CAP 30 Pension Scheme definition

CAP 30 Pension Scheme means a pension scheme operated under the Pensions Ordinance, No. 42, Chapter 30 of 1950, for
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CAP 30 Pension Scheme means a pension scheme operated under the Pensions Ordinance,
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Examples of CAP 30 Pension Scheme in a sentence

  • On a cautionary note, although the conditions under the CAP 30 Pension Scheme are more relaxed than those of SSNIT, it must be emphasized that a worker who is dismissed from the Public Service loses all pension rights.

  • The current holders of the permit are one of that couple’s children, but they are no longer able or willing to live full time at the remote site of the Agriculture Residence.

  • Index to Memorandum and Articles of AssociationThe Companies Acts, 1862 to 1890 MEMORANDUM OF ASSOCIATIONofThe Equitable Life Assurance Society Name of the The name of the Society is The Equitable Life Assurance Society.Society.

  • These and many more have motivated the researcher to find out more about the problems of the CAP 30 Pension Scheme in Ghana.

  • The CAP 30 Pension Scheme was originally non-contributory and intended to be a reward from the Colonial Government to Civil Servants, after a minimum of ten years unblemished and loyal service, at the voluntary retirement age of forty five (45) years or on the attainment of the compulsory retirement age of fifty (50) years.

  • The scheme provides life benefits for pensioners and survivors and an allowance (ex-gratia) for qualified non-pensionable officers.The CAP 30 Pension Scheme was established as non-contributory with defined benefits but it later became a contributory scheme by constitutional amendments to some categories of workers who are required to contribute 5% of their pre-tax salary, which is recycled into the Consolidated Fund.

  • Unionization: This has made decisions on pension pressure driven, leaving little room for rationalization of the CAP 30 Pension Scheme.

Related to CAP 30 Pension Scheme

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Pension Plan means any “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by the Borrower or any ERISA Affiliate or to which the Borrower or any ERISA Affiliate contributes or has an obligation to contribute, or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five plan years.