3fae9351_pport___The_Pensions_Regulator__Term
[Definition] Assets on which a claim by the pension scheme would exist on the occurrence of one or more specified future events ('the contingent event') such as an employer insolvency or the failure to achieve a specified funding level. In other circumstances they are not available to the trustees to meet members' benefit payments. In particular, until the contingent event occurs, they cannot be included as scheme assets for the purpose of assessing whether a scheme meets its statutory funding objective (ie that assets are sufficient to cover technical provisions). [Term] 
Contingent assets
Monitoring employer support | The Pensions Regulator
Term