New Zealand Superannuation Fund definition

New Zealand Superannuation Fund means the Guardians of New Zealand Superannuation, as manager and administrator of the New Zealand Superannuation Fund.
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Examples of New Zealand Superannuation Fund in a sentence

  • Home ownership and other voluntary savings also assist preparation for retirement.New Zealand Superannuation40New Zealand Superannuation (NZS) is a universal, taxable, basic income paid out of current taxation (with some limited pre-funding in the New Zealand Superannuation Fund).

  • His solution, to at least some of these potential future problems, was to establish the New Zealand Superannuation Fund (NZSF).Such was his role and influence in driving forward the Fund1, from initial idea to afunctioning, large financial institution, that the NZSF was often referred to (and sometimes still is) as the “Cullen Fund” (NZ Super Fund, 2020a).

  • Sir Michael was responsible for setting up KiwiSaver and establishing the New Zealand Superannuation Fund.

  • The core activity of the Guardians is to manage and administer the New Zealand Superannuation Fund (“the Fund”).

  • Superannuation is a universal, flat-rate, public pension funded largely on a “pay-as- you-go” basis from general taxation, with partial pre-funding to be provided by the New Zealand Superannuation Fund from 2025.

  • Kiwi Wealth Management Limited is a wholly owned subsidiary of Kiwi Group Holdings Limited (which in turn is owned by New Zealand Post Limited, Guardians of the New Zealand Superannuation Fund and the Accident Compensation Corporation).

  • This Statement of Investment Policies, Standards and Procedures (Statement) establishes the framework set by the Guardians of New Zealand Superannuation (Guardians) for the governance and investment of the New Zealand Superannuation Fund (Fund) by providing a clear statement of the investment policies, standards and procedures that must be adhered to in investing the Fund.

  • The New Zealand Superannuation Fund has also excluded investments in certain companies owing to their nuclear weapons involvement.

  • These transactions are not considered to be related party transactions In a joint initiative, the Authority and the Guardians of the New Zealand Superannuation Fund have appointed specialist screening organisations to assist with the implementation of policies, standards and procedures for avoiding prejudice to New Zealand’s reputation as a responsible member of the world community.

  • The New Zealand Superannuation Fund (NZ$ 34.5 billion) has a policy to exclude tobacco manufacturers.

Related to New Zealand Superannuation Fund

  • Superannuation Fund means the Local Government Superannuation Scheme.

  • Superannuation Legislation means the Federal legislation as varied from time to time, governing the superannuation rights and obligations of the parties, which includes the Superannuation Guarantee (Administration) Act 1992, the Superannuation Guarantee Charge Act 1992, the Superannuation Industry (Supervision) Act 1993 and the Superannuation (Resolution of Complaints) Act 1993.

  • Superannuation Scheme in this subclause, shall mean a scheme other than one implemented solely for purposes of compliance with Clause 49. - Superannuation of this award, or an Order of the Western Australian Industrial Relations Commission.

  • Approved Occupational Superannuation Fund means a superannuation fund which complies with the Occupational Superannuation Standards Act, 1987.

  • superannuation benefit means a pension, gratuity or other allowance payable on resignation, retirement or death;

  • superannuation benefits means pensions, gratuities and other allowances payable on resignation, retirement or death;

  • Pension Fund means any person that: (i) is organized under the laws of a Contracting State; (ii) is established and maintained in that Contracting State primarily to administer or provide pensions or other similar remuneration, including social security payments; and (iii) is exempt from tax in that Contracting State with respect to the activities described in clause (ii).

  • Pension Funding Rules means the rules of the Code and ERISA regarding minimum required contributions (including any installment payment thereof) to Pension Plans and set forth in, with respect to plan years ending prior to the effective date of the Pension Act, Section 412 of the Code and Section 302 of ERISA, each as in effect prior to the Pension Act and, thereafter, Section 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA.

  • UK GDPR means the GDPR, as transposed into United Kingdom national law by operation of section 3 of the European Union (Withdrawal) Act 2018 and as amended by the Data Protection, Privacy and Electronic Communications (Amendments etc.) (EU Exit) Regulations 2019.

  • 401(k) Plan has the meaning set forth in Section 6.10.

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • the United Kingdom means Great Britain and Northern Ireland;

  • Pension program means the defined benefit pension program of the Oregon Public Service

  • South Africa means the Republic of South Africa;

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Singapore means the Republic of Singapore and, when used in a geographical sense, includes its land territory, internal waters and territorial sea, as well as any maritime area situated beyond the territorial sea which has been or might in the future be designated under its national law, in accordance with international law, as an area within which Singapore may exercise sovereign rights or jurisdiction with regards to the sea, the sea-bed, the subsoil and the natural resources;

  • Alternative education program means a school or separate class group designed to best serve students’ educational needs and interests and assist students in achieving the academic standards of the district and the state.

  • 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.

  • Participating Financial Institution means a financial institution participating in Interac e-Transfer Services, Online Payment Services, or Western Union Services, as the case may be.

  • Union harmonisation legislation means any Union legislation harmonising the conditions for the marketing of products;

  • the Gazette means the Belize Government Gazette and includes any supplement thereto;

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • UK means the United Kingdom of Great Britain and Northern Ireland.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • International Employee Plan means each Company Employee Plan that has been adopted or maintained by the Company or any Affiliate, whether informally or formally, or with respect to which the Company or any Affiliate will or may have any liability, for the benefit of Employees who perform services outside the United States;

  • Europe means the European Union, the European Economic Area and/or their member states, Switzerland and the United Kingdom.