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Pension – Pension scheme. The Chancery Division allowed the claimant company's application for rectification of its pension scheme where, as the result of a mistake, a rule setting out the company's contribution rate in the part of the pension that was attributable to pensionable service had not been properly implemented. The court made a declaration so that what the relevant deed of amendment said was brought into line with what, in law, it could achieve.
Pension – Pension scheme. The Chancery Division allowed the claimant company's application for rectification of its pension scheme where, as the result of a mistake, a rule setting out the company's contribution rate in the part of the pension that was attributable to pensionable service had not been properly implemented. The court made a declaration so that what the relevant deed of amendment said was brought into line with what, in law, it could achieve.
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