FUND CREDIT definition

FUND CREDIT means for each MEMBER at any particular date the sum of:
FUND CREDIT means, for each contributor, the total of the employee's share and his employer's share and any other amount as may be authorised by the management Committee and credited to his account in the records of the Fund;
FUND CREDIT means, in relation to a MEMBER at any particular date, the sum of:-

Examples of FUND CREDIT in a sentence

  • If less than zero, enter zero57.0000%0000 PRIVATE EQUITY FUND CREDIT.

  • If less than zero, enter zero 57.0000%0000 PRIVATE EQUITY FUND CREDIT.

  • Alternatively, the ionized winds are de-coupled from the SF, but then why only X- ray-absorbed AGN are submm-luminous remains to be ex- plained.

  • GETTING STARTED Welcome How the Fund works HOW YOUR FUND CREDIT IS INVESTED YOUR FUND BENEFITS Retirement Early Retirement Deferred Retirement WithdrawalDeath Cover Funeral Cover Disability CoverDISINVESTMENT OF FUND CREDIT USEFUL INFORMATION The Trustees Member Information Statements Replacement Ratio ProjectionsResolving disputes Jargon guideYou or your dependants need to notify your local HR official as soon as possible after the death in order to claim the funeral benefits.

  • WHEN I RETIRE, CAN I RECEIVE A PORTION OF MY FUND CREDIT AS CASH LUMP SUM?When you retire, you can draw up to the maximum of one third of your Fund Credit as a cash lump sum which would be subject to tax based on the retirement scale.


More Definitions of FUND CREDIT

FUND CREDIT means in respect of each MEMBER the amount to the credit of his or her MEMBER SHARE ACCOUNT (including in respect of a DEFERRED PENSIONER) or to his or her credit in the UNCLAIMED BENEFITS ACCOUNT, as the case may be, and includes where applicable the INSURED DEATH BENEFIT or the DISABILITY BENEFIT.
FUND CREDIT means the total contributions made by and on behalf of a member plus investment return and any other amount which the member may be entitled to less a proportionate share of fund expenses;
FUND CREDIT means for each Member at any particular date the accumulated value of:
FUND CREDIT means for a Member at any particular date the sum of the following amounts:
FUND CREDIT means a fund credit obtained undersection 21;
FUND CREDIT means in respect of each Member, the aggregate of the Member’s Portion and the Sponsor’s Portion at any particular date.
FUND CREDIT means the total amount standing to credit on behalf of each member, constituting of the contributions of a member and the contribution of the employer for that Member and any interest that may have accrued;