Appropriate Pension definition

Appropriate Pension. Provision: in respect of Eligible Employees, either:
Appropriate Pension. Provision” In respect of: a) Transferring Employees, either: - Membership or continued membership or continued eligibility for membership of the pension scheme of which they were members , or were eligible to be members, or were in a waiting period to become a member of, prior to the Relevant Transfer; or - Pension rights which are certified by the Government Actuary’s Department (“GAD”) as being broadly comparable to the terms of the pension scheme of which they were, or were eligible to be members. b) New Employees, either: - Membership of a good quality employer pension scheme, being either: - A contracted-out final salary based defined benefit scheme, or - A defined contribution scheme under which the employer must match employee contributions by up to at least 6 per cent; or - A stakeholder pension scheme, under which the employer matches employee contributions by up to at least 6 per cent. “Approved Emergency safety Work” Emergency safety works approved by the County Council’sParking Strategy Team;
Appropriate Pension. Provision: in respect of Eligible Employees, either: membership, continued membership or continued eligibility for membership of the pension scheme of which they were members, or were eligible to be members, or were in a waiting period to become a member of, prior to the Relevant Transfer; or pension scheme, which is certified by the Government Actuary’s Department (GAD) as being broadly comparable to the terms of the pension scheme of which they were, or were eligible to be, members. Bond: the bond to be executed in the [Council’s standard form/ in the form set out in Part 3 of this Schedule 8] to the value of [VALUE] under paragraph 25.3 . Cessation Date: any date on which the Contractor or any Sub-Contractor (as appropriate) ceases to be an Admission Body other than as a result of the termination of this Agreement or because it ceases to employ any Eligible Employees. Effective Date: the date(s) on which the Services (or any part of the Services) transfer from the Council or any Third Party Employer to the Contractor or Sub-contractor, and a reference to Effective Date shall be deemed to be the date on which the employees in question transferred or will transfer to the Contractor or Sub-contractor. Eligible Employees: the Transferring Employees [or employees of Third Party Employers] who are active members of (or are eligible to join) the LGPS on the date of a Relevant Transfer including the Effective Date.

Examples of Appropriate Pension in a sentence

  • Appropriate Pension plan assets exist to pay obligations.Reflective of CurrentInvestment OptionsThe LDI portfolio manager has access to detailed informationregarding the component of cash flows since it is based on different information.Specified in Advance Actuaries estimate CF every year providing the basis for the benchmark construction.2. The candidate will be able to understand how the regulatory environment affects plan design and understand how to apply relevant restrictions.

  • This means that some consumers may receive a personal recommendation not to transfer or convert without an adviser having to collect detailed scheme data, undertake an Appropriate Pension Transfer Analysis (APTA) or provide a Transfer Value Comparator (TVC).

  • PENSIONS Contractor to secure Appropriate Pension Provision The Contractor shall or shall procure that any relevant Sub-Contractor shall ensure that all Eligible Employees are offered Appropriate Pension Provision with effect from the Effective Date up to and including the date of the termination or expiry of this Agreement.

  • The Contractor shall or shall procure that any relevant Sub-Contractor shall ensure that all Eligible Employees are offered Appropriate Pension Provision with effect from the Effective Date up to and including the date of the termination or expiry of this Agreement.

  • The Company shall or shall procure that all Acquired Staff are provided with Appropriate Pension Provision with effect from the Commencement Date up to and including the date of the termination or expiry of this Agreement.

  • We said that some consumers may receive a personal recommendation not to transfer or convert without an adviser having to collect detailed scheme data, undertake Appropriate Pension Transfer Analysis (APTA), or provide a Transfer Value Comparator (TVC).

  • To avoid multiple calls to the department in October 2022, the private schools for students with disabilities administrative staff should provide the appropriate internal staff and independent auditor with the updated submission instructions.

  • Appropriate Pension Provision membership, continued membership or continued eligibility for membership of such pension scheme as the Relevant Employee is statutorily entitled to at the relevant time.

  • Critical yield analysis In response to this complaint, Flying Colours made the point that the requirement for a TVAS has been replaced by the more meaningful Appropriate Pension Transfer Analysis (“APTA”) rules – my interpretation of this is that Flying Colours is seeking to downplay the importance of the critical yield figures applicable to Mr V’s case.

