Pension Scheme definition

Pension Scheme means any scheme or other arrangement which:
Pension Scheme means a contract, an agreement, a trust deed or rules stipulating which retirement benefits are granted and under which conditions;
Pension Scheme means an occupational pension scheme or a personal pension scheme,

Examples of Pension Scheme in a sentence

The substantial majority of the Company’s employees are members of the defined benefit section of the National Grid UK Pension Scheme.

As such, they are civil servants and are covered by the provisions of the Principal Civil Service Pension Scheme (PCSPS.) This is a non-contributory scheme and is unfunded.

Actuarial information on pensionsThe National Grid UK Pension Scheme is funded with assets held in a separate trustee administered fund.

Following this agreement, the Company has established a secured bank account with a charge in favour of the Trustees of the National Grid UK Pension Scheme.

The Scheme is a Registered Pension Scheme for the purposes of the Finance Act 2004.


More Definitions of Pension Scheme

Pension Scheme means a scheme of the provision of pension in respect of services as director or otherwise which is maintained in whole or in part by means of contributions.
Pension Scheme means a retirement benefits scheme within the meaning given by section 150(1) of the Finance Act 2004 which is—
Pension Scheme means an occupational pension scheme (within the meaning of the Pension Schemes Act 1993 (c. 48)) established under a trust and subject to the law of Scotland. ]
Pension Scheme means a scheme for the payment of superannuation benefits to a person as part of the terms and conditions of any employment held by him;
Pension Scheme means a pension scheme as defined in point (2) of Article 6 of Directive (EU) 2016/2341;
Pension Scheme means a pension scheme as defined in Article 6(2) of Directive (EU) 2016/2341;
Pension Scheme means the Local Government Pension Scheme;