Fixed Rate Revaluation definition
Fixed Rate Revaluation means the method of revaluing a GMP before State Pensionable Age described in Rule 6.1 (C) below.
Fixed Rate Revaluation means the revaluation of Earnings Factors in accordance with section 17(3) of the Pension Schemes Act and regulation 62 of the Contracting-out Regulations (revaluation at 6.25 per cent. compound);
Fixed Rate Revaluation means the method of revaluing a GMP before State Pensionable Age described in Rule 5.1 (B) below.
Examples of Fixed Rate Revaluation in a sentence
The Trustees may, however, decide, if the provisions of the transferring scheme so allow, to use Fixed Rate Revaluation from the date on which the Member ceased to be in Contracted-out Employment by reference to the transferring scheme until the Member attains State Pensionable Age (or dies, if earlier).
More Definitions of Fixed Rate Revaluation
Fixed Rate Revaluation means the method of revaluing a GMP before State Pensionable Age described in Rule 6.1(c) below;
Fixed Rate Revaluation means the method of revaluing a GMP before State Pension Age described in Rule 6.1(B) below.