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by throwaway_law 2408 days ago
>If the pension didn't do their duty to warn businesses of the deficit in 2005, it should be on their heads to fund the deficit

The irony is the Pension claimed they couldn't notice the employers at the time (which would have given the opportunity to buy out for 1 Euro) because they would have had to research the contact info for thousands of employers...yet the Pension seems to have no problem doing the research now and noticing these employers of their Million+ Euro liabilities.

1 comments

The real irony is that the UK government has just killed the pensions of an entire generation of older women by raising the retirement age without notice.

So going after small businesses to enforce an onerous rule change is entirely hypocritical.

>raising the retirement age without notice

Notice was given - https://assets.publishing.service.gov.uk/government/uploads/...

What would be a fair notice period or formula is probably the area of debate.