retirement benefits scheme definition

retirement benefits scheme means any scheme or arrangement (other than a contract for life assurance) whether established by a written law for the time being in force or by any other instrument, under which persons are entitled to benefits in the form of payments, determined by age, length of service, amount of earnings or otherwise and payable primarily upon retirement, or upon death, termination of service, or upon the occurrence of such other event as may be specified in such written law or other instrument;

retirement benefits scheme means any scheme or arrangement which is comprised in one or more instruments or agreements and which has, or is capable of having, effect so as to provide any pension, lump sum, gratuity or such other benefit as may be prescribed, given or to be given on retirement or death, or in anticipation of retirement, or, in connection with past service, after retirement or death;

retirement benefits scheme a retirement benefits scheme within the meaning given to that term in Section 611 of the Taxes Act;

Examples of retirement benefits scheme in a sentence

• Please refer to Rule 4.1 of the Retirement Benefits Scheme for more details on the calculation of the Retirement Benefit.

• Unless otherwise defined or the context otherwise requires, capitalised terms used in this section have the same meanings given to them in the Retirement Benefits Scheme.

• As the Retirement Benefits Scheme shall form part of the Service Agreement, the transactions between the Company and the Directors contemplated by the Retirement Benefit Scheme are fully exempt from the connected transactions requirements under Chapter 14A of the Listing Rules.

• Pension Arrangements: the Nessco Group Holdings Ltd Group Pension Plan provided by Legal & General; the Nessco Ltd Retirement Benefits Scheme provided by Phoenix Life; the Nessco Limited Group Life Assurance Scheme; the Nessco Limited Retirement Benefits Scheme (the former Small Self-Administered Scheme which has now been wound up); XX Xxxxx’x personal pension plan with Scottish Equitable; the Executive Pension Plan provided by Phoenix Life and J XxXxxxxxx’x self-invested personal pension plan.

• Changes agreed in July 0000 Xxxxxxxxx 11C , previous text replaced by the following: New appointments in the support staff job family, grades A to D (if aged under 75 and over age 18) are eligible to join the University of Exeter Retirement Benefits Scheme (ERBS), which is a contracted-out scheme.

More Definitions of retirement benefits scheme

retirement benefits scheme means a retirement benefits scheme as defined in the Taxes Consolidation Act.

retirement benefits scheme means a retirement benefits scheme exempt approved or provisionally approved under Chapter 1 of Part XIV of the 1988 Act.

retirement benefits scheme means any insurance, superannuation, provident scheme or any other scheme which the Trustee may determine from time to time to be a retirement benefits scheme for the purposes of these Rules.

retirement benefits scheme means a retirement benefits scheme within the meaning of Chapter II of Part II of the Finance Act 1970((9)) (occupational pension schemes) and “approved” means approved for the time being by the Commissioners of Inland Revenue for the purposes of that chapter;

retirement benefits scheme means a scheme for the provision of -relevant benefits but does not include the Falkland Islands Pensions Scheme;

retirement benefits scheme means the Pension Scheme and the funded unapproved retirement benefit schemes established to provide pension benefits for former employees who were members of the Orange Pension Scheme; Ruling has the meaning given in Part B of Schedule 7;

retirement benefits scheme means a legally binding agreement or arrangement other than a contract for life assurance whether established by a written law or by any other instrument, under which members are entitled to benefits in the form of annuity or a lump sum payable upon retirement, or upon death, termination of service or upon the occurrence of an event specified in the written law, agreement or arrangement;