Legal Concerns Regarding Equalization of Normal Retirement Ages for Men and Women at FALTEC Europe
First written in FY2020-Q3. 1 of 2 entries say "Materialised", first in FY2020. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020MaterialisedAnnual report
「At ファルテックヨーロッパ, a subsidiary of FALTEC Co.,Ltd. and a consolidated subsidiary of the Company, a review of when the equalization of the retirement ages for men and women under the pension scheme became effective resulted in an increase of ¥1,423 million in retirement benefit obligations during the current consolidated fiscal year due to a change in estimates. Meanwhile, a change in the benchmark used to revise benefit amounts in accordance with the scheme rules, with the consent of the parties concerned, resulted in a decrease of ¥1,027 million in retirement benefit obligations during the current consolidated fiscal year.」
For the legal concerns regarding equalization of the retirement ages for men and women at ファルテックヨーロッパ, changes in retirement benefit obligations arising from changes in estimates and benefit revisions were recognized for the full fiscal year. - FY2020-Q3First statedAnnual report
「At FALTEC Europe ("FEL"), a consolidated subsidiary of the Company and a subsidiary of FALTEC Co., Ltd., the trustee administering FEL's pension scheme has expressed an opinion to FEL regarding when the equalization of normal retirement ages for men and women under the scheme became effective. FEL and the trustee are currently seeking an opinion from barristers to resolve the legal concerns.」
An opinion was expressed regarding the effective date of equalization of normal retirement ages for men and women under FALTEC Europe's pension scheme, and advice is being sought from barristers to resolve the legal concerns.