Examples of Connected Scheme in a sentence
The transfer of any Employee from one to another of the Employers shall not be construed as a termination of his Service; and (b) any period which counts in respect of any Associated Employment or any Connected Scheme.
A Member are further restricted to ensure that his total retirement benefit from this scheme and from any Associated Scheme or Connected Scheme does not exceed a pension of 1/30th of the Permitted Maximum for each year of service, subject to a maximum of 20/30ths.
Notwithstanding any other provision of the Trust Deed or the Rules, the benefits of Pension Debit Member are subject to the following additional limits subject to compliance with Social Security legislation: (a) The pension payable to the Member shall not exceed his Aggregate Retirement Benefit less the value of his Negative Deferred Pension in the Scheme, in any Associated Scheme and, in the case of a 1989 Member, in any Connected Scheme.
In relation to a Special Director who is a Class A Member, periods of Service with Employers who are treated as associated by virtue of a permanent community of interest, but who are not associated within the meaning set out in the definition of Connected Scheme in 1.2 above, shall not be aggregated for the purposes of the limits specified in this Appendix.
For the purpose of this limit, service is the aggregate of Service and any period of service which gives rise to benefits under a Connected Scheme provided that no period is to be counted more than once.