Approved Benefit Arrangement definition

Approved Benefit Arrangement means a fund or benefit arrangement other than the Fund, including another superannuation fund, an approved deposit fund, an eligible rollover fund or an annuity arrangement, to or from which benefits may be transferred in compliance with Relevant Law.
Approved Benefit Arrangement means a fund or benefit arrangement, other than the Fund (including without limitation another superannuation fund, an approved deposit fund, an eligible rollover fund and a deferred annuity), to which money or property may be paid or transferred from the Fund, or from which a payment may be received into the Fund, without causing the Fund to be in breach of or to fail to comply with any applicable requirement under the Relevant Requirements;
Approved Benefit Arrangement means a fund or benefit arrangement, other than the Fund, to which a payment or transfer may be made from the Fund, or from which a payment or transfer may be accepted into the Fund, in accordance with the Relevant Law.

Examples of Approved Benefit Arrangement in a sentence

  • The Trustee will transfer Members of the Section in relation to whom a Benefit is not yet payable or is required by the Relevant Requirements to be preserved to an Approved Benefit Arrangement or to Part A of the Fund, along with the value of the Members’ interest in Part B of the Fund (if any) as determined by the Trustee after obtaining advice from the Actuary.

  • If a member with a Deferred Benefit is more than 55 years of age, that member may elect to transfer that Deferred Benefit to the Health Super Accumulation Division or to an Approved Benefit Arrangement.

  • Such a person referred to in this Rule 30.8 shall be deemed to have irrevocably appointed the Trustee as attorney for the purposes of securing participation in an Approved Benefit Arrangement and the Trustee may act in the name of the person for such purpose.

  • Daarmee is de ondermijning van de onbetwistbare autoriteit van de religieuze elite mogelijk (Mahmood, 2005: 53-70, 79; Eickelman, 1992).

  • The Trustee may roll over, transfer or allot a Contributions-Splitting Superannuation Benefit to another Approved Benefit Arrangement or to a Spouse Member Account, in accordance with the Relevant Law.

  • Subject to any conditions that the Trustee imposes, if a Part A Member becomes or is eligible to become a participant in an Approved Benefit Arrangement the Trustee, at the request of that person, may pay or transfer to the trustees or other person responsible for the Approved Benefit Arrangement the Member's Retirement Credit (the "Transferred Amount") as determined by the Trustee.

  • If a Benefit which has become payable under this Deed is required by the Relevant Requirements to be preserved, the Member entitled to the Benefit may apply to the Trustee to have the preserved amount of the Benefit transferred to an Approved Benefit Arrangement approved by or under the Law for the receipt of preserved Benefits.

  • The Trustee may transfer the whole or part of any amount held in the Fund in respect of a Beneficiary to an Approved Benefit Arrangement.

  • If a member with a Deferred Accrued Retirement Benefit is more than 55 years of age, that member may elect to transfer that Deferred Accrued Retirement Benefit to the Health Super Accumulation Division or to an Approved Benefit Arrangement.

  • Subject to this Deed, the Trustee must transfer that amount to that Approved Benefit Arrangement.


More Definitions of Approved Benefit Arrangement

Approved Benefit Arrangement means a fund or benefit arrangement other than the Fund (including without limitation a superannuation fund, an approved deposit fund, a deferred annuity and an eligible rollover fund), being a fund or benefit arrangement to which money or property may be paid or transferred from the Fund, or from which money or property may be received into the Fund, without causing the Fund to cease to be a complying superannuation fund in terms of Part IX of the Tax Act.
Approved Benefit Arrangement means a fund or benefit arrangement including without limitation another Complying Superannuation Fund, Retirement Savings Account and an annuity arrangement into which or from which assets can be transferred into or from the Fund or PST as the case may be, without causing the Fund or PST to be in breach of or to fail to comply with the Relevant Law;
Approved Benefit Arrangement means a fund or benefit arrangement other than the Fund including without limitation another Complying Superannuation Fund, an Approved Deposit Fund, Retirement Savings Account and an Annuity arrangement into which or from which assets can be transferred into or from the Fund without causing the Fund to be in breach of or to fail to comply with the Relevant Law and includes an Eligible Rollover Fund;
Approved Benefit Arrangement means a fund or benefit arrangement other than the Fund including without limitation another complying Superannuation Fund, a Retirement Savings Account, an Eligible Rollover Fund, an Approved Deposit Fund and an Annuity
Approved Benefit Arrangement means a fund or benefit arrangement, other than the Fund, including without limitation another superannuation fund, an approved deposit fund the Superannuation Holding Accounts Reserve created by the Small Superannuation Accounts Act 1995, a retirement savings account and a deferred or immediate annuity to which a payment may be made from the Fund, or from which a payment may be accepted into the Fund, without causing the Fund to be in breach of or to fail to comply with any applicable requirement under the Act.7

Related to Approved Benefit Arrangement

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

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

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • Employee Plan means an employee benefit plan within the meaning of Section 3(3) of ERISA (other than a Multiemployer Plan), regardless of whether subject to ERISA, that any Loan Party or any of its ERISA Affiliates maintains, sponsors or contributes to or is obligated to contribute to.

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Company Plan means any Benefit Plan: (i) under which any current or former director, officer, employee, consultant or independent contractor of the Company has any present or future right to benefits and that is maintained, sponsored or contributed to by the Company; or (ii) with respect to which the Company has any Liability.

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Canadian Benefit Plan means any plan, fund, program, or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing material employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Borrower has any liability with respect to any employee or former employee, but excluding any Canadian Pension Plans.

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Defined Benefit Plan means each Benefit Plan which is subject to Part 3 of Title I of ERISA, Section 412 of the Code or Title IV of ERISA.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Seller Benefit Plan means each Employee Benefit Plan that is sponsored, maintained or contributed to or required to be contributed to by Seller or any of its Affiliates, or with respect to which Seller or any of its Affiliates may have any Liability, and in which one or more Business Employees participates.

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

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