Electricity Supply Pension Scheme definition

Electricity Supply Pension Scheme means the registered pension scheme providing pensions benefits for most employees and members of the electricity supply industry in England and Wales under the Finance ▇▇▇ ▇▇▇▇ established by a resolution of The Electricity Council passed on 20th January 1983 and subsequently amended from time to time;”Elexon” means Elexon Limited, a company registered in England and Wales with company number 3782949;
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Electricity Supply Pension Scheme means the pension scheme established by a resolution of the Electricity Council dated 20 January 1983;
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Electricity Supply Pension Scheme means the pension scheme established by a resolution of the Electricity Council dated 20 January 1983; "Employees" means any persons employed by or holding office with any Group Company under a contract of employment or service contract, but, for the avoidance of doubt, excluding any individual engaged as a contractor or consultant pursuant to a contract for services with or in respect of any Group Company; "Encumbrance" means any claim, charge, mortgage, lien, pledge, encumbrance, option, equity, power of sale, hypothecation, retention of title, right of pre-emption, right of first refusal or security interest or any other third party right or other security interest or any other agreement, arrangement or obligation to create any of the foregoing; "Environment" means any and all of the following media namely the air, water and land and any living organisms or systems supported by those media; "Ex-▇▇▇▇▇ Directors Unfunded Pensions Plan" means the unfunded pension plan concerning certain individuals who had been executives of the ▇▇▇▇▇ Business; "Ex-▇▇▇▇▇ Liability" means the costs associated with the Ex-▇▇▇▇▇ Directors Unfunded Pensions Plan; "Ex-▇▇▇▇▇ Liability Novation Agreement" means the deed of novation between the Seller, Western Power Distribution (South Wales) plc and the Company dated 10 March
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Examples of Electricity Supply Pension Scheme in a sentence

  • During your assignment in the US you will continue to be entitled to remain a member of the Electricity Supply Pension Scheme, the Powergen Senior Executive Pension Scheme (PSEPS) and the Unapproved Schemes and have pension contributions deducted from your basic salary at the present rate.

  • For the avoidance of doubt, it is not expected that Employees or Nominated Staff who are currently members of the Electricity Supply Pension Scheme will transfer to the Combined Nuclear Pension Plan.

  • By a Resolution of The Electricity Council passed on 20 January 1983 the Electricity Supply Pension Scheme (the Scheme) was established to provide relevant benefits as presently defined in section 612(1) of the Income and Corporation Taxes ▇▇▇ ▇▇▇▇.

  • The Director shall be entitled to continue to be a member of the Electricity Supply Pension Scheme during the employment.

  • For the period of the assignment you will remain a member of the National Grid section of the Electricity Supply Pension Scheme.

  • The Transferor and the Transferee intend that the Employees shall, so far as possible, remain part of the Electricity Supply Pension Scheme.

  • The Director was a participant in the Electricity Supply Pension Scheme (“ESPS”) until 6 April 2006, at which time he ceased to accrue any benefits under the ESPS.

  • However, if you were a member of the Electricity Supply Pension Scheme prior to 1st April 1988, you will have the option of terminating your employment at any time between your 60th and 65th birthday.

  • For the avoidance of doubt, it is not expected that Employees or Nominated Staff who are currently members of the Electricity Supply Pension Scheme will transfer to the CNPP.