Transfers In. The 1985 group RRSP retirement income plan will be closed to contributions or transfers on and after January 1, 2003. In addition, with effect from January 1, 2003 the group RRSP will be closed to new members. A person who becomes an Employee of the Company may elect to make a single lump sum transfer of monies to the registered pension plan RPP - 2003 from his prior employer if allowed under the applicable rules of the respective plans. The amount transferred to this Plan will be administered in accordance with the rules of this Plan. Such employee will be considered a new hire for purposes of enrollment in the Plan and eligibility for Company contributions.
Transfers In. Where a transfer payment is received in respect of a Member from another scheme ("the transferring scheme") which includes accrued rights of the Member to a GMP (or includes protected rights in respect of which the receiving scheme will provide a GMP) the earnings factors used in calculating that GMP will normally be revalued using Section 148 Revaluation during the Member's Contracted-Out Employment, and 6.1 above will apply if that Contracted-out Employment ceases before State Pensionable Age. The Trustees may, however, decide, if the provisions of the transferring scheme so allow, to use either Limited Revaluation or Fixed Rate 68 Revaluation from the date on which the Member ceased to be in contracted-out employment by reference to the transferring scheme until the Member attains State Pensionable Age (or dies, if earlier) but:-
Transfers In. 15.1 The Trustees may accept, in their absolute discretion, a transfer payment from a Registered Scheme or from any other source permitted by HMRC, provided that the continued status of the Scheme as a Registered Scheme is not prejudiced. On receiving the transfer payment, the Trustees will credit the Member with such benefits as they shall decide.
Transfers In. A person who becomes an Employee of the Company may elect to make a single lump sum transfer of monies to this Plan from a tax-sheltered pension plan of his prior employer. The amount transferred to this Plan will be administered in accordance with the rules of this Plan. Such Employee will be considered a new hire for purposes of enrolment in the Plan and eligibility for Company contributions.
Transfers In. 15.1 The Trustee may accept transfers from other arrangements which consist of or include Pension Credit Rights or benefits derived therefrom where the transferring person is a Member or Ex-Spouse Participant under the Plan. That person shall then become an Ex-Spouse Participant in relation to the Pension Credit Rights transferred and the provisions of this Schedule shall apply as if the Pension Credit Rights transferred derived from benefits under the Plan. The Trustee shall, however, keep such Pension Credit Rights separately identified from any other rights of the person under the Plan. Where the Pension Credit Rights proposed to be transferred to the Plan consist of or include Safeguarded Rights, the Trustee may only accept the transfer of such rights while the Plan is a contracted out final salary scheme or a contracted out money purchase scheme as appropriate.
Transfers In. Persons who transfer onto the Employer's payroll directly from the payroll of another Component of the Public Service Alliance of Canada, or from the Alliance proper, or from the Public Service, shall have all prior service credited to them for purposes of determining vacation and other leave entitlements.
Transfers In. 14.01 In the event of the promotion of any bargaining unit employee to a position which is not subject to this Agreement, the employee has the right to return to the bargaining unit within (6) six months of such promotion, then only the seniority which, the employee held prior to their promotion shall be accredited to the them.
Transfers In. 14.1 You may arrange for a transfer of any other pension arrangement you may have into the SIPP, including an arrangement that is already in income drawdown, provided it is consistent with the Deed and Rules and the transfer rules applicable to Registered Pension Schemes. Cash transferred in will not be available for investment until the Administrator is satisfied the transfer is acceptable and the cash has been received.