3fae9351_pport___The_Pensions_Regulator__Term
[Definition] The 'technical provisions' are an estimate, as required in Part 3 of the 2004 Act made on actuarial principles, of the assets needed at any particular time to make provision for benefits already accrued under the scheme. These include pensions in payment (including those payable to survivors of former members) and benefits accrued by other members which will become payable in the future. [Term] 
Technical provisions
Monitoring employer support | The Pensions Regulator
Term