retirement benefit schemes (FURBS) 1) Now known as employer financed retirement benefit schemes (EFRBS), unapproved occupational pension schemes that employers used to set up to provide top up benefits for employees who were… … Law dictionary
occupational pension scheme — Under the Pension Schemes Act 1993, an employer can contract out of the SERPs element of the state pension scheme (hence qualifying for contracted out rebate on National Insurance Contributions) by means of an occupational pension scheme. There… … Law dictionary
FURBS — Companies may provide retirement benefits greater than the Inland Revenue limits. Such top up benefits schemes may be funded through either a FURBS (funded unapproved retirement benefits scheme) or an URBS (unfunded unapproved retirement benefits … Law dictionary
top up — Companies may provide retirement benefits greater than the Inland Revenue limits. Such top up benefits schemes may be funded through either a FURBS (funded unapproved retirement benefits scheme) or an URBS (unfunded unapproved retirement benefits … Law dictionary
URBS — index city Burton s Legal Thesaurus. William C. Burton. 2006 URBS Comp … Law dictionary
Pensions in the United Kingdom — fall into seven major divisions; Basic State Pension, State Second Pension (S2P), Occupational Pensions, Stakeholder Pensions, Group Personal Pensions and Personal or Individual Pensions. Personal accounts, automatic enrollment and the minimum… … Wikipedia
Pension provision in the United Kingdom — UK Pension Provision falls into seven major divisions; Basic State Pension, State Second Pension (S2P), Occupational Pensions, Stakeholder Pensions, Group Personal Pensions and Personal or Individual Pensions. Personal Accounts automatic… … Wikipedia
