Withdrawal benefit definition
Withdrawal benefit means the accumulated deposits of a member on withdrawal which have been made in one lump sum unless specifically provided otherwise in this Act.
Withdrawal benefit means the benefit determined in terms of these rules payable when a member leaves the Fund other than through death, retirement or retrenchment.
Withdrawal benefit means the minimum Benefit which must be paid to a Member on the Member's withdrawal from the Fund as prescribed by the Relevant Law.
Examples of Withdrawal benefit in a sentence
Withdrawal benefit from ▇▇▇▇▇▇ ▇▇▇▇▇ on agreement effective when they are transferred to your parents.
We will allow interest, at a rate of at least 3% annually, on any Net Cash Surrender Value or Withdrawal benefit derived from the Fixed Account that we defer for 30 days or more.
More Definitions of Withdrawal benefit
Withdrawal benefit means a Benefit payable in accordance with clause 15.2; Withdrawal Fund has the meaning specified in clause 12.1; and
Withdrawal benefit means the benefits entitled to be paid under the plan to a member who leaves parliamentary service prior to reaching the retire- ment age for any reason other than death:
Withdrawal benefit means any benefit to which a Member may be entitled in terms of Part VI upon ceasing to be in Qualifying Service before the Normal Retirement Date for any reason other than death.