Pensions Factsheet - TUPE
A guide to your pension rights on TUPE transfer.
Download: Pensions Factsheet - TUPE
Date Posted: 29 November 2010
What is TUPE?
TUPE, the Transfer of Undertakings (Protection of Employment)
Regulations 1981 is the legislation which protects employees when
their jobs are transferred to a new employer after the sale of a
business.
Since April 2005, following legislation in the Pensions Act
2004, employers have to provide a minimum level of pension to
employees transferring under the TUPE regulations.
When do the regulations apply?
The regulations only apply when the previous employer provides
employees with membership of an occupational pension scheme (ie a
salary-related or money purchase arrangement).
They don’t apply where the previous employer provides membership
of other arrangements such as Group Personal Pension Plans and
Stakeholder Pension Schemes.
For more information, please contact Usdaw’s Pensions Section on
0161 224 2804 or send an email to pensions@usdaw.org.uk
Pensions Factsheet - TUPE was correct at the date of
publication November 2010.