  • Schedule 8 [Benchmarking] NOT USED Schedule 9 Exit Schedule 10 TUPE INTERPRETATION The definitions and rules of interpretation in this paragraph apply in this Agreement: Appropriate Pension Provision: in respect of Eligible Employees, membership or eligibility for membership of a pension scheme, which is certified by the Government Actuary's Department (GAD) as being broadly comparable to the [NAME OF PUBLIC SECTOR PENSION SCHEME].


More Definitions of Appropriate Pension

Appropriate Pension. Provision" in respect of the Eligible Employees means continued membership or continued eligibility for membership of the LGPS as appropriate;

Related to Appropriate Pension

  • war pension means a war disablement pension, a war widow’s pension or a war widower’s pension;

  • state pension credit means state pension credit under the State Pension Credit Act 2002;

  • qualifying age for state pension credit means (in accordance with section 1(2)(b) and (6) of the State Pension Credit Act 2002)—

  • Appropriate bargaining unit means the unit designated by the Employment Relations Board

  • appropriate person means the person required to make the material open to public inspection or, as the case may be, the person maintaining the register;

  • Appropriate Unit means a unit of employee classes or positions, established pursuant to Article II hereof.

  • Multiemployer Pension Plan means a multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which Borrower or any member of the Controlled Group may have any liability.

  • Employee Pension Benefit Plan has the meaning set forth in ERISA Section 3(2).

  • occupational pension means any pension or other periodical payment under an occupational pension scheme but does not include any discretionary payment out of a fund established for relieving hardship in particular cases;

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Employee Pension Plan means any Employee Plan for the provision of retirement income to employees or which results in the deferral of income by employees extending to the termination of covered employment or beyond as defined in Section 3(2) of ERISA.

  • Actuarial equivalent means a benefit of equal value when

  • ERISA Affiliate Plan means each Employee Benefit Plan sponsored or maintained or required to be sponsored or maintained at any time by any ERISA Affiliate, or to which such ERISA Affiliate makes or has made, or has or has had an obligation to make, contributions at any time, or with respect to which such ERISA Affiliate has any liability or obligation.

  • Required Beginning Date means April 1 of the calendar year following the later of:

  • Multi-employer Plan means a Plan that is a Multi-employer plan as defined in Section 4001(a)(3) of ERISA.

  • war disablement pension means any retired pay or pension or allowance payable in respect of disablement under an instrument specified in section 639(2) of the Income Tax (Earnings and Pensions) Act 2003;

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • appropriate Government means the Central Government;

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • ERISA Plan means any employee pension benefit plan subject to Title IV of ERISA maintained by any ERISA Affiliate with respect to which any Restricted Person has a fixed or contingent liability.

  • Canadian Defined Benefit Pension Plan means a Canadian Pension Plan that contains or has ever contained a “defined benefit provision” as such term is defined in Section 147.1(1) of the Income Tax Act (Canada).

  • Multiemployer Plan means a multiemployer plan as defined in Section 4001(a)(3) of ERISA.

  • Single Employer Plan any Plan which is covered by Title IV of ERISA, but which is not a Multiemployer Plan.

  • Regular benefits ’ means benefits payable to an individual under this act or under any other state law, including benefits payable to federal civilian employees and to ex-servicemen pursuant to 5 U.S.C. chapter 85, other than extended benefits.

  • Foreign Pension Plan means any plan, fund (including, without limitation, any superannuation fund) or other similar program established or maintained outside the United States of America by the Borrower or any one or more of its Subsidiaries primarily for the benefit of employees of the Borrower or such Subsidiaries residing outside the United States of America, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and which plan is not subject to ERISA or the Code.

  • Defined Benefit Plan Fraction means a fraction, the numerator of which is the projected annual benefit (determined as of the close of the relevant Plan Year) of the Participant under all Defined Benefit Plans maintained by one or more Related Companies, and the denominator of which is the lesser of (i) the product of 1.25 multiplied by the dollar limitation in effect under Section 415(b)(1)(A) of the Code for the Plan Year, or (ii) the product of 1.4 multiplied by the amount which may be taken into account under Section 415(b)(1)(B) of the Code with respect to the Participant for the Plan Year.