PSI20.1.39 - Funding and Surpluses: Funding General - Future Employees

(This archived guidance relates to HMRC discretionary practice before the 6th April 2006. For current guidance on Registered Pension Schemes see the Registered Pension Schemes Manual)

No provision or reserve of any sort should be made for future employees because if they do not enter employment or do not enter the scheme, there will be surplus funds.

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