Post-lockdown redundancies: pay attention to pensions! Part 1

Helen Powell

The next blog in our redundancy series focuses on the pensions implications.

Jessica Kerslake from our pensions team encourages employers and pension trustees to consider the potential pensions implications at the outset. Good preparation can help to avoid legal and practical pitfalls.

This post looks at two key cost issues: whether an employer debt could be triggered; and whether employees will be entitled to enhanced pension benefits on redundancy. The second part, which will be posted next week, will set out practical points to help with planning.

Previous blogs on Redundancy

Redundancy and “bumping”

Navigating redundancy risks in the wake of Covid-19

Redundancy and pregnant employees