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NCR Pension Plan – Pension Insurance Corporation buy-out policy (PO-10554)

Complainant: Mr R
Complaint Topic: Winding up
Ref: PO-10554
Outcome: Not upheld
Respondent: Pension Insurance Corporation
Type: Pension complaint or dispute
Date:

Ombudsman’s Determination

Outcome

I do not uphold Mr R’s complaint and no further action is required by the Respondent.

My reasons for reaching this decision are explained in more detail below.

Complaint summary

Mr R’s complaint is about the reduction in his pension benefits following the buy-out of the Scheme.

View determination

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