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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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