Second Pension definition

Second Pension means the mandatory pension scheme referred to in article 64C;

Examples of Second Pension in a sentence

  • The Executive will be contracted into the State Second Pension (S2P) unless the Executive opts to contract-out or contracting-out is a requirement of the Executive’s plan.

  • The NHS pension scheme is contracted out of the State Second Pension ('S2P', formerly SERPS) and a contracting out certificate is in force.

  • In the event the Second Pension Transfer Amount is less than zero, then Buyer shall transfer or cause to be transferred such amount in cash from the Represented Pension Trust back to the trust under the Avaya Inc.

  • You must give notice in writing to the University prior to joining if you intend to commence or continue any other pension arrangements, including but not limited to the State Second Pension.

  • Stanplan A (as it relates to the Company Subsidiaries) is not contracted out of the United Kingdom State Second Pension Scheme.

  • The Security Interest is subordinate to the security interests granted by Debtor in favor of The Coastal Corporation Second Pension Trust ("Coastal") pursuant to the Security Agreement dated as of the date hereof in favor of Coastal and is subject to the provisions of the Intercreditor and Subordination Agreement.

  • This is a group personal pension plan, is not contracted-out of the State Second Pension Scheme and is contributory.

  • Neither the Company nor any of its Affiliates holds a current contracting-out certificate (from the State Second Pension (S2P)) under the ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ in respect to the Executive’s employment.

  • This means that you will not be contracted out of the State Second Pension (S2P).

  • There is no contracting-out certificate in force for the Employment in relation to the State Second Pension.