Broad Participation Retirement Fund definition

Broad Participation Retirement Fund means a fund established to provide retirement, disability, or death benefits, or any combination thereof, to beneficiaries who are current or former employees (or persons nominated by such employees) of one or more employers in consideration for services rendered:
Sample 1Sample 2Sample 3
Broad Participation Retirement Fund means a fund established to provide retirement, disability or death benefits or any combination thereof, to beneficiaries that are current or former employees (or persons designated by such employees) of one or more employers in consideration for services rendered, provided that the fund-
Sample 1Sample 2Sample 3
Broad Participation Retirement Fund means a fund established to provide retirement, disability or death benefits, or any combination thereof, to beneficiaries that are current or former employees, or
Sample 1Sample 2

Examples of Broad Participation Retirement Fund in a sentence

  • Cayman Islands retirement and pension funds that meet the definitions of Broad Participation Retirement Fund or Narrow Participation Retirement Fund under the CRS Regulations will be Non-Reporting FIs under the CRS.For the purpose of the CRS Regulations, Cayman Islands retirement and pension funds are ‘subject to government regulation’ if they are registered with the Cayman Islands National Pensions Office.

  • A retirement fund that meets one of the following categories under the applicable IGA: Treaty-Qualified Retirement Fund, Broad Participation Retirement Fund, Narrow Participation Retirement Fund, Pension Fund of an Exempt Beneficial Owner, or Investment Entity Wholly Owned by Exempt Beneficial Owners.

  • Pension funds that meet the definitions of Broad Participation Retirement Fund or Narrow Participation Retirement Fund under Section VIII paragraph B will be Non-Reporting Financial Institutions under CRS.

  • The definitions of the terms used such as a Governmental entity, International Organisation, Central Bank, Treaty Qualified Retirement Fund, Broad Participation Retirement Fund etc.

  • Service Provider shall have no authority to act on behalf of, or legally bind the Client, and Service Provider shall not hold itself out as having any such authority.

  • Cayman Islands retirement and pension funds that meet the definitions of Broad Participation Retirement Fund or Narrow Participation Retirement Fund under Section VIII paragraph B of Schedule 1 to the CRS Regulations will be Non-Reporting Financial Institutions under the CRS.

  • Governmental Entity - Central Bank - Broad Participation Retirement Fund - Narrow Participation Retirement Fund - Pension Fund of Governmental Entity, International Organization, or Central Bank - Exempt Collective Investment Vehicle - Trustee - Documented Trust - Other (only check this box if the entity type is contained within your local jurisdiction legislation where you are resident): Please specify the entity's classification: Click here to enter text.

  • The pension fund is another type of Exempt Beneficial Owner like a Broad Participation Retirement Fund or Narrow Participation Retirement Fund as those terms are defined in the U.S. treasury regulations.

  • The following Entities shall be treated as Non‑Reporting Singaporean Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of theU.S. Internal Revenue Code.A. Broad Participation Retirement Fund.

  • Please specify the type below: Governmental Entity International Organisation Central Bank Broad Participation Retirement Fund Narrow Participation Retirement Fund Pension Fund of a Governmental Entity, International Organisation or Central Bank Exempt Collective Investment Vehicle Trustee Documented Trust Qualified Credit Card Issuer Other Entity defined under domestic law as low risk of being used to evade tax.

Related to Broad Participation Retirement Fund

  • 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.

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.