Pension benefit credit definition

Pension benefit credit means the aggregate value at a particular time of that Annuitant’s pension benefit and other benefits provided under a pension plan, calculated in the manner prescribed by the Regulation;
Pension benefit credit means the aggregate value at a particular time of that ▇▇▇▇▇▇▇▇▇’s pension benefit and other benefits provided under a pension plan, calculated in the manner prescribed by the Regulation;
Pension benefit credit means the amount of the pension benefits and any other benefits provided under this Plan to which a member has become entitled as of a particular time.

Examples of Pension benefit credit in a sentence

  • The Pension benefit credit that was the object of the Transfer herein was not varied according to the sex of the Annuitant, unless otherwise indicated in writing to the Trustee.

  • The Pension benefit credit that was the object of the Transfer herein was not varied according to the sex of the Annuitant, unless otherwise indicated in writing to the Trustee in respect of pension benefits accrued before 1987.

  • Where a Pension benefit credit transferred into the Fund was not varied according to the sex of the Annuitant, a Life Annuity purchased by the funds accumulated in the Fund shall not differentiate as to sex.

  • Where a Pension benefit credit transferred into the Account was not varied according to the sex of the Annuitant, a Life Annuity purchased by the funds accumulated in the Account shall not differentiate as to sex.

  • Where a Pension benefit credit transferred into the Account was not varied according to the sex of the Annuitant, a Life Annuity purchased with the assets accumulated in the Account must not differentiate as to sex.


More Definitions of Pension benefit credit

Pension benefit credit means the aggregate value at the date of calculation of a person's pension benefits and other benefits under the Plan, calculated as prescribed under the PBSA or similar provincial legislation, as applicable, but which shall be not less than the sum of
Pension benefit credit. , in relation to any person, means the aggregate value at a particular time of that person’s pension benefit and other benefits provided under a pension plan, calculated under the terms of that plan; (droit à pension)
Pension benefit credit means a pension benefit credit as defined in The Pension Benefits Act; (« crédit de prestations de pension »)
Pension benefit credit means the aggregate value at the date of calculation of a person’s pension benefits and other benefits under the Plan, calculated as prescribed under the PBSA or similar provincial legislation;