DC Scheme definition
Examples of DC Scheme in a sentence
Irish DC Scheme the ntl Defined Contribution and Death Benefit Plan and, whenever the context allows, its trustees, managers or administrators, as appropriate.
Thus, in comparing the services provided to members, their scope and quality and the level of member charges, TPT believes that its DC Scheme offers good value to members and employers.
Irish DC Member a Broadcast Employee in pensionable service under the Irish DC Scheme or who is eligible to join the Irish DC Scheme immediately prior to the Completion Date including any Broadcast Employee who would be in pensionable service but for his or her temporary absence from work.
Buyer’s DC Scheme the scheme or arrangement notified under paragraph 2.1 and, whenever the context allows, its trustees, managers or administrators, as appropriate.
There are no claims or actions in progress or pending, nor so far as the Seller is aware any reason for such claims or actions, in respect of the NBPS, NDCS, NIBPS, the Price FURBS, the ▇▇▇▇▇ FURBS, the NEDRBS or the WFOBBC or (to the extent that they could affect any obligation of the NBPS, of the NIBPS or of the New DC Scheme (as defined in Schedule 8) after the transfers envisaged in Schedule 8) any other Pension Schemes.
The terms of the Buyer’s DC Scheme as to member and employer contributions and Risk Benefits will not be for a period of at least 12 months following the Completion Date in any material respect less favourable than they would have been under the Irish DC Scheme in respect of each such Irish DC Member.
Over the 12-month period to September 2021, from its DC membership of circa 284,000, TPT received 13 formal complaints under the internal dispute resolution procedure about service in the DC Scheme, three of which were referred to the Appeals and Discretions Committee.
Throughout this document we refer to all of TPT’s DC arrangements collectively as the DC Scheme.
Three complaints were referred to the Pensions Ombudsman in respect of the DC Scheme over the 2020-2021 Scheme year.
The Trustee also continues to view AB’s TDFs as appropriate for the DC Scheme and to provide good value.