Pension Scheme. Where the Artist is a member of the Equity Pension Scheme and has elected to make a contribution the BBC will contribute 5% of the Artist’s Basic Engagement Fee (which excludes read-throughs, additional days, short items, extracts, overtime, expenses, assembly fees and all secondary use payments) subject to a maximum contribution of 5% of three times the minimum engagement fee. The Artist will contribute 2.5% of their Basic Engagement Fee subject to a maximum contribution of 2.5% of three times the minimum engagement fee. The BBC will remit their contribution and the Artist’s contribution direct to the Pension Fund on a monthly basis. The Equity Pension Scheme is administered by First Act Insurance and provided by Commercial Union.
Pension Scheme. The company operates an Occupational Pension Scheme / a Personal Retirement Savings Account (Number ) (Delete whichever does not apply). Employee’s who wish to make contributions to a PRSA, should contact who will advise you of the company’s PRSA operator.
Pension Scheme. During the period of the Executive’s service with the Company, the Company will comply at all times with the employer duties under Part 1 of the Pensions Axx 0000.
Pension Scheme. (a) The Officer may join any appropriate pension scheme established by the Company and Scottish Power UK (the Scheme) subject to and in accordance with the rules of the Scheme for the time being and from time to time in force.
(b) Without prejudice to any provisions of the Scheme the Officer's retirement date under this Contract shall be 24 April 2015 (age 63).
(c) If either:
(i) the Officer does not join the Scheme as soon as reasonably practicable and, in any event, within three months of the date of commencement of this Contract, or such longer period as the Scheme may permit, or
(ii) within three months of the date of commencement of this Contract the Officer takes out a personal pension scheme approved under Section 631 of the Income and Corporation Taxes Xxx 0000, or
(iii) once having joined the Scheme the Officer ceases to be a member thereof while remaining in the Employment at any age under the normal retirement date referred to in Clause 9(b) then the Company shall not (subject, in respect of sub-paragraph (iii) above, to the Scheme trustees securing, to the extent required by law and the Scheme rules, any accrued benefits outside the Scheme) be obliged to maintain the Scheme or any other pension scheme for the benefit of the Officer and if the Company does maintain the Scheme or brings into effect another pension scheme it shall be within the discretion of the Company and the trustees of the Scheme or other scheme as to whether or not, and if so upon what terms, the Officer shall be permitted to become a member.
(d) For so long as the Officer shall remain a member of the Scheme he shall be liable to make such contributions thereto and be entitled to such benefits therefrom and be subject to such terms and conditions as are set out in the rules from time to time governing the Scheme.
(e) The Company has elected to contract out of the State Earnings Related Pension Scheme and a contracting-out certificate issued in accordance with the Social Security Pensions Act 1975 is in force in respect of the Employment, provided the Officer becomes and remains a member of the Scheme.
Pension Scheme. The Company has a defined contribution scheme whereby employee contributions will be matched. As agreed, up to an 8% matching contribution from the company will be made. Full details of the scheme are available from the Finance Manager of Nagor. Nagor Ltd will make an employer contribution of 1% irrespective of an employee contribution. The company does not hold a contracting out certificate.
Pension Scheme. 4.1. The shipping company pays in early retirement pension, 12,50%. Early retirement pension shall be 13% after 1 June 2021.
4.2. Foreigners, who pursuant to art. 1. sa. 5. in the early retirement pension Act, are exempt from paying to a Faroese pension scheme, and Faroese persons, who have reached the age of retirement shall instead receive the amount, which was to be transferred as an early retirement pension payment, paid as wages. Before the amount is paid, payments, which are to be paid simultaneously as the wages, are deducted from the amount concurrently, so that the expense of the employer remains unaltered.
Pension Scheme. ▪ There has been a clear signal from bpfBOUW pension scheme that, from 2022, they will not be able to execute the current pension scheme at the current premium rates (2021: 25.0% of the pension base). ▪ Based on the premium policy and the revised economic outlook of bpfBOUW, and based on the situation in Q1 2021 and an unchanged pension scheme, the premium for 2022 is expected to be around 28% of the pension base. ▪ Parties to the collective agreement propose a premium budget of 26.0% of the pension base for the year 2022. If bpfBOUW is unable to execute the current pension scheme at this premium percentage, the scheme will be adjusted by a reduction of the accrual rate for the year 2022 to the level that is required to ensure a balanced financial position in 2022 (2021: 1.738%). Parties to the collective agreement are making every effort to reach an agreement on this with parties to other collective agreements that have also placed their pension schemes with bpfBOUW.
Pension Scheme. 12.1 The Company agrees to contribute 10% of your Salary in equal monthly installments to an appropriate and qualified personal pension plan nominated by you. This contribution is conditional upon your making monthly contributions equal to 2.5% of your Salary to the said plan. You agree that your contributions to the plan may be made by the Company making the relevant deductions from your Salary and paying the required amount into the plan on your behalf. The said contributions are subject to the rules of the plan as amended from time to time and will be capped at Inland Revenue limits. No Contracting Out certificate is in force in respect of employment with the Company.
Pension Scheme. 3.3.1 The Company shall contribute an amount equal to 6% of the Executive’s Salary to such personal pension plan as the Executive shall nominate from time to time.
3.3.2 There is no contracting-out certificate in force in respect of the employment under the Xxxxxxx Xxxxxxx Xxx 0000.
Pension Scheme. 7.1 The Executive shall be entitled to participate in any retirement schemes as are provided to members of senior management of the Company from time to time; provided, however, that the parties hereto acknowledge and agree that the Executive will be entitled to participate in a retirement plan that permits employee elective deferrals or a similar defined contribution plan as is customary in the Executive's location of employment, to the extent such plan can be established by the Company or iCurie, Inc. without undue costs, as determined by the Board of the Company or iCurie, Inc.
