General Points a. A table indicating the relationship between the PSC codes and the names of their respective localities will be provided.
General Points. No contribution invested in the SSQ PRRIF plan may be withdrawn, commuted, surrendered, redeemed, assigned, voluntarily disposed, nor be the object of a waiver of rights, conversion or transfer, other than within the limits permitted under applicable pension legislation and subject to the Income Tax Act (Canada), notably to reduce, where applicable, the amount of tax that would otherwise be payable by the contractholder under this Act. Any transaction purporting to withdraw, surrender, or commute the monies invested will be void, except where an amount is required to be paid to reduce the amount of tax otherwise payable under the Income Tax Act (Canada) and subject to the exceptions provided for under applicable pension legislation or under family law. The redemption or transfer value is established based on the terms of the investment vehicles described in the appendix to this contract and according to the methods and variables described in this same appendix. If the contractholder chooses a redeemable GIA as an investment vehicle for this plan and then requests the payment of an income amount from this GIA or a redemption of this GIA, then redemption fees may apply. If the contractholder chooses a non-redeemable GIA as an investment vehicle for this plan and then requests a redemption of this GIA then SSQ may not process the redemption request unless it proceeds by applying redemption fees at its own discretion. SSQ proceeds with payment in cash within 60 days of receipt of the duly completed request. In the case of a transfer to another financial institution, the time period is 30 days. These time periods are subject to any specific deadlines imposed under applicable pension legislation in accordance with the province, territory or jurisdiction in question. Notwithstanding the redemptions and transfers that may be made according to pension legislation, SSQ keeps the amount required under paragraph 146.3 (2) (e) of the Income Tax Act (Canada) in order to guarantee payment of the minimum income amount during the year. When a redemption or transfer is permitted under applicable pension legislation, the contractholder who would like to carry out such a transaction must submit a written statement in the manner prescribed under this legislation. Any redemption permitted under applicable pension legislation will be paid in a lump sum to the contractholder. SSQ is entitled to rely on the information that you provide it with when you make your redemption or tran...
General Points. Subject to the transfers and redemptions permitted under applicable pension legislation and as long as the minimum income amount has been paid, the value of the contract associated with the SSQ LIF may be converted at any time, in whole or in part, to a life annuity guaranteed by an insurer, immediate or deferred, with or without a guaranteed term, subject to the provisions provided for under this same legislation. The life annuity may include a guaranteed term not exceeding a number of years equal to 90, less the age of the contractholder (in whole years) at the time of conversion or, if the spouse is younger than the contractholder and this latter so decides, less the age of the spouse (in whole years) also at the time of conversion. SSQ transfers the value of the contract associated with the SSQ LIF after having ensured that the minimum income amount set out under the Income Tax Act (Canada) has been paid to the contractholder. Annuity payments must be in the form of equal payments, made annually or at more frequent intervals, until such time as there is a payment stemmingfromatotalorpartialconversionofthe retirement income according to the provisions of the Income Tax Act (Canada). However, annuity payments may vary if each amount payable is uniformly increased by reason of an index or a rate permitted under the Income Tax Act or a rate provided for in the contract or uniformly adjusted by reason of a seizure effected on the rights of the contractholder, a redetermination of the contractholder’s pension, partition of the contractholder’s rights with the spouse, payment of a temporary pension under the conditions provided for under pension legislation where applicable, or any other option set out under applicable pension legislation and in compliance with the Income Tax Act (Canada). In addition, the life annuity must be established for the whole life of the contractholder and the spouse as described in greater detail under the particularities provided hereafter. No benefit provided for under the life annuity, immediate or deferred, may be assigned, charged, alienated or redeemed, nor promised in payment or given as security. Any transaction related to one of these operations shall be null and void, subject to the exceptions stipulated under applicable pension legislation or under family law. In Newfoundland and Labrador, the property in the SSQ LIF must be converted into a life annuity that meets the requirements of the applicable pension legislation, ...
General Points. 1. Your satisfactory conduct and progress in studies and payment by you of all monies due to the University as and when required by University regulations will at all times be a condition of Registration.
General Points a) The Company agrees that the benefits program in force as outlined in the benefits booklet, at the date of signing of the present agreement, is maintained for the duration of the latter. The cost of such benefits program is paid for by the Company, with the exception of the optional plans offered by the Company for which the eligible employee pays the cost if such coverage is desired. All full-time employees who have six (6) months or more of service will be eligible for the benefits program. All part-time employees who have twelve
General Points. (a) If at any time any one or more of the provisions in this agreement is or becomes invalid, illegal or unenforceable in any respect, the validity, legality or enforceability of the remaining provisions hereof shall not in any way be affected or impaired thereby.
General Points. Contributions are invested in accordance with the investment rules respecting Registered Retirement Income Funds (RRIFs) under the Income Tax Act (Canada) and in accordance with any such rules prescribed under the applicable pension legislation. The contributions that are locked in under the SSQ LIF