Appropriate Pension definition

Appropriate Pension. Provision: in respect of Eligible Employees, either:
Sample 1Sample 2
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.
Sample 1Sample 2
Appropriate Pension. Provision" in respect of the Eligible Employees means continued membership or continued eligibility for membership of the LGPS as appropriate;
Sample 1

Examples of Appropriate Pension in a sentence

  • 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 definitions found in this paragraph, or where not found in this paragraph in the principal Agreement to which this Schedule 1 applies, apply in this schedule: Appropriate Pension Provision: in respect of: Eligible Employees: 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.

  • If you are advising a client who lives overseas and wants to transfer their DB benefits overseas, your Appropriate Pension Transfer Analysis (APTA)27 needs to consider the issues that make it different to a UK pension transfer.

  • 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.

  • 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.

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

  • Appropriate Pension plan assets exist to pay obligations.Reflective of CurrentInvestment OptionsThe LDI portfolio manager has access to detailed informationregarding the component of cash flows since it is based on different information.Specified in Advance Actuaries estimate CF every year providing the basis for the benchmark construction.2. The candidate will be able to understand how the regulatory environment affects plan design and understand how to apply relevant restrictions.

  • Approval by the cognizant NSF Program Officer and implementation of any project or schedule change under this article shall not constitute a basis for an increase in this Cooperative Support Agreements, nor be interpreted as an amendment increasing the award term.

  • A.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.


More Definitions of Appropriate Pension

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.
Sample 1

Related to Appropriate Pension

  • war pension means a war disablement pension, a war widow’s pension or a war widower’s pension;

  • state pension credit means state pension credit under the State Pension Credit Act 2002;

  • qualifying age for state pension credit means (in accordance with section 1(2)(b) and (6) of the State Pension Credit Act 2002)—

  • Appropriate bargaining unit means the unit designated by the Employment Relations Board

  • Appropriate Unit means a unit of employee classes or positions, established pursuant to Article II hereof.

  • Multiemployer Pension Plan means a multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which Borrower or any member of the Controlled Group may have any liability.

  • Employee Pension Benefit Plan has the meaning set forth in ERISA Section 3(2).

  • occupational pension means any pension or other periodical payment under an occupational pension scheme but does not include any discretionary payment out of a fund established for relieving hardship in particular cases;

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Employee Pension Plan means any Employee Plan for the provision of retirement income to employees or which results in the deferral of income by employees extending to the termination of covered employment or beyond as defined in Section 3(2) of ERISA.

  • Actuarial equivalent means a benefit of equal value when

  • ERISA Affiliate Plan means each Employee Benefit Plan sponsored or maintained or required to be sponsored or maintained at any time by any ERISA Affiliate, or to which such ERISA Affiliate makes or has made, or has or has had an obligation to make, contributions at any time, or with respect to which such ERISA Affiliate has any liability or obligation.

  • Required Beginning Date means April 1 of the calendar year following the later of:

  • Multi-employer Plan means a multi-employer plan, as defined in Section 4001(a)(3) of ERISA to which the Borrower or any Subsidiary of the Borrower or any ERISA Affiliate is making or accruing an obligation to make contributions or has within any of the preceding five plan years made or accrued an obligation to make contributions.

  • war disablement pension means any retired pay or pension or allowance payable in respect of disablement under an instrument specified in section 639(2) of the Income Tax (Earnings and Pensions) Act 2003;

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • ERISA Plan means an employee benefit plan maintained for employees of any Person or any ERISA Affiliate of such Person subject to Title IV of ERISA (other than a Multiemployer Plan).

  • Canadian Defined Benefit Pension Plan means a Canadian Pension Plan that contains or has ever contained a “defined benefit provision” as such term is defined in Section 147.1(1) of the Income Tax Act (Canada).

  • Multiemployer Plan means a multiemployer plan as defined in Section 4001(a)(3) of ERISA.

  • Single Employer Plan any Plan which is covered by Title IV of ERISA, but which is not a Multiemployer Plan.

  • Regular benefits ’ means benefits payable to an individual under this act or under any other state law, including benefits payable to federal civilian employees and to ex-servicemen pursuant to 5 U.S.C. chapter 85, other than extended benefits.

  • Foreign Pension Plan means any plan, fund (including, without limitation, any superannuation fund) or other similar program established or maintained outside the United States of America by the Borrower or any one or more of its Subsidiaries primarily for the benefit of employees of the Borrower or such Subsidiaries residing outside the United States of America, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and which plan is not subject to ERISA or the Code.

  • Defined Benefit Plan Fraction means a fraction, the numerator of which is the projected annual benefit (determined as of the close of the relevant Plan Year) of the Participant under all Defined Benefit Plans maintained by one or more Related Companies, and the denominator of which is the lesser of (i) the product of 1.25 multiplied by the dollar limitation in effect under Section 415(b)(1)(A) of the Code for the Plan Year, or (ii) the product of 1.4 multiplied by the amount which may be taken into account under Section 415(b)(1)(B) of the Code with respect to the Participant for the Plan Year.

  • Free appropriate public education means special education and related services that are provided at public expense and under public supervision and direction, and without charge, meet the standards of the Department of Public Instruction, include an appropriate preschool, elementary or secondary school education; and are provided in conformity with an IEP.

  • Foreign Benefit Law means any applicable statute, law, ordinance, code, rule, regulation, order or decree of any foreign nation or any province, state, territory, protectorate or other political subdivision thereof regulating, relating to, or imposing liability or standards of conduct concerning, any Employee Benefit Plan.