Contractor's Scheme definition

Contractor's Scheme means the pension scheme or schemes nominated by the Contractor and/or relevant sub-contractor in accordance with clause 31.7.1 of this Agreement;
View Source
Contractor's Scheme means the Capita Pension and Life Assurance Scheme, which provides benefits for and in respect of Original Pension Employees. A reference to the Contractor's Scheme shall where appropriate, include a reference to the trustees or administrators thereof.
View Source

Examples of Contractor's Scheme in a sentence

  • However, the Authority shall use all reasonable endeavours to procure that the assets representing each Transferring Member's AVCs in the Local Government Pension Scheme shall be transferred to the Contractor's Scheme.

  • The Contractor shall (and shall procure that each relevant Employing Subcontractor shall) ensure that the Contractor's Scheme provides benefits for each relevant Transferring Member which are equivalent to the assets transferred.

  • The value of the benefits shall make explicit allowance for expected future salary growth as determined by the actuary of the Contractor's Scheme as if the Relevant Transferring Member had continued in employment with the Contractor.

  • The past service reserve is to be calculated with regard to projected final pensionable pay at the assumed date of retirement, or earlier death, or leaving service and not the final pensionable pay at the date of wind-up or earlier date of leaving the Contractor's Scheme and each reserve is to be calculated on a basis determined by the actuary of the Contractor's Scheme.

  • The value of such accrued pension rights shall not be reduced because of inadequate funds being available in the Contractor's Scheme.

  • The Contractor shall not (and shall procure that each relevant Employing Subcontractor shall not) encourage or initiate or assist or facilitate any action or provide any financial assistance for the purpose of requiring the Local Government Pension Scheme to pay an amount larger than the Transfer Amount to the Contractor's Scheme in respect of the Transferring Members.

  • The Contractor shall not (and shall procure that each relevant sub-contractor shall not) encourage or initiate or assist or facilitate any action or provide any financial assistance for the purpose of requiring the Fund to pay an amount larger than the Transfer Amount to the Contractor's Scheme in respect of the Transferring Members.

  • If the aggregate amount (but excluding any amounts referred to in paragraph 5 of this Schedule) actually received on or before the Due Date by the Contractor's Scheme from the Fund as envisaged by paragraph 3 of this Schedule is less than the Transfer Amount, the Authority shall pay to the Contractor's Scheme an amount equal to such shortfall within 28 days of the Due Date together with interest thereon calculated at the Senior Debt Rate from the Due Date to the actual date of payment.

  • However, the Authority shall use reasonable endeavours to ensure that the assets representing each Transferring Member's AVCs in the Fund (if any) shall be transferred to the Contractor's Scheme.

  • The Tenant shall comply with the Considerate Contractors Scheme and the Code of Considerate Practice.