Review of the Retirement Benefits Practice Notes for Determining Defined Benefits Obligations

The Retirement Benefits Authority (RBA) introduced the Retirement Benefits Practice Notes as per Gazette Notice No. 1239. These notes, developed under section 55(3) of the Retirement Benefits Act, 1997, aim to provide a structured approach for managing defined benefit (DB) schemes. Key Objectives and Scope The Practice Notes serve several critical purposes: Guidance: They offer […]

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