Existing pension definition

Existing pension or 'Existing Family Pension means the basic pension (inclusive of commuted portion, if any) or basic family pension, as had been fixed at the time of implementation of 6th CPC recommendations, which an existing pensioner or family pensioner was entitled to.

Existing pension means a pension in payment as at the Implementation Date in respect of service with an Employing Authority or a deferred pension in respect of service with an Employing Authority.

Existing pension means the entitlement of basic pension inclusive of commuted portion, if any, as on 3lst December, 2005:

Examples of Existing pension in a sentence

• Existing pension obligations are not fully covered by plan assets.

• Existing pension obligations are not fully covered by plan assets.Currency, interest rate and price fluctuations may adversely affect the value of the plan assets.

• Existing pension obligations are not fully covered by plan assets.Currency, interest rate and fluctuations in securities prices may adversely affect the value of the plan assets.

• Existing pension Scheme in the private sector, etc.(3) All pension schemes existing before the commencement of this Act shall submit to the Commission a statement of affairs which shall include assets, liabilities, list of members, current statements, in the case of contributory scheme, and pensionable salary in the case of benefits scheme.

• Existing pension benefit statements use differing methods for dealing with this issue when projecting future income.

More Definitions of Existing pension

Existing pension means the basic pension / consolidated pension inclusive of commuted portion, if any, due on 31.12.2015.

Existing pension means the basic pension inclusive of commuted portion, if any, due on 31.12.2015. It covers all classes of Pension under West Bengal Services (Death‐cum‐ Retirement Benefit) Rules, 1971 or any other rules / orders mentioned in para 2 above, as issued by the State Government for the employees of this Government from time to time.

Existing pension means the basic pension inclusive of commuted portion, if any, due on 31.12.2005. It covers all classes of pension under State Pension Rules.

Existing pension means the basic pension including the commuted portion, if any, due on 31st December, 2015. It covers all classes of pension under the Odisha Civil Services (Pension) Rules, 1992.

Existing pension means the basic pension/consolidated pension inclusive of commuted portion, if any, due on 31.08.2006.

Existing pension means the basic pension inclusive of commuted portion, if any, but excluding dearness pension due on 31.12.2006. It covers all classes of pension under the Meghalaya Civil Services (Pension) Rules, 1983 as also under the adapted Assam Services (Extraordinary Pension) Rules, 1963.

Existing pension means the basic pension inclusive of commuted portion of pension, if any, due on 31.12.2015 and covers all kinds of pension viz. Retiring/Service/ Special/Reservist/Invalid Pension/ Service element of Disability / Liberalized Disability Pension/ War Injury Pension. This will also include Pension/Family Pension which became due with effect from 1.1.2016 consequent on retirement/discharge/ death of Defence Forces Personnel on 31.12.2015.