pension definition

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.
pension means any amount paid to an employee or former employee that is reported to the recipient on an IRS form 1099-R, or successor form. Pension does not include deferred compensation, or amounts attributable to nonqualified deferred compensation plans, reported as FICA/Medicare wages on an IRS form W-2, Wage and Tax Statement, or successor form.
pension means a pension or annual allowance paid under the Public Service Superannuation

Examples of pension in a sentence

  • Pension contributions will be paid on hours paid rather than hours worked.

  • Employer and remit the appropriate deductions from the individual Employee's pay and shall make contributions to the Canada Pension Plan and the Unemployment Insurance Commission as required by law.

  • Employer is not required to make Pension and Health contributions on behalf any who has been issued a work permit pursuant to Article Three of this Agreement provided that proof of payment to such Employee's applicable or Teamsters Pension and Health plan is provided to the Council.

  • The rights and benefits of such members are to be the same as those rights and benefits to which they are entitled under the Improved Contributory Pension Plan at December 1st, 1970 after giving effect to the 25% bonuses declared by the Company in 1970.

  • The Company agrees to execute such documents as may be required to affect such participation and shall complete such forms and provide such information as the trustees and administrator of the Pulp and Paper Industry Pension Plan require from time to time in the administration and operation of the plan.


More Definitions of pension

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. Former Public Servant in Receipt of a Pension As per the above definitions, is the Bidder a FPS in receipt of a pension? Yes ( ) No ( ) If so, the Bidder must provide the following information, for all FPSs in receipt of a pension, as applicable:
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,
pension means a periodic payment made in consideration of past services or by way of compensation for injuries received in the course of performance of services.
pension means, in the context of the fee abatement formula, 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,
pension means annual payments for life derived from contributions by one or more public
pension means payments for life derived from contributions
pension means a pension payable pursuant to the Public Service Superannuation Act, R.S., 1985, c. P-36 as indexed pursuant to the Supplementary Retirement Benefits Act, R.S., 1985, c. S-24.