APPROVED RETIREMENT ANNUITY FUND definition

APPROVED RETIREMENT ANNUITY FUND means a retirement annuity fund approved as such by the REVENUE AUTHORITIES for the purposes of these RULES.
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APPROVED RETIREMENT ANNUITY FUND means a retirement annuity fund approved as such by the South African Revenue Service for the purposes of these Regulations;
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APPROVED RETIREMENT ANNUITY FUND means a retirement annuity fund approved as such by the REVENUE AUTHORITY.
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Examples of APPROVED RETIREMENT ANNUITY FUND in a sentence

  • APPROVED RETIREMENT ANNUITY FUND means a retirement annuity fund approved as such by the REVENUE AUTHORITIES.APPROVED RETIREMENT FUND means a pension fund or provident fund approved as such by the REVENUE AUTHORITIES, as the case may be.AUDITOR means the auditor appointed by the FUND.

  • APPROVED RETIREMENT ANNUITY FUND means a retirement annuity fund that has been registered in terms of the ACT and approved as such by the COMMISSIONER.*3 AUTHORITY means the Financial Sector Conduct Authority established in terms of section 56 of the Financial Sector Regulation Act.

  • Notwithstanding the provisions of this Rule 9.8, a DEFERRED PENSIONER may, on or after attaining NORMAL RETIREMENT AGE and prior to his or her RETIREMENT DATE and prior to having made an election to receive the benefit contemplated in this Rule 9.8.1.6, elect to transfer his or her MEMBER SHARE to an APPROVED RETIREMENT ANNUITY FUND or, provided that this is permitted in terms of the INCOME TAX ACT, to an APPROVED PENSION PRESERVATION FUND.

  • Subject to the requirements of the COMMISSIONER and the Income Tax Act, a MEMBER who withdraws has the following choices: 5.2.3.2.1 take his whole withdrawal benefit in cash; *2 5.2.3.2.2 transfer his whole withdrawal benefit to an APPROVED FUND or an APPROVED RETIREMENT ANNUITY FUND, or*2 5.2.3.2.3 take a portion of his withdrawal benefit in cash and transfer the balance to an APPROVED FUND or an APPROVED RETIREMENT ANNUITY FUND.

  • Notwithstanding the provisions of Rule 9.1, an ACTIVE MEMBER may, on or after his or her NORMAL RETIREMENT AGE, but prior to his or her RETIREMENT DATE, elect to transfer his or her retirement interest to an APPROVED RETIREMENT ANNUITY FUND or, provided that this is permitted in terms of the INCOME TAX ACT, to an APPROVED PENSION PRESERVATION FUND.

  • Subject to the requirements of the COMMISSIONER and the Income Tax Act, a MEMBER who withdraws has the following choices: 5.2.3.2.1 take his whole withdrawal benefit in cash;*2 5.2.3.2.2 transfer his whole withdrawal to an APPROVED FUND or an APPROVED RETIREMENT ANNUITY FUND, or*2 5.2.3.2.3 take a portion of his withdrawal benefit in cash and transfer the balance to an APPROVED FUND or an APPROVED RETIREMENT ANNUITY FUND.

  • The balance of his/her MEMBER SHARE will, depending on his/her choice, be transferred to an APPROVED RETIREMENT FUND or an APPROVED RETIREMENT ANNUITY FUND or a PRESERVATION FUND in terms of RULE8.2. 7.2(4) Full payment in cash If a MEMBER so elects, his/her MEMBER SHARE will be paid to him/her in cash.

  • Subject to the requirements of the COMMISSIONER and the Income Tax Act, a MEMBER who withdraws has the following choices: 5.2.3.2.1 take his whole withdrawal benefit in cash; 5.2.3.2.2 transfer his whole withdrawal benefit to an APPROVED PENSION FUND, APPROVED PENSION PRESERVATION FUND or APPROVED RETIREMENT ANNUITY FUND, or5.2.2.2.3 take a portion of his withdrawal benefit in cash and transfer the balance to an APPROVED PENSIONFUND, APPROVED PENSION PRESERVATION FUND or APPROVED RETIREMENT ANNUITY FUND.

  • No material adverse change shall have occurred in the financial condition or business operations of Borrower.

  • A non-member spouse as defined in the ACT who is entitled to a portion of a MEMBER’S benefit or pension interest in terms of a DIVORCE ORDER that has to be deducted from the MEMBER’S benefit, can choose to have that portion of the MEMBER’S benefit transferred for his benefit to an APPROVED PENSION FUND, APPROVED PENSION PRESERVATION FUND or APPROVED RETIREMENT ANNUITY FUND.


More Definitions of APPROVED RETIREMENT ANNUITY FUND

APPROVED RETIREMENT ANNUITY FUND means a “retirement annuity fund” as defined in the INCOME TAX ACT;
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APPROVED RETIREMENT ANNUITY FUND means a retirement annuity fund registered by the Registration
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APPROVED RETIREMENT ANNUITY FUND means a fund approved as such by the Commissioner of the South African Revenue Services;
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APPROVED RETIREMENT ANNUITY FUND means a retirement annuity fund approved by the REVENUE AUTHORITIES and registered under the provisions of the ACT.
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Related to APPROVED RETIREMENT ANNUITY FUND

  • Approved Retirement means any voluntary termination of employment that occurs on or after the date on which the sum of your age and years of employment with Deluxe and/or its Affiliates equals at least seventy-five (75) and that is approved by the Compensation Committee of the Board.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Retirement fund means the "Washington law enforcement

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Qualified Retirement means a retirement from Service by the Executive in which, at the time of such retirement, the sum of the Executive’s age and aggregate 12-month completed periods of Service (whether or not such completed 12-month periods are consecutive), in each case without giving credit for any partial years, equals or exceeds 75.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

  • Normal Retirement Benefit means an annual benefit equal to One Hundred Fifty Thousand Dollars and No/100 ($150,000.00) per year, payable in accordance with the terms of this Agreement. Beginning on the thirteenth month that the Normal Retirement Benefit is paid, and continuing thereafter until paid in full, the Normal Retirement Benefit shall be increased annually by three percent (3%) from the previous year’s Normal Retirement Benefit amount to account for cost of living increases.

  • Disability retirement for plan 1 members, means the period

  • Qualified Preretirement Survivor Annuity means an annuity which is payable for the life of the Participant's surviving spouse.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Eligible Retirement Plan means an individual retirement account described in Section 408(a) of the Code, an individual retirement annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in Section 401(a) of the Code, that accepts the Distributee's Eligible Rollover Distribution. However, in the case of an Eligible Rollover Distribution to the surviving Spouse, an Eligible Retirement Plan is an individual retirement account or individual retirement annuity.

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

  • life annuity means an annuity payable under a policy issued to an SRS member for a term ending with, or at a time ascertainable only by reference to, the end of his life;

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.