news Pensions – definitions – Contribution holiday By System Administrator 6th July 2007 5:34 pm 3rd November 2015 11:12 am A period during which the contributions of employer and/or employee are suspended, generally when the pension fund is in surplus over acceptable levels. Applies to defined benefit pension schemes. << Back to ‘Pensions – definitions ‘ news Pensions – definitions – Default investment option news Pensions – definitions – Bond funds (corporate bonds and gilts) news Pensions – definitions – Money purchase pension news International benefits – definitions – International health insurance news Pensions – definitions – National pension savings scheme (NPSS) Latest ArticlesComments (1) Case studies Healthcare and wellbeing Virgin Management encourages healthy habits using seasonal wellbeing messages Analysis Healthcare and wellbeing Infographic: What actions are employers likely to take in relation to health benefits provision? news Total reward Employee Benefits Live 2017 speaker slides news Employee engagement Star-Dundee launches employee ownership trust Tom Christopher 23rd January 2014 at 11:01 am Is it lawful that a company choose to take a pensions contributions holiday, knowing full well that they were about to shut down your unit , and make one redundant, in say 5 years time [ planned ] so reducing ones future pension pot, then use that saving to pay ones redundancy? Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.