Common use of Pension Scheme Clause in Contracts

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. (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 4 May 2023 (at 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 Xxxxxxx Xxxxxxx Xxx 0000 is in force in respect of the Employment, provided the Officer becomes and remains a member of the Scheme.

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 22 March 2005 (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. (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)16 January 2016. (c) If either: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. (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 26 June 2009 (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.