detrimental modification

detrimental modification
In relation to occupational pension schemes, a variation to the terms of the pension scheme which would or might adversely affect the subsisting rights of any member (or the surviving spouse, civil partner, child or dependant of the member) is a detrimental modification.
Related links
multi-employer scheme (multi-employer pension schemes)

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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