Retirement Benefit Scheme definition

Retirement Benefit Scheme means a retirement benefits scheme within the meaning given to that term in Section 611 of the Taxes Act;
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Retirement Benefit Scheme means a scheme of a company, framed in accordance with these regulations, dealing in shares of the company or the shares of its listed holding company, for providing retirement benefits to the employees subject to compliance with existing rules and regulations as applicable under laws relevant to retirement benefits in India.
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Retirement Benefit Scheme means an arrangement that an individual
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Examples of Retirement Benefit Scheme in a sentence

  • The Group operates an unfunded, defined benefit Retirement Benefit Scheme (“the Scheme”) for its eligible employees.

  • The group also makes contributions to the HSBC International Staff Retirement Benefit Scheme in respect of a small number of International Managers being seconded to the group by the HSBC Group.

  • Certain subsidiaries of the Group operate a funded and unfunded defined benefit, Retirement Benefit Scheme (“the Scheme”), for their eligible employees.

  • Note: The Remuneration Committee has formulated a Retirement Benefit Scheme for the eligible Wholetime Directors.

  • The Registered Trustees of the Kenya Railways Staff Retirement Benefit Scheme and Ors.

  • R83 Where individual members of a Retirement Benefit Scheme are to be given personal investment advice, their identities must be verified.

  • Limited Retirement Benefit Scheme and the Local Government Pension Scheme.

  • This document outlines the statement of investment principles (“SIP”) that governs the investment policy of the Trustee in relation to the defined contribution section of the William T Eden Plc Retirement Benefit Scheme (“the Scheme”).

  • Competition Authority of KenyaKenya Railways Staff Retirement Benefit Scheme Block “D” Ground floor, Workshop roadDavid Ong’olo conference room Name: Walter W.

  • This deed is supplemental to the Cytonn Personal Retirement Benefit Scheme Trust Deed and Rules (hereinafter referred to as “the Trust Deed and Rules”) dated the 6th day of May, 2019 and made between the Founder and the Trustee establishing the Personal Pension Scheme (hereinafter referred to as “the scheme”) for providing benefits for Members in accordance with the Rules of the Scheme.


More Definitions of Retirement Benefit Scheme

Retirement Benefit Scheme means a retirement benefit scheme as defined in Section 611(1) of the Act.
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Retirement Benefit Scheme means any pension scheme or other arrangement providing benefits which would be Relevant Benefits if they were provided by such a scheme or arrangement within the United Kingdom.
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Related to Retirement Benefit Scheme

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Retirement Benefit means the benefit set forth in Article 5.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Retirement Age means the earlier to occur of:

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Disability Benefit means the benefit set forth in Article 8.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Relevant Benefits means any pension, annuity, lump sum, gratuity or other like benefit given or to be given on retirement or death, or in anticipation of retirement.

  • Employment benefits means all benefits provided or made

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Salaried Employee means an employee who is not covered by the Fair Labor Standards Act who regularly receives each pay period a predetermined amount constituting all or part of compensation. This base salary cannot be reduced because of variations in the quality or quantity of work performed.

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

  • Termination Benefit means the benefit set forth in Article 7.

  • Plan Year means the calendar year.

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Retirement board or "board" means the retirement system's governing board provided for in 2-15-1010.

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.