Examples of Exporting Authority in a sentence
If the transfer value is less than the value of termination or retirement benefits to which the person is otherwise entitled on the date of termination under the provisions of the Exporting Plan, then the Exporting Authority treats the difference according to the provisions of the Exporting Plan.
Exporting Authority: The Pension Authority of the Exporting Plan.
Any person who, at the time the "Appendix B-Transfer Estimate and Acceptance Form" is sent, was making payments to the Exporting Authority in respect of past service, has 60 days to pay the outstanding amount to the Exporting Authority.
A person to whom subsection 12 (b) applies may elect to pay directly to the Importing Authority, in accordance with the terms of the Importing Plan, all or part of the difference between the amount transferred by the Exporting Authority and the amount required by the Importing Authority.
If the Exporting Authority has been informed that the pension of a person requesting a transfer could be subject to division upon marriage breakdown or an assignment of benefits under the Maintenance Enforcement Act, the transfer procedures will be delayed until settlement of these matters and the time frames provided in this agreement will be extended accordingly.
The amount determined in Section 6, which the Exporting Authority pays to the Importing Authority, is recognized firstly as the person's contributions plus interest as determined by the provisions of the Exporting Plan.
The Exporting Authority will make every effort to complete the payment within 60 days following receipt of the signed “Appendix B-Transfer Estimate and Acceptance Form".
The Importing Authority shall, within 60 days of receiving it from the Exporting Authority, send two copies of “Appendix B-Transfer Estimate and Acceptance Form” to the person requesting the transfer.
The Exporting Authority shall complete and send to the Importing Authority "Appendix C- Information Required For Tax Purposes".
The Exporting Authority shall complete “Appendix F-Details of Pension Credit Splitting Re: Marriage Breakdown/Other Assignment” and forward it to the Importing Authority at the same time as “Appendix B- Transfer Estimate and Acceptance Form”.