Pension Benefits Standards Act definition

Pension Benefits Standards Act means the Pension Benefits Standards Act, Statutes of British Columbia and the Regulations thereunder, as amended or replaced from time to time.
Sample 1Sample 2Sample 3
Pension Benefits Standards Act means the Pension Benefits Standards Act, S.B.C. 2012, c.30, as amended;
Sample 1
Pension Benefits Standards Act means the Pension Benefits Standards Act, R.S.C. 1985, c.32 (2nd Supp.), and any amendments thereto or revisions thereof together with any regulations made thereunder from time to time.
Sample 1

Examples of Pension Benefits Standards Act in a sentence

  • The remittance shall be made in accordance with statutory regulations contained in Section 37 of the Pension Benefits Standards Act (RCBC 1991).

  • The pension plans use quarterly rebalancing in order to achieve the target allocations while complying with the constraints of the Pension Benefits Standards Act of British Columbia and the Income Tax Act.

  • The PSPP Board of Trustees was required to implement a contribution rate increase of 0.40% of salary each, for plan members and employers to meet the funding requirements of the Pension Benefits Standards Act.

  • A lock-in provision applies to $ of the amount we transferred from the RPP identified in Part B of Section I,under the Pension Benefits Standards Act or a provincial pension benefits act.

  • Employees will be provided with an annual statement of pension status as required by the Pension Benefits Standards Act.

  • The Company will deduct and remit these contributions in accordance with the Pension Benefits Standards Act, 1985.

  • Subsections 23(1.1) and 23(5) of the OSFI Act provide that assessments may be charged for the administration of the Pension Benefits Standards Act, 1985 (PBSA, 1985) and the Pooled Registered Pension Plans Act.

  • The Management and Confidential Plan, COPE Plan, and the BC Public Service Pension Plan are subject to the statutory requirements (including minimum funding requirements) of the British Columbia Pension Benefits Standards Act (PBSA) and the Income Tax Act (Canada).

  • Company contributions are based on gross wages of trusteed Plan members, and the Company will remit said contributions in accordance with the Pension Benefits Standards Act, 1985.

  • Casual employees, who become eligible subject to the terms and conditions of the Pension Benefits Standards Act, may participate in the Plan.


More Definitions of Pension Benefits Standards Act

Pension Benefits Standards Act means the Pension Benefits Standards Act of British Columbia or such other compara ble legislation as may have jurisdic tion over a member’s rights and/or obliga tions under this Plan, including regulations made under any such legislation,
Sample 1

Related to Pension Benefits Standards Act

  • Pension Benefits Act means The Pension Benefits Act of Ontario and regulations thereunder as amended from time to time.

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Foreign Benefit Law means any applicable statute, law, ordinance, code, rule, regulation, order or decree of any foreign nation or any province, state, territory, protectorate or other political subdivision thereof regulating, relating to, or imposing liability or standards of conduct concerning, any Employee Benefit Plan.

  • Fair Labor Standards Act means the Fair Labor Standards Act, 29 U.S.C. §201 et seq.

  • Employee Pension Benefit Plan has the meaning set forth in ERISA Section 3(2).

  • Group health benefit plan means any health care plan, subscription contract, evidence of

  • Health benefits plan means a benefits plan which pays or

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Actuarial Standards Board means the board established by the American Academy of Actuaries to develop and promulgate standards of actuarial practice.

  • ERISA means the Employee Retirement Income Security Act of 1974, as amended.

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • Employee Pension Plan means any Employee Plan for the provision of retirement income to employees or which results in the deferral of income by employees extending to the termination of covered employment or beyond as defined in Section 3(2) of ERISA.

  • Business Benefit Plan means each Benefit Plan that is contributed to, sponsored, maintained or entered into by Seller or a Retained Subsidiary, a Purchased Subsidiary or any Affiliate of any of them for the benefit of any Business Employee.

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m)(i).

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

  • Code Section 409A means Section 409A of the Code and all regulations issued thereunder and applicable guidance thereto.

  • Canadian Benefit Plan means any plan, fund, program, or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing material employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Borrower has any liability with respect to any employee or former employee, but excluding any Canadian Pension Plans.

  • Pension Plans The meaning specified in Section 4.1(v).

  • Foreign Benefit Arrangement means any employee benefit arrangement mandated by non-U.S. law that is maintained or contributed to by any Credit Party or any of its Subsidiaries.

  • Employment Practices Wrongful Act means any actual or alleged:

  • Foreign Benefit Event means, with respect to any Foreign Pension Plan, (a) the existence of unfunded liabilities in excess of the amount permitted under any applicable Law or in excess of the amount that would be permitted absent a waiver from applicable Governmental Authority or (b) the failure to make the required contributions or payments, under any applicable Law, on or before the due date for such contributions or payments.

  • Pension Plan means any “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by the Borrower or any ERISA Affiliate or to which the Borrower or any ERISA Affiliate contributes or has an obligation to contribute, or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five plan years.

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 3(1).