Retirement Business definition

Retirement Business means all aspects of the business conducted by Retirement;
Retirement Business means the performance by Seller and its Affiliates of tax-qualified plan administration and recordkeeping that is primarily managed by the IRT Management Team for defined benefit retirement plans and defined contribution retirement plans of institutional clients, including (a) plan participant education and communication and (b) trustee, custody and payment services, in the case of clauses (a) and (b), to the extent related to such tax-qualified plan administration and recordkeeping; provided, however, that the “Retirement Business” shall exclude the T&C Business, the Discretionary Business and the Executive Benefits Business.

Examples of Retirement Business in a sentence

  • Retirement carries on the Retirement Business primarily in the State of South Carolina and carries on material business activity in other jurisdiction.

  • Retirement carries on the Retirement Business only under the name “Retirement Technologies, Inc.” and variations thereof and under no other business or trade names.

  • Departments of Management Services (Retirement); Business and Professional Regulation; and Revenue: Information Technology Security Risk Assessment Services Accenture provided advisory and assistance services relating to DMS (Retirement), DBPR, and DOR’s mission-oriented business programs or initiatives.