Konica Minolta Business Solutions (UK) Ltd v Applegate: [2012] EWHC 3741 (Ch); [2013] WLR (D) 9
“When applying uniform accrual to ‘so much of any benefit’ by virtue of section 74(3) of the Pension Schemes Act 1993 one was being directed not merely to what one might call the top slice, the benefit which actually accrued at the higher rate, but that element of a benefit package which was the subject of the higher rate. In section 74(3) the ‘benefit’ referred to was the composite of the various benefits which made up long service benefit and if the exception applied it did with regard to the entirety of such a component.”
WLR Daily, 21st December 2012
Source: www.iclr.co.uk
