Common use of MEMBER'S GMP Clause in Contracts

MEMBER'S GMP. The Member shall be entitled to a pension for life paid at a rate equivalent to a weekly rate of not less than that guaranteed minimum. The pension will be paid from State Pension Age but commencement of the pension may be postponed for any period during which the Member remains in employment after State Pension Age: (1) if the employment is employment to which the Scheme relates and the postponement is not for more than 5 years after State Pension Age, or (2) if the Member consents to the postponement

Appears in 1 contract

Samples: Interim Deed (Keane Inc)

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MEMBER'S GMP. The Member shall be is entitled to a pension for life paid at a rate equivalent to a weekly rate of not less than that guaranteed minimum. The pension will be paid from State Pension Pensionable Age but commencement of the pension may be postponed for any period during which the Member remains in employment after State Pension Pensionable Age: (1) if the employment is employment to which the Scheme Plan relates and the postponement is not for more than 5 years after State Pension Pensionable Age, ; or (2) if the Member consents to the postponement.

Appears in 1 contract

Samples: Deed of Amendment (Formica Corp)

MEMBER'S GMP. The Member shall be entitled to a pension for life paid at a rate equivalent to a weekly rate of not less than that guaranteed minimum. The pension will be paid from State Pension Pensionable Age but commencement of the pension may be postponed for any period during which the Member remains in employment after State Pension Pensionable Age: (1) if the employment is employment to which the Scheme relates and the postponement is not for more than 5 years after State Pension Age, or (2) if the Member consents to the postponement

Appears in 1 contract

Samples: Consolidated Trust Deed (Interactive Data Corp/Ma/)

MEMBER'S GMP. The Member shall be entitled to a pension for life paid at a rate equivalent to a weekly rate of not less than that guaranteed minimum. The pension will be paid from State Pension Pensionable Age but commencement of the pension may be postponed for any period during which the Member remains in employment after State Pension Age:Pensionable Age:- (1) if the employment is employment to which the Scheme relates and the postponement is not for more than 5 years after State Pension Pensionable Age, ; or (2) if the Member consents to the postponement

Appears in 1 contract

Samples: Deed of Variation (Comshare Inc)

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MEMBER'S GMP. The Member shall be entitled to a pension for life paid at a rate equivalent to a weekly rate of not less than that guaranteed minimum. The pension will be paid from State Pension Pensionable Age but commencement of the pension may be postponed for any period during which the Member remains in employment after State Pension Age: (1) if the employment is employment to which the Scheme relates and the postponement is not for more than 5 years after State Pension Age, or (2) if the Member consents to the postponementPensionable Age:-

Appears in 1 contract

Samples: Interim Deed (Keane Inc)

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