Pension Scheme Design – IDS Pensions Handbook

This IDS Pensions Handbook looks at the practical issues involved in designing workplace pension schemes. It covers both defined benefit and defined contribution arrangements. This handbook considers in detail the range of benefit options both at normal retirement age and in other circumstances such as ill-health, early and late retirement and death.

Among the areas covered are:

• defined benefit options (final salary and other approaches such as career average and cash balance plans)
• defined contribution options (including occupational money purchase plans, group personal pensions and stakeholder schemes)
• contribution and benefit structures
• contracting out of the State scheme
• pension sharing on divorce
• early, late and flexible retirement
• equality issues
• benefits payable to dependants.

Contents of the Handbook (PDF)

Published: June 2007