PFZW definition

PFZW means Port & Free Zone World FZE, a company incorporated in the Jebel Ali Free Zone (company number 1286) whose registered office is at P.O. Box 17000, Dubai, United Arab Emirates.
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PFZW has the meaning ascribed thereto in the recitals to this Agreement.
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Examples of PFZW in a sentence

  • The affiliated employer pays the total premium to PFZW in good time and deducts the employees’ contribution from the salary of employees who are deemed participants on the basis of the pension regulations.

  • Employers in the theatre and dance branch and the employees in employment as defined in the PFZW pension regulations come under the scope of the obligation.

  • A pension scheme is provided for the employee by the employer in accordance with Stichting Pensioenfonds Zorg en Welzijn (PFZW).

  • PFZW has reserved the right to implement the Offer by way of a takeover offer.

  • Any change in this premium is to be decided upon by PFZW and does not need approval from the CAO parties.

  • As a consequence, they are obliged to comply with the statutes and regulations, and any associated decisions, of PFZW.

  • A pension scheme is arranged through the obligation of Stichting Pensioenfonds Zorg en Welzijn (PFZW).

  • The obligation is included in appendix A of the PFZW pension regulations.

  • The employer is obliged to pay the total premium to PFZW on time.

  • The contribution to the pension scheme is paid jointly by employer and employee as follows: - by the employer: 60% of the total pension premium set by PFZW; - by the employee: 40% of the total pension premium set by PFZW.