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Contribution notice definition

What does Contribution notice mean? A contribution notice is a demand by The pensions regulator (TPR) requiring an employer, or a connected/associated third party, to pay a specified sum to a defined benefit pension scheme. It is a statutory anti-avoidance power under sections 38–42 of the Pensions Act 2004 (as amended, including by the Pension Schemes Act 2021). TPR may issue a contribution notice if, in its opinion, the person was party to an act or deliberate failure to act and: - the main purpose, or one of the main purposes, was to prevent recovery of all or part of a section 75 employer...

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Share sales and single-employer DB schemes: allocation of liabilities, s.75 and statutory employer risks, substitution options, funding protections, trustee changes, notifiable events, clearance and PSA 2021 offences

Practice notes
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FORTHCOMING DEVELOPMENT :

Under the Pension Schemes Act 2021, a secondary Notifiable events regime is being brought in (pursuant to section 69A of the Pensions Act 2004), focused on specified employer‑related notifiable events connected to a DB scheme. The regime obliges employers to copy the trustees into any notification sent to the Pensions Regulator and to furnish both the trustees and the Pensions Regulator with an accompanying statement (also referred to as a declaration of intent) setting out details of the notifiable event and how any detriment to the scheme will be mitigated. On 8 September 2021, the Department for Work and Pensions (DWP) issued a consultation on draft regulations which, among other matters, describe the categories of events that will fall within the scope of the secondary notifiable events regime...

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Web page updated on 21/05/2026

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