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POTENTIAL DEBTS OWING TO THE PLUMBING INDUSTRY PENSION SCHEME – INFORMATION FOR EMPLOYERS
As an employer in the HVACR sector, your company may recently have received a letter from the Trustee of the Plumbing Industry Pension Scheme (“PPS/the Scheme”), or you may have read elsewhere, that the Scheme is going to close to future accrual and/or that employers associated with the Scheme either now or previously may have a remaining debt to the Scheme. To help you understand what this might mean, we have provided some practical information below.
Please note that this is a complex area of pension scheme law and this is intended as general guidance only. If you are, or have been, a participating employer in the Scheme then we strongly recommend that you take professional legal advice to understand if or how any of these matters might affect you and your business.
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