Retirement Scheme Law definition

Retirement Scheme Law means the Retirement Pensions Act, as replaced, or amended, including for the avoidance of doubt, any regulation, rule, directive, guidance or requirement issued under it from time to time;
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Retirement Scheme Law means the Retirement Pensions Act as replaced or amended, including, for the avoidance of doubt, any regulation, rule, directive, guidance or requirement issued under it from time to time;
Sample 1Sample 2

Examples of Retirement Scheme Law in a sentence

  • Investment RestrictionsThere are certain investments which ICML will not approve, in accordance with Retirement Scheme Law.

  • This document has been produced for general guidance purposes in accordance with Retirement Scheme Law.

  • ICML is appointed to perform trustee and administrative duties in connection with the overall operation, management and ordinary day-to-day administration functions of the Scheme, in accordance with the Scheme Document and Retirement Scheme Law.

  • The receipt of this document after the date hereof, should not be relied upon as implying that such statements remain correct since Retirement Scheme Law may be subject to changes.

  • The formulation of any investment strategy shall always take consideration of the need to have enough liquid funds to pay Benefits and any investment restrictions in accordance with Retirement Scheme Law.

  • During the assessment and in line with Retirement Scheme Law, ICML will also need to ensure that as a minimum you satisfy any two of the following:  You work or have worked in the financial services sector for at least three years in the last ten years, in a professional position, which requires knowledge of the transactions envisaged.

  • It is limited to ensuring such investments are made in accordance with the Schemes’ Investment Policy and any applicable investment restrictions at Retirement Scheme Law.

  • As a rule, all the Scheme’s underlying assets shall be valued based on International Financial Reporting Standards, subject to compliance with any other specific requirements in accordance with Retirement Scheme Law.

Related to Retirement Scheme Law

  • personal pension scheme means a personal pension scheme which--

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

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Superannuation Scheme in this subclause, shall mean a scheme other than one implemented solely for purposes of compliance with Clause 49. - Superannuation of this award, or an Order of the Western Australian Industrial Relations Commission.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.

  • Pension Scheme means a contract, an agreement, a trust deed or rules stipulating which retirement benefits are granted and under which conditions;

  • Scheme Rules means the applicable SEPA direct debit or credit transfer scheme rules of the European Payments Council as amended from time to time.

  • Pension Schemes means the Nord Anglia Joint Pension Scheme, the Wyburn School Limited Pension Life Assurance Scheme (1985) and the Lifetime Pension Scheme, and “Pension Scheme” means any one of them.

  • Health benefits plan means a benefits plan which pays or

  • the Scheme means the Local Government Pension Scheme in

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

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • 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;

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

  • Share Compensation Arrangement means any stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Public employees retirement system means the retirement plan and program

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

  • Retirement system means a retirement plan or system that is established by or pursuant to title 38.

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

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Share Option Scheme ’ means the share option scheme adopted by the Company on

  • Scheme of Arrangement means a scheme of arrangement, share for share exchange or analogous procedure.

  • Suitable employment or "suitable job" means employment or a job: