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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

  • From such half -salary shall be deducted monthly the regular deductions for the Teachers' Pension Fund and other deductions authorized by the teacher.

  • Pension Except as provided in Section 6B.6, in the case of a Participant in the General Church Plan who shall fail to make Required Contributions on or after January 1, 1996, such a Participant’s accrued pension credits as of the date on which such Participant shall fail to make such Required Contributions shall be frozen as of such date, and the General Church Plan 403(b) Offset in the case of such a Participant shall also be determined as of such date.

  • This Article shall not apply to a Participant receiving a Pension for disability as provided under Sections 5.6 and 5.7, nor shall this Article apply in the event that a Participant has elected the Early Retirement Pension described in Section 5.8. The provisions of this Article shall apply only to Participants who retire on or after January 1, 1983.

  • Solely with respect to those Participants, widows, and widowers receiving a Pension as of November 1, 1993 (collectively, “retirees”), an additional Pension amount equal to one month’s Pension of such retirees (in the amount payable for November, 1993) shall be paid to such retirees prior to November 30, 1993.

  • An election by a widow or widower to receive a reduced Pension prior to attainment of age 62 may not be validly revoked except within 30 days after NBUSA’s notice to the widow or widower of NBUSA’s determination of the amount of the reduced Pension payable to such widow or widower.


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.