Pension payment definition

Pension payment means a pension, retirement, annuity, or other similar payment made to a claimant, based on the pre- vious work of that claimant, whether or not payable on a periodic basis, from a governmental or other retirement system maintained or contributed to by an employer from which that claimant has base period wages, other than a payment received under the fed- eral Social Security Act (42 USC 301 et seq.) that is based in whole or in part upon taxes paid by the claimant.
Pension payment means a pension, retirement, annuity or other similar payment made to a claimant, based on the pre- vious work of that claimant, whether or not payable on a periodic basis, from a governmental or other retirement system maintained or contributed to by an employer from which that claimant has base period wages.
Pension payment means a payment of up to £5,000,000 (or its equivalent) as set out in the Base Case Model.

Examples of Pension payment in a sentence

  • To qualify for a Commuted Value Pension payment, the Teacher shall provide a written resignation letter for the purpose of retirement, by November 30 to be effective December 31, and by April 30 if the Teacher intends to retire effective June 30.

  • To qualify for a Commuted Value Pension payment, the Teacher shall provide a written resignation letter for the purpose of retirement, by November 30 to be effective December 31 to June 29, and by April 30 if the Teacher intends to retire between June 30 and the last school day in December.

  • L4.10.03 In order to accept a Commuted Value Pension payment from the KŶƚĂƌŝŽ dĞĂĐŚĞƌƐL͛4.

  • Such leaves of absence shall be revo- cable upon seventy-two (72) hours notice by the The employee must make suitable arrangements in writing for continuation of Health Welfare and Pension payment before the leave may be approved by either the Local Union or the Employer.

  • Pension payment will be made by fortnightly payments in line with the legislation.


More Definitions of Pension payment

Pension payment means the pension payment of £1,392,000 to be made immediately before Completion such payment representing a settlement as calculated by reference to the funding deficit in the Live Nation Pension Scheme as measured on an ongoing basis as at 1 April 2009 with such payment having been made by the Target to the trustees of the Live Nation Pension Scheme using funds provided to the Target by the Seller’s Group recognising that less than 10% of the members of the Live Nation Pension Scheme are current employees of the Target and that the majority of members of the Live Nation Pension Scheme are not (or as the case may be were not) employed at any of the Properties and instead provide or provided (as the case may be) their services in respect of other venues either owned or managed or formerly owned or managed by either the Target or the Seller’s Group.
Pension payment means a payment specified in Section 29C in respect of any contribution year commencing on or after 1 January, 2003.
Pension payment means the pension payment of £1,392,000 to be made immediately before Completion such payment representing a settlement as calculated by reference to the funding deficit in the Live Nation Pension Scheme as measured on an ongoing basis with such payment having been made into the Live Nation Pension Scheme in recognition that less than 10% of the current members in the Live Nation Pension Scheme are themselves current employees of the Target and that the majority of members of the Live Nation Pension Scheme are not (or as the case may be were not) employed at any of the Properties and instead provide or provided (as the case may be) their services in respect of other venues either owned or managed or formerly owned or managed by either the Target or the Seller’s Group.
Pension payment means an employer contribution to the UK DB Plan, whether paid in one lump sum or in a series of instalments, to provide mitigation for any perceived detriment caused to the UK DB Plan by the Transaction other than any ordinary course deficit reduction payment made under the schedule of contributions agreed under section 227 of the Pensions ▇▇▇ ▇▇▇▇;
Pension payment means the amount, if any, for which Sandwich or its successor is or would be liable to the Co- operative Banks Employees Retirement Association in connection with the cessation of Sandwich's participation in said Association's pension plan and its complete withdrawal from said pension plan.
Pension payment means the contribution by the Company to The Wolverine Tube, Inc. Retirement Plan in the amount of $6,558,803.00.
Pension payment means the payment to the trustee of the Global Marine Systems Pension Plan in the amount of Twenty-Four Million, Four Hundred Thousand Pounds Sterling (£24,400,000).