Appropriate Pension definition

Appropriate Pension. Provision: in respect of Eligible Employees, either:

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Appropriate Pension. Provision” in respect of Eligible Employees, either: membership, continued membership or continued eligibility for membership of their Legacy Scheme; or membership or eligibility for membership of a pension scheme, which is certified by the GAD as being broadly comparable to the terms of their Legacy Scheme;

Appropriate Pension. Provision” In respect of: a) Transferring Employees, either: - Membership or continued membership or continued eligibility for membership of the pension scheme of which they were members , or were eligible to be members, or were in a waiting period to become a member of, prior to the Relevant Transfer; or - Pension rights which are certified by the Government Actuary’s Department (“GAD”) as being broadly comparable to the terms of the pension scheme of which they were, or were eligible to be members.

Examples of Appropriate Pension in a sentence

• The Provider shall or shall procure that any relevant sub-contractor shall ensure that all Eligible Employees are offered Appropriate Pension Provision with effect from the Relevant Transfer date up to and including the date of the expiry or earlier termination of this Contract.

• The Company shall or shall procure that all Acquired Staff are provided with Appropriate Pension Provision with effect from the Commencement Date up to and including the date of the termination or expiry of this Agreement.

• Appropriate Pension Provision membership, continued membership or continued eligibility for membership of such pension scheme as the Relevant Employee is statutorily entitled to at the relevant time.

• The Contractor shall or shall procure that any relevant Sub-Contractor shall ensure that all Eligible Employees are offered Appropriate Pension Provision with effect from the Effective Date up to and including the date of the termination or expiry of this agreement and shall comply with its obligations under the Pensions Act 2004 and the Pensions Act 2008 as amended, and any regulations made thereunder.

• The Contractor shall or shall procure that any relevant Sub-Contractor shall ensure that all Eligible Employees are offered Appropriate Pension Provision with effect from the Effective Date up to and including the date of the termination or expiry of the Contract.

• Agreement Appropriate Pension Provision means this agreement between the Authorities entered into on the date given above.

• B.3.1. The Provider shall or shall procure that any relevant sub-contractor shall ensure that all Eligible Employees are offered Appropriate Pension Provision with effect from the Relevant Transfer date up to and including the date of the expiry or earlier termination of this Contract.

• The Supplier shall or shall procure that any relevant Sub-Contractor shall ensure that all Eligible Employees are offered Appropriate Pension Provision with effect from the Effective Date up to and including the date of the termination or expiry of this Agreement.

• The Lead Authority shall ensure that all Eligible Employees and New Employees are offered Appropriate Pension Provision.

• The Service Provider shall or shall procure that any relevant Sub-contractor shall ensure that all Eligible Employees are offered Appropriate Pension Provision with effect from the Effective Date up to and including the date of the termination or expiry of this agreement.

More Definitions of Appropriate Pension

Appropriate Pension. Provision" in respect of the Eligible Employees means continued membership or continued eligibility for membership of the LGPS as appropriate;

Appropriate Pension. Provision: in respect of Eligible Employees, either: membership, continued membership or continued eligibility for membership of the pension scheme of which they were members, or were eligible to be members, or were in a waiting period to become a member of, prior to the Relevant Transfer; or pension scheme, which is certified by the Government Actuary’s Department (GAD) as being broadly comparable to the terms of the pension scheme of which they were, or were eligible to be, members. Bond: the bond to be executed in the [Council’s standard form/ in the form set out in Part 3 of this Schedule 8] to the value of [VALUE] under paragraph 25.3 . Cessation Date: any date on which the Contractor or any Sub-Contractor (as appropriate) ceases to be an Admission Body other than as a result of the termination of this Agreement or because it ceases to employ any Eligible Employees. Effective Date: the date(s) on which the Services (or any part of the Services) transfer from the Council or any Third Party Employer to the Contractor or Sub-contractor, and a reference to Effective Date shall be deemed to be the date on which the employees in question transferred or will transfer to the Contractor or Sub-contractor. Eligible Employees: the Transferring Employees [or employees of Third Party Employers] who are active members of (or are eligible to join) the LGPS on the date of a Relevant Transfer including the Effective Date.

Appropriate Pension. Provision: in respect of: Eligible Employees, either: membership, continued membership or continued eligibility for membership of the pension scheme of which they were members, or were eligible to be members, or were in a waiting period to become a member of, prior to the Relevant Transfer; or (ii) pension scheme, which is certified by the Government Actuary's Department (GAD) or an actuary nominated by the Authority in accordance with relevant guidance produced by the Government Actuary’s Department as being broadly comparable to the terms of the pension scheme of which they were, or were eligible to be, members. Cessation Date: the date on which the Contractor or the relevant Sub-Contractor ceases to be admitted to the LGPS other than as a result of the termination or expiry of this Agreement or because it ceases to employ any Eligible Employees.