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Pension Rights

February 28th, 2009 · 5 Comments · Benefits - What happens to your Benefits once you sign a Compromise Agreement?, Pension Rights

All of your benefits will cease by the Termination Date i.e the date your employment contract comes to an end with your employer, unless you have made a separate arrangement for benefits to continue to a particular date beyond the Termination Date.

In terms of pension rights, they are excluded from your Compromise Agreement and you will have to speak with your pension provider to obtain specific details.  Usually with pension schemes, you would no longer be allowed to contribute to your pension beyond the agreed date.


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