Common use of Transfers to the Fund Clause in Contracts

Transfers to the Fund. Only property representing locked-in funds originating, directly or indirectly, from an RPP, a LIRA, a life annuity the capital of which originated from an RPP, or another source permitted by the Income Tax Act and Pension Legislation from time to time, may be transferred to the Fund. The Trustee will not accept any transfers to the Fund from a source or in circumstances not permitted by Pension Legislation. The Annuitant, if the member or former member of the originating pension plan, may purchase a LIF if the Spouse has provided his / her written consent.

Appears in 3 contracts

Samples: Lif Addendum Agreement, Lif Addendum Agreement, Lif Addendum Agreement

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Transfers to the Fund. Only property representing locked-in funds f unds originating, directly or indirectly, from an RPP, a LIRA, a LIF, an LRIF, a life annuity annuit y the capital of which originated origi nated from an RPP, or another source permitted perm itted by the Income Tax Act and Pension Legislation from time to time, may be transferred to the Fund. The Trustee will not accept any transfers to the Fund from a source or in circumstances circum stances not permitted by Pension Legislation. The Annuitant, if transfer may only be made after the member or former member of the originating pension plan, may purchase a LIF if Trustee receives consent from the Spouse has provided his / her written consentin the form and manner required by Pension Legislation.

Appears in 1 contract

Samples: Addendum Agreement

Transfers to the Fund. Only property representing locked-in funds originating, directly or indirectly, from an RPP, a LIRA, a LIF, an LRIF, a life annuity the capital of which originated from an RPP, or another source permitted by the Income Tax Act and Pension Legislation from time to time, may be transferred to the Fund. The Trustee will not accept any transfers to the Fund from a source or in circumstances not permitted by Pension Legislation. The Annuitant, if transfer may only be made after the member or former member of the originating pension plan, may purchase a LIF if Trustee receives consent from the Spouse has provided his / her written consentin the form and manner required by Pension Legislation.

Appears in 1 contract

Samples: Addendum Agreement

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Transfers to the Fund. Only property representing locked-in funds originating, directly or indirectly, from an RPP, a LIRA, a life annuity the capital of which originated from an RPP, or another source permitted by the Income Tax Act and Pension Legislation applicable pension legislation from time to time, may be transferred to the Fund. The Trustee will not accept any transfers to the Fund from a source or in circumstances not permitted by Pension Legislation. The Annuitant, if the member or former member of the originating pension plan, may purchase a LIF if the Spouse has provided his / her written consent.

Appears in 1 contract

Samples: Addendum Agreement

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