It's also obligatory for all construction industry employers to sign up for this scheme, whether or not they want to. A construction industry employer, for example, cannot simply put a PRSA scheme in place for their employees, like most others. This seems anti-competitive to me.
Well I think we can leave that philosophy and psychology debate for shooting the breeze!
- The OP did not suggest that this was happening
- It is a DB Scheme so such happenings should not affect the member's pension
- The OP did not suggest that this was happening
- It is a DB Scheme so such happenings should not affect the member's pension
The employee's pension is defined, so whether or not his/her contribution goes in should not - in theory - affect his/her pension.
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