Pension entitlements Clause Samples
The 'Pension entitlements' clause defines the rights and obligations of parties regarding pension benefits accrued during employment. It typically outlines how pension contributions are handled, whether the employee remains eligible for benefits after leaving the company, and how any accrued entitlements are calculated or transferred. This clause ensures that both employer and employee have a clear understanding of pension arrangements, helping to prevent disputes over retirement benefits and providing financial security for employees.
Pension entitlements. The pension entitlements that we administer under this Execution Agreement are: - a defined contribution for Pension; - a partner’s and orphan’s pension; - an ANW shortfall pension. You can find the conditions that apply to the pension entitlements in this Execution Agreement, the Pension Regulations, and the annexes. We use the defined contribution for the Investment pension or the Guaranteed pension. More information about the Investment pension and the Guaranteed pension can be found in Sections 4 (‘Accrual of pension’) and 8 (‘Death’) of the Pension Regulations. Insurance will be taken out for the partner’s and orphan’s pension and the ANW shortfall pension. More information about these pensions can be found in Section 8 (‘Death’) of the Pension Regulations. If the participant becomes disabled, we take over the payment of premiums for the entitlements from you, either in full or in part. You can read more about this in Section 9 (‘Disability’) of the Pension Regulations and in the annex on ‘Conditions for insurance of disability’.
Pension entitlements. These ill health retirement benefits will not reduce or affect any of the other members’ pensionable benefits due under the pension schemes.
Pension entitlements. The pension entitlements that we administer under this Execution Agreement are: - retirement pension; - partner’s and orphan’s pension; - ANW shortfall pension if that is part of your pension scheme and if it is insured for the participant. We take out insurance for these pension entitlements. The conditions that apply to the insurances are given in this Execution Agreement. If the participant becomes disabled, we take over the payment of premiums for the entitlements. You can read more about this in the ‘Disability’ section of the Pension Regulations and in the annex on ‘Conditions of insurance of disability’.
Pension entitlements. Section 1. The Employer shall pay into the OPERS for all employees the percentage of the Employer’s contribution as required by law.
Pension entitlements. Section 1. The Employer shall pay into the Police and Fire Disability and Pension Fund of Ohio for all employees the percentage of the Employer's contribution as required by law.
Section 2. The Employer shall submit for approval and pay the "user fee" to the Internal Revenue Service and State Pension Board, the salary reduction method for the employee's contribution to the Police and Fire Disability and Pension Fund of Ohio. The employee's salary shall be reduced the full amount of said contribution. However, this amount shall be treated as compensation for the purpose of retirement calculations and will be included in such. This Section shall be effective after approval by the Internal Revenue Service and State Pension Board, which will be sought jointly by the parties.
Pension entitlements. The (former) participant is, with observation of the conditions in these regulations, entitled to the following pensions:
Pension entitlements. 11.1 The company will take out a pension insurance on the terms and conditions specified in the copy of the pension letter from the company to Mr. Gramaxo.
Pension entitlements