Rectification is a remedy exercised in the court's
discretion to re-write mistaken wording in a legal document so that
it accords with what the parties to the document had intended. In a
pensions context, rectification is often, but not always, sought by
the employer and the document is usually a deed or the rules of the
scheme.
In this article, our Pensions Disputes team explains the
important things for employers, trustees and representative
beneficiaries to note about rectification and when the court will
grant it.
A common context for a rectification claim is the discovery
that, owing to a mistake in the wording of a scheme document,
members' benefits, and hence the scheme's liabilities, are
greater than had been intended. Rectifying the document will
correct the mistake retrospectively to the date the document was
executed, thereby enabling the employer and trustees to proceed on
the intended basis, as if the document had always contained the
correct wording.