Transfer of contributions. 1. The Contracting Parties jointly commit to irrevocably transfer to the Fund the contributions that they raise from the institutions authorised in each of their territories by virtue of Articles 70 and 71 of the SRM Regulation, and in accordance with the criteria laid down therein and in the delegated and implementing acts to which they refer. The transfer of contributions shall take place in accordance with the conditions laid down under Articles 4 to 10 of this Agreement.
2. The Contracting Parties shall transfer the ex ante contributions corresponding to every year by 30 June of that year at the latest. The initial transfer of ex ante contributions to the Fund will take place by 30 June 2016 at the latest or, if the Agreement has not entered into force by that date, six months after its date of entry into force at the latest.
3. Contributions raised by the Contracting Parties in accordance with Articles 103 and 104 of the BRR Directive before the date of application of this Agreement shall be transferred to the Fund by 31 January 2016 at the latest or, if the Agreement has not entered into force by that date, one month after its date of entry into force at the latest.
4. Any amount disbursed by the resolution financing arrangement of a Contracting Party before the date of application of this Agreement in respect of resolution actions within its territory shall be deducted from those contributions to be transferred by that Contracting Party towards the Fund referred to in paragraph 3. In such a case, the Contracting Party in question shall remain bound to transfer towards the Fund an amount equivalent to that which would have been necessary to achieve the target level of its resolution financing arrangement, in accordance with Article 102 of the BRR Directive and within the deadlines therein provided.
5. The Contracting Parties shall transfer ex post contributions immediately after their collection.
Transfer of contributions. Notwithstanding any other provisions of this Article XII to the contrary, an Employee whose Home Pension Fund is signatory to Exhibit B of the Reciprocal Agreement and who works under the jurisdiction of and has contributions made to a pension fund signatory only to Exhibit A of the Reciprocal Agreement shall have such contributions forwarded to his Home Pension Fund if:
Transfer of contributions. The Contracting Parties jointly commit to irrevocably transfer to the Fund the contributions that they raise from the institutions authorised in each of their territories by virtue of Articles 70 and 71 of the SRM Regulation, and in accordance with the criteria laid down therein and in the delegated and implementing acts to which they refer. The transfer of contributions shall take place in accordance with the conditions laid down under Articles 4 to 10 of this Agreement.
Transfer of contributions. Upon receipt of a timely and properly completed request for a transfer of contributions to the Employee’s Home Fund, the Participating Fund shall collect and transfer to the Employee’s Home Fund the contributions required to be made to the participating Fund on the Employee’s behalf. Said contributions shall be forwarded to the
Transfer of contributions. (1) Under these Point-of-Claim Reciprocity rules, transfers of contributions are required only from a Local Fund to a Home Fund, only if the laborer is not eligible for the claimed benefits under the Local Fund, and only if such a transfer would make the laborer eligible for the claimed benefits under the Home Fund (by itself or in combination with other Local Fund transfers).
(2) The amount of contributions to be transferred by a Local Fund is all contributions received by that Fund on behalf of the laborer for work he/she performed through the month during which the claim was incurred, with one exception. The exception is that a Local Fund need not transfer any contributions that have been the basis for the payment of insurance premiums or claims on behalf of the laborer.
(3) If a laborer has more than one Local Fund -- that is, he/she has been working in the jurisdiction of more than one Local Fund -- a transfer of contributions will be made first from the Local Fund in whose jurisdiction he/she was working at the time that the claim was incurred. If these contributions are not sufficient to restore eligibility in the Home Fund, contributions will be transferred from the other Local Funds in reverse order of the laborer's Fund coverage until a sufficient amount of contributions to restore eligibility in the Home Fund has been transferred.
(4) A transfer of contributions should be made as quickly as possible so that a claim can be processed and paid in a timely manner. A transfer must be made within thirty (30) days after a written request for a transfer is received, absent extraordinary circumstances.
(5) Once contributions are transferred, the credit attributable to those contributions under the transferor Fund's rules is cancelled and will not be counted for any purpose by that Fund. In other words, the Local Fund that transfers contributions to the Home Fund will not be required to take those contributions or the credit attributable to those contributions into account in determining whether the laborer or his/her beneficiaries are eligible for benefits from the Local Fund in the future. The contributions transferred will be credited by the transferee Fund in accordance with its rules. Y. In this situation, the claim is paid by Local Fund Y. $70 in contributions for each of three months (March, April and May) since he left the Home Fund's coverage -- that is, a total of $210 in contributions. Local Fund X will transfer $200 in contributions it receive...
Transfer of contributions. 1. If one joint contributor wants to transfer its entire or partial amount of its contribution in the Company to any non-joint contributor, it shall be agreed by all the Joint Contributors;
2. 共同出资人之间转让在共同出资中的全部或部分出资额时，应当通知其他共同出资人；
Transfer of contributions. 5.1: Upon receipt from an Employee of a proper, timely request for a transfer of contributions to his/her Home Fund, the Local Fund shall collect the contributions which Employers are required to make on the Employee's behalf to the Local Fund and shall transfer those contributions to the Employee's Home Fund. All such contributions received by the Local Fund shall be transferred, regardless of any difference in contribution rates between the two Funds.
5.2: The Local Fund shall transfer the contributions to the Home Fund within sixty (60) days following the end of the calendar month in which the Local Fund received the contributions.
5.3: The Local Fund shall transfer, along with the contributions, such records or reports as are needed by the Home Fund to verify and credit the contributions.
Transfer of contributions. Contributions made by the Participating Employer and by Participants shall be transferred to the Trustee as soon as administratively practicable. Such contributions shall be paid in cash, check, certified funds, ACH transfer or wire. Amounts paid to the Trustee shall become a part of the Trust Fund. A contribution of property shall not be permitted.
Transfer of contributions. Upon receipt of a laborer's timely request for a transfer of contributions to his/her Home Fund, a Local Fund will transfer all contributions received on the laborer's behalf, along with copies of the reports verifying these contributions, to the Home Fund designated by the laborer. All contributions made before the timely request was received and contributions received thereafter will be transferred to the Home Fund by the Local Fund on an ongoing basis unless and until a written revocation of the transfer request is received by the administrator of the Local Fund. Contributions should be transferred as soon as possible but no later than sixty (60) days following the end of the calendar month in which the Local Fund received the contributions, absent extraordinary circumstances. The Local Fund is to transfer all contributions received on behalf of the laborer regardless of whether there is a difference between the contribution rates of the Local Fund and the Home Fund. The Local Fund is responsible for the normal contribution collection and enforcement activities with regard to the contributions owed for a laborer requesting a transfer. Contributions owed by employers for such a laborer should be treated no differently than other contributions owed to the Local Fund with regard to collection activities.
Transfer of contributions. Upon the timely and properly completed request for a transfer of contributions and/or an Employee's account, if permitted by this Board of Trustees, to the Employee's Home Annuity Fund, this Cooperating Annuity Fund shall collect and transfer to the Employee's Home Annuity Fund the contributions required to be made to this Cooperating Annuity Fund on the Employee's behalf and/or, if permitted by this Board of Trustees, the Employee's account. Said contributions and/or account shall be forwarded to the Employee's Home Annuity Fund within sixty (60) calendar days following the month in which the contributions were received or in the case of an account transfer, within sixty (60) calendar days following the month in which the request was made by the Employee. Any undue delay in transferring contributions or an account shall be considered a violation of the Iron Workers International Reciprocal Annuity Agreement and subject to its provisions for arbitration. The contributions or account so transferred shall be accompanied by such records or reports which are necessary or appropriate. The Cooperating Annuity Fund shall transfer the actual dollar amount of contributions received regardless of any difference in the contribution rates between the Cooperating Annuity Funds. The Cooperating Annuity Fund shall transfer the actual dollar amount of an account balance, if permitted by the Board of Trustees, without charge.
