Pension payment means a pension, retirement, annuity, or other similar payment made to a claimant, based on the pre- vious work of that claimant, whether or not payable on a periodic basis, from a governmental or other retirement system maintained or contributed to by an employer from which that claimant has base period wages, other than a payment received under the fed- eral Social Security Act (42 USC 301 et seq.) that is based in whole or in part upon taxes paid by the claimant.
Pension payment means a payment of up to £5,000,000 (or its equivalent) as set out in the Base Case Model.
Pension payment means a pension, retirement, annuity or other similar payment made to a claimant, based on the pre- vious work of that claimant, whether or not payable on a periodic basis, from a governmental or other retirement system maintained or contributed to by an employer from which that claimant has base period wages.
Examples of Pension payment in a sentence
Subject to the maximum limit, you can increase, reduce and/or ask us for an extra one-off capped Drawdown Pension payment.
To qualify for a Commuted Value Pension payment, the Teacher shall provide a written resignation letter for the purpose of retirement, by November 30 to be effective December 31, and by April 30 if the Teacher intends to retire effective June 30.
All Pension payments shall become due and payable on the last day of each calendar month, provided the initial Pension payment shall be computed as the pro rata of the amount of Pension corresponding to the fraction of the month elapsed since the effective date of retirement.
A single sum payment in an actuarial equivalent amount may be made in lieu of monthly payments if the amount of each monthly Pension payment would be less than twenty dollars ($20).
Pension payment is calculated in accordance with the years of service and the average salary six months prior to the authorized retirement date.
More Definitions of Pension payment
Pension payment means the pension payment of £1,392,000 to be made immediately before Completion such payment representing a settlement as calculated by reference to the funding deficit in the Live Nation Pension Scheme as measured on an ongoing basis as at 1 April 2009 with such payment having been made by the Target to the trustees of the Live Nation Pension Scheme using funds provided to the Target by the Seller’s Group recognising that less than 10% of the members of the Live Nation Pension Scheme are current employees of the Target and that the majority of members of the Live Nation Pension Scheme are not (or as the case may be were not) employed at any of the Properties and instead provide or provided (as the case may be) their services in respect of other venues either owned or managed or formerly owned or managed by either the Target or the Seller’s Group.
Pension payment means the pension payment of £1,392,000 to be made immediately before Completion such payment representing a settlement as calculated by reference to the funding deficit in the Live Nation Pension Scheme as measured on an ongoing basis with such payment having been made into the Live Nation Pension Scheme in recognition that less than 10% of the current members in the Live Nation Pension Scheme are themselves current employees of the Target and that the majority of members of the Live Nation Pension Scheme are not (or as the case may be were not) employed at any of the Properties and instead provide or provided (as the case may be) their services in respect of other venues either owned or managed or formerly owned or managed by either the Target or the Seller’s Group.
Pension payment means an employer contribution to the UK DB Plan, whether paid in one lump sum or in a series of instalments, to provide mitigation for any perceived detriment caused to the UK DB Plan by the Transaction other than any ordinary course deficit reduction payment made under the schedule of contributions agreed under section 227 of the Pensions Xxx 0000;
Pension payment means the amount, if any, for which Sandwich or its successor is or would be liable to the Co-operative Banks Employees Retirement Association in connection with the cessation of Sandwich's participation in said Association's pension plan and its complete withdrawal from said pension plan.
Pension payment means a governmental or other pension, retirement or retired pay, annuity, or other simi- lar payment made to a claimant, based on the previous work of a claimant that claimant, whether or not payable on a periodic basis, from a governmental or other retire- ment system maintained or contributed to by one or more employing units, whether or not payable on a periodic basis an employer from which that claimant has base period wages.
Pension payment means the payment to the trustee of the Global Marine Systems Pension Plan in the amount of Twenty- Four Million, Four Hundred Thousand Pounds Sterling (£24,400,000).
Pension payment means the Xxxx Xxxxx pension liability payable to UNITE HERE National Retirement Fund in the aggregate amount of $256,000.