CDC scheme Sample Clauses
CDC scheme. A CDC scheme must at least have the following elements in addition to the other conditions in this chapter: – an accrual percentage of 1.75% per participation year; – a maximum state pension deductible of 1 19,734.87 on 1 January 2020, and a maximum state pension deductible of 1 20,011.16 on 1 January 2021. The maximum state pension deductible will be adjusted in line with the general wage development of this CLA.
CDC scheme. This Annex describes the characteristics of the CDC scheme as referred to in Article 5.
CDC scheme. A CDC scheme must at least have the following elements in addition to the other conditions in this chapter: – an accrual percentage of 1.75% per participation year; – a maximum state pension offset of 1 18,506.34 as of 1 January 2017, to be adjusted for the general wage development of this CLA.