Oracle UK Pension Plan (PO-17832)
Complainant: Mr N
Complaint Topic: Benefits: incorrect calculation
Ref: PO-17832
Outcome: Not upheld
Respondent: Trustees of the Oracle UK Pension Plan
Type: Pension complaint or dispute
Date:
Ombudsman’s Determination
Outcome
I do not uphold Mr N’s complaint and no further action is required by the Trustees.
My reasons for reaching this decision are explained in more detail below.
Complaint summary
Mr N has complained that the Trustees have incorrectly interpreted the rules of the Plan and his benefits should be based on a Total Annual Benefits (TAE) basis for all of his service up to 31 May 2004 and not on a basic salary basis for service from 10 December 1998.
View determination
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