High Court overturns DB revaluation rules

25-year consensus on contracted-out DB schemes overturned in High Court ruling

Jasmine Urquhart
clock • 3 min read
High Court of Justice
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High Court of Justice

The High Court has overturned revaluation rules for contracted-out defined benefit (DB) schemes in a case involving Virgin Media and the National Transcommunications Limited (NTL) Pension Plan.

The case, brought last year by Virgin Media, concerns the benefits earned by members from pensionable service between 8 March 1999, when the scheme's rules were updated, and 21 June 2010, when the ...

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Jasmine Urquhart
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Jasmine Urquhart

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