Defined Benefit Pension Schemes definition

Defined Benefit Pension Schemes means the Global Marine Systems Pension Plan, the Global Marine Systems (Guernsey) Pension Plan and the MNOPF.
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Defined Benefit Pension Schemes means the ABC Cinemas Limited Pension Scheme, the Optima 2 Pension Scheme and the UCI Ireland Scheme;
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Defined Benefit Pension Schemes means: (a) the Western Power Distribution Group of the Electricity Supply Pension Scheme; (b) the Central Networks Group of the Electricity Supply Pension Scheme; (c) the Western Power Utilities Pension Scheme; and (d) the following sections of the Western Power Pension Scheme: (i) the I92 Section; (ii) the 1993 Section; and (iii) the MEPS 2020 Section; "Demand Loan" means the demand loan of up to $125 million between WPD plc (as borrower) and PPL Capital Funding Inc. (as lender) dated 1 April 2015 contained in the Data Room (document 4.1.2.32); "Disclosed" means any fact, matter, event or circumstance which is fairly disclosed in such manner and with sufficient details that a professionally advised buyer would reasonably be expected to be aware of that fact, matter, event or circumstance being disclosed and its scope; "Disclosure Letter" means the letter dated the same date as this agreement together with the attachments thereto addressed by the Seller to the Buyer disclosing exceptions to the Seller Warranties; "Distribution Licences" means, in relation to each of the DNOs, the electricity distribution licence that has come into effect in relation to it pursuant to section 6(1)(c) of the Electricity Xxx 0000; "Distribution System" means the electricity distribution system managed and operated by a DNO pursuant to the terms of its Distribution Licence; "DNOs" means the four distribution network operators in the Group, namely:
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Examples of Defined Benefit Pension Schemes in a sentence

  • The Liability relating to Defined Benefit Pension Schemes decreased from £71.709m at 31 March 2017 to £68.025m at 31 March 2018.

  • This cost is shown as a cost in the Movement in Reserves Statement in Note 9 and also in the Defined Benefit Pension Schemes Note 43.

  • These amounts were then reflected in the pension reserve in the years to which they related.For further details see Note 41 Defined Benefit Pension Schemes.

  • The presentation of Note 10 (Unusable Reserves), Note 11 (Cash Flow Statement – Operating Activities), Note 15 (Grant Income), Note 18 (Defined Benefit Pension Schemes) has also been amended.

  • Note 20: Creditors – Defined Benefit Pension Schemes Net Liability 95 9.21.

  • During the prior year the Origin UK Defined Benefit Pension Schemes were merged into one scheme with assets and liabilities transferred to a new single Defined Benefit Scheme.

  • Further sensitive changes are reported in Note 47 Defined Benefit Pension Schemes under ‘Basis for Estimating Assets and Liabilities’.Collection Fund ArrearsAt 31 March 2023, the Council has a balance of Council Tax and NNDR for £45.3m.

  • Other Employees and Members – Defined Benefit Pension Schemes: As part of the terms and conditions of employment of its officers, the Council makes contributions towards the cost of post- employment benefits.

  • The Defined Benefit Pension Schemes (note 42) was amended to reflect the adjustment for the McCloud ruling and GMP equalisation.

  • A Sensitivity Analysis showing the effects of changes in individual assumptions is shown in Note 43 Defined Benefit Pension Schemes on page 86.Bad DebtsThe Council has an allowance for estimated Bad Debts (impairment allowance) which covers all major sources ofincome and expenditure (see note 26 to the accounts).

Related to Defined Benefit Pension Schemes

  • Canadian Defined Benefit Pension Plan means a Canadian Pension Plan that contains or has ever contained a “defined benefit provision” as such term is defined in Section 147.1(1) of the Income Tax Act (Canada).

  • Defined Benefit Plan means either a plan described in Section 3(35) of ERISA or a plan subject to the minimum funding standards set forth in Section 302 of ERISA and Section 412 of the Code.

  • Defined Benefit Fraction means a fraction, the numerator of which is the sum of the participant's projected annual benefits (as defined in Section 23.5.11) under all the defined benefit plans (whether or not terminated) maintained by the Employer, and the denominator of which is the lesser of 125% of the dollar limitation determined for the limitation year under Sections 415(b) and (d) of the Code or 140% of the highest average compensation (as defined in Section 23.5.8), including any adjustments under Section 415(b) of the Code. Notwithstanding the above, if the participant was a participant as of the first day of the first

  • Defined Benefit Plan Fraction means a fraction, the numerator of which is the projected annual benefit (determined as of the close of the relevant Plan Year) of the Participant under all Defined Benefit Plans maintained by one or more Related Companies, and the denominator of which is the lesser of (i) the product of 1.25 multiplied by the dollar limitation in effect under Section 415(b)(1)(A) of the Code for the Plan Year, or (ii) the product of 1.4 multiplied by the amount which may be taken into account under Section 415(b)(1)(B) of the Code with respect to the Participant for the Plan Year.

  • personal pension scheme means a personal pension scheme which--

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

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

  • Pension Schemes means the Nord Anglia Joint Pension Scheme, the Wyburn School Limited Pension Life Assurance Scheme (1985) and the Lifetime Pension Scheme, and “Pension Scheme” means any one of them.

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

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

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

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

  • 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.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Parent Benefit Plan means an Employee Benefit Plan sponsored, maintained, or contributed to (or required to be contributed to) by Parent or any of its Subsidiaries, or under or with respect to which Parent or any of its Subsidiaries has any current or contingent liability or obligation.

  • Canadian Defined Benefit Plan means a Canadian Pension Plan, which contains a “defined benefit provision,” as defined in subsection 147.1(1) of the ITA.

  • Business Benefit Plan means each Benefit Plan that is contributed to, sponsored, maintained or entered into by Seller or a Retained Subsidiary, a Purchased Subsidiary or any Affiliate of any of them for the benefit of any Business Employee.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • 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.

  • pension means a pension or annual allowance paid under the Public Service Superannuation Act (PSSA), R.S., 1985, c. P-36, and any increases paid pursuant to the Supplementary Retirement Benefits Act, R.S., 1985, c. S-24 as it affects the PSSA. It does not include pensions payable pursuant to the Canadian Forces Superannuation Act, R.S., 1985, c. C-17, the Defence Services Pension Continuation Act, 1970, c. D-3, the Royal Canadian Mounted Police Pension Continuation Act , 1970, c. R-10, and the Royal Canadian Mounted Police Superannuation Act, R.S., 1985, c. R-11, the Members of Parliament Retiring Allowances Act, R.S. 1985, c. M-5, and that portion of pension payable to the Canada Pension Plan Act, R.S., 1985, c. C-8.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

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

  • Medical Benefits Schedule means the Medicare Schedule of Benefits produced by the Department of Health to which all fees and benefits relate for inpatient hospital services.