PEPP retirement benefits definition

PEPP retirement benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement. These benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;
Sample 1Sample 2Sample 3
PEPP retirement benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement in one of the forms referred to in Article 58(1);
Sample 1Sample 2Sample 3
PEPP retirement benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement in one of the forms mentioned in Article 52(1).
Sample 1Sample 2Sample 3

Examples of PEPP retirement benefits in a sentence

  • In particular, information concerning accrued pension entitlements, projected levels of PEPP retirement benefits, risks and guarantees, and costs should be given.

  • Where information is presented in an electronic format with layering of information, the first layer shall contain at least the summary risk indicator and the projected PEPP retirement benefits of four generic PEPP savers, whereas the nominal projected benefits may be provided in the additional layers of detail.

  • The details of PEPP retirement benefits in the section titled ‘What is this product?’ of the PEPP KID shall include in a general summary the key features of the PEPP contract.

  • It is the sole responsibility of the respondent to ensure that all documents submitted in paper copy are the same as those included on the USB flash drive.

  • In particular, information concerning accrued retirement entitlements, projected levels of PEPP retirement benefits, risks and guarantees, the integration of ESG factors and costs should be given.

  • Where projected levels of PEPP retirement benefits are based on economic scenarios, that information should also include a best-estimate scenario and an unfavourable scenario, which should be extreme but realistic.

  • Where projected levels of PEPP retirement benefits are based on economic scenarios, that information should also include an unfavourable scenario, which should be extreme but realistic.

  • In the section titled ‘What are the risks and what could I get in return?’ of the PEPP KID, the standardised performance scenarios, favourable, best estimate and unfavourable, shall be applied to the projected PEPP retirement benefits of four generic PEPP savers with 40, 30, 20 and 10 years until the end of the accumulation phase, based on a standardised contribution level.

  • PEPP beneficiary" means a person receiving PEPP retirement benefits; 15 Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (OJ L 173 12.6.2014, p.

Related to PEPP retirement benefits

  • Vested Benefits means amounts that are vested or that Executive is otherwise entitled to receive, without the performance by Executive of further services or the resolution of a contingency, under the terms of or in accordance with any investment and savings plan or retirement plan (including any plan providing retiree medical benefits) of the Company or its affiliates, and any ERPs or ESPs related thereto, and any deferred compensation or employee stock purchase plan or similar plan or program of the Company or its affiliates.

  • Normal Retirement Age means the Executive's 65th birthday.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.