EPF Plan definition

EPF Plan means a plan which allows a Customer (subject to the conditions as imposed by EPF) to invest in a Fund which is managed by a Manager approved by the EPF, by way of transfer of funds from the Customer’s EPF account.

Examples of EPF Plan in a sentence

  • The EPF Plan is a multi-employer plan consisting of approximately 120 participating companies, mainly affiliates of Sumitomo Corporation.

  • Benefits under the EPF Plan are based on years of service and the employee’s compensation during the five years before retirement.The assets of the EPF Plan are co-mingled and no assets are separately identifiable for any one participating company.

  • All redemption proceeds from your EPF Plan account will be credited to your EPF account) ONLINE CREDIT* Bank Account No. PAYABLE TOFirst Applicant Joint ApplicantBoth Applicants - Joint bank account requiredBank NameBank Branch OTHERS *All applicable bank charges are to be borne by investors.

  • Any shortfalls in plan funding are charged to participating companies on a ‘share-of-contribution’ basis through ’special contributions’ spread over a period of years determined by the EPF Plan as being appropriate.

  • JPC accounts for the EPF Plan in accordance with the provisions of SFAS No. 87, governing multi-employer plans.

Related to EPF Plan

  • Transition Plan means a transition plan, acceptable to the LHIN that indicates how the needs of the HSP’s clients will be met following the termination of this Agreement and how the transition of the clients to new service providers will be effected in a timely manner; and

  • Service Plan means the Operating Plan and Budget appended as Schedules A and D2a of Schedule D;

  • RBC plan means a comprehensive financial plan containing the elements specified in K.S.A. 40-2c06, and amendments thereto. If the commissioner rejects the RBC plan, and it is revised by the insurer, with or without the commissioner's recommendation, the plan shall be called the "revised RBC plan."

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • This Plan means, in a COB provision, the part of the contract providing the dental benefits to which the COB provision applies and which may be reduced because of the benefits of other Plans. Any other part of the contract providing dental benefits is separate from This Plan. A contract may apply one COB provision to certain benefits, such as dental benefits, coordinating only with similar benefits, and may apply another COB provision to coordinate other benefits.