Examples of Retirement Benefit Fund in a sentence
On January 1, 1984, the Equal Retirement Benefit Fund (ERBF) was created for the State and County Retirement Plans.
These funds shall be remitted at the same time as the regular contributions of members are remitted to the Teachers' Retirement System of Oklahoma and deposited in the Retirement Benefit Fund.
Plan assets are distributed over two funds: the Balanced Fund and the Defined Retirement Benefit Fund.
The Defined Retirement Benefit Fund holds the assets of the Defined Retirement Benefit Account from which defined benefit pensions and supplements are paid.
These defined benefit contributions are directed to the Defined Retirement Benefit Fund.
Defence Force Retirement Benefits Fund (the “Fund”) was established under the Defence Force Retirement Benefit Fund Act, Chapter 79 (DFRBF Act), however as of 1 January 2003 it is recognised as being established pursuant to Section 8 of the Superannuation (General Provisions) Act 2002 with the repeal of Section 17 of the DFRB Act (provision through which the Fund was initially established) on 31 December 2002.DFRBF is a defined benefit fund.
At the death of a retired member who had retired under Option 5, the balance of any monies the member had in the Teachers' Savings Fund shall be transferred to the Retirement Benefit Fund for the purpose of making a lump-sum settlement to the beneficiary or his estate.
At the death of both a retired member and the retired member's spouse, who had retired under Option 2 or 3, any balance in the Teachers' Savings Fund shall be transferred from the Teachers' Savings Fund to the Retirement Benefit Fund.
The Retirement Benefit Fund shall consist of an amount of money necessary for the making of retirement payments to retirees.
Payments to the Plastering Industry Welfare Trust Fund, Northern California Plastering Industry Pension Trust Fund, Operative Plasterers Local Union No. 66 Supplemental Retirement Benefit Fund, Operative Plasterers Local Union No. 66 Journeyman and Apprentice Training Trust Fund, and the Plastering Industry Labor-Management Cooperation Committee Trust Fund (Trust Funds) shall be due and payable monthly on or before the fifteenth (15th) day of the month following the month in which the work was performed.