Retirement Benefit Scheme definition

Retirement Benefit Scheme means a retirement benefits scheme within the meaning given to that term in Section 611 of the Taxes Act;
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Retirement Benefit Scheme means any pension scheme or other arrangement providing benefits which would be Relevant Benefits if they were provided by such a scheme or arrangement within the United Kingdom.
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Retirement Benefit Scheme means an arrangement that an individual
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Examples of Retirement Benefit Scheme in a sentence

  • Under arrangements to provide David Finch with supplementary benefits in respect of earnings above the statutory earnings cap for the year ended 31 March 2004, £83,125 (2003: £77,815, 2002: £43,167) was paid to a defined contribution Funded Unapproved Retirement Benefit Scheme (FURBS) and £45,521 (2003: £42,646, 2002: £26,833) was paid as a cash supplement.In the year ended 31 March 2004, David McGlade and Kent Thexton received a cash allowance of £74,500 and £66,000 respectively equating to 20 per cent.

  • For the avoidance of doubt, Newco and its Subsidiaries shall not continue participation in the Reuters Pension Fund, Reuters Unapproved Life Assurance Scheme or Reuters Unfunded Unapproved Retirement Benefit Scheme on or after the Closing Date.

  • Where such limitation was due to the Inland Revenue earnings cap the Signet Group Funded Unapproved Retirement Benefit Scheme (the “FURBS”) was, until April 2006 used to supplement pension benefits.

  • Where such limitation was due to the Inland Revenue earnings cap the Signet Group Funded Unapproved Retirement Benefit Scheme (the “FURBS”) was, until April 2006, used to supplement pension benefits.

  • As the May payroll has already been processed, salary in respect of the whole of May 2003 together with the contribution for your Funded Unapproved Retirement Benefit Scheme for May 2003 will be paid to you through the payroll in the normal way.

  • Hong Kong 12 March 2013 The Board of Directors HSBC Holdings plc Dear Sirs, I, Wing Lui, consent to be named as valuation actuary of the HSBC Group Hong Kong Local Staff Retirement Benefit Scheme in the Annual Report on Form 20-F for the year ended December 31, 2012 of HSBC Holdings plc and to the incorporation by reference of references to us in the registration statements (nos.

  • Where such limitation was due to the Inland Revenue earnings cap the Signet Group Funded Unapproved Retirement Benefit Scheme (the “FURBS”) was, until April 2006 used to supplement 42 Signet Group plc Annual Review and Summary Financial Statement year ended 2 February 2008 Back to Contentspension benefits.

  • The element of contributions in excess of Inland Revenue rules is paid into a Funded Unapproved Retirement Benefit Scheme for the benefit of each individual.

  • Pension: Your accounts in the Hilton UK Pension Plan and the Hilton UK Hotels Ltd Employer-Financed Retirement Benefit Scheme (HUKHERBS/Supplemental Plan) will be paid in accordance with the terms and conditions of the applicable plan.

  • Hong Kong 16 July 2014 The Board of Directors HSBC Holdings plc Dear Sirs, I, Wing Lui, hereby consent to be named as valuation actuary of the HSBC Group Hong Kong Local Staff Retirement Benefit Scheme in the Annual Report on Form 20-F for the year ended December 31, 2013 of HSBC Holdings plc (the “Company”) and incorporated by reference in the Post-effective Amendment No. 2 to the Company’s Registration Statement on Form F-3 (File No. 333-180288) to be filed on or about August 1, 2014.


More Definitions of Retirement Benefit Scheme

Retirement Benefit Scheme means a retirement benefit scheme as defined in Section 611(1) of the Act.
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Retirement Benefit Scheme means a scheme of a company, framed in accordance with these regulations, dealing in shares of the company or the shares of its listed holding company, for providing retirement benefits to the employees subject to compliance with existing rules and regulations as applicable under laws relevant to retirement benefits in India.
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Related to Retirement Benefit Scheme

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Retirement Benefit means the benefit set forth in Article 5.

  • Normal Retirement Benefit means an annual benefit equal to One Hundred Fifty Thousand Dollars and No/100 ($150,000.00) per year, payable in accordance with the terms of this Agreement. Beginning on the thirteenth month that the Normal Retirement Benefit is paid, and continuing thereafter until paid in full, the Normal Retirement Benefit shall be increased annually by three percent (3%) from the previous year’s Normal Retirement Benefit amount to account for cost of living increases.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Retirement Age means the earlier to occur of:

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Disability Benefit means the benefit set forth in Article 8.

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

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

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

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

  • Relevant Benefits means any pension, annuity, lump sum, gratuity or other like benefit given or to be given on retirement or death, or in anticipation of retirement.

  • Employment benefits means all benefits provided or made

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Salaried Employee means an employee who is not covered by the Fair Labor Standards Act who regularly receives each pay period a predetermined amount constituting all or part of compensation. This base salary cannot be reduced because of variations in the quality or quantity of work performed.

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

  • Termination Benefit means the benefit set forth in Article 7.

  • Plan Year means the calendar year.

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Retirement board or "board" means the retirement system's governing board provided for in 2-15-1010.

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.