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Financial Assistance Scheme
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Financial Assistance Scheme : ウィキペディア英語版
Financial Assistance Scheme
The Financial Assistance Scheme (FAS) is part of the UK welfare system that offers help to members of (eligible schemes ) who have lost out on their pension either because their employer became insolvent between 1 January 1997 and 5 April 2005,〔(【引用サイトリンク】title=The Financial Assistance Scheme )
or is solvent but under a "compromise agreement" no longer has to meet its commitment to pay its debt to the pension scheme.〔(【引用サイトリンク】 title=Pension schemes with solvent employers urged to contact FAS review )
==Funding==
It is funded by scheme assets and an estimated £1.9B of taxation 〔(【引用サイトリンク】title=Hain welcomes interim findings of Assets Review )
and is managed by Board of the Pension Protection Fund (PPF), established by the Pensions Act 2004 which is accountable to Parliament through the Secretary of State for Work and Pensions.〔 However the FAS is financially separate from the PPF which is funded by a levy on direct benefit schemes. The pension is revalued in line with Price inflation up to National Retirement Age and the FAS tops up any amount received from a scheme annuity to a nominal 90% of the previously expected pension (up to a maximum of £26,000). It can also pay ill health benefits. Indexation ceases at retirement.〔(【引用サイトリンク】title=Financial Assistance Scheme )

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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