Examples of Relevant Benefits in a sentence
Subject to 27.4(e), if (c) does not apply, the Relevant Assets must be applied in securing the Relevant Benefits in respect of the Affected Members in the manner the Trustee considers appropriate.
It should be pointed out that commutation of pension benefit in excess of the normal rules may only be considered where the recipient is in "exceptional circumstances of ill-health" (see Chapter 7.5).Normal Retirement Age: See Chapter 6.7. Relevant Benefits: the full definition is in Section 770, TCA., and includes any pension or lump sum given on retirement or death.
The newly issued "Provisions of Relevant Benefits Enjoyed by Permanent Residence of China" clearly stipulates that, "foreigners enjoy the same rights and bear the same obligations as Chinese citizens, except for political rights and other rights and obligations stipulated by laws and regulations ".
The Vendor has not, in the last 12 months, made any material voluntary or ex gratia payments of any Relevant Benefits to or in respect of any Transferring Employee.
As such, if a Member’s Transfer-Out Member Fund Account has been maintained for a period longer than that for his Transfer-In Member Fund Account, his guarantee entitlement in respect of the Relevant Benefits may be adversely affected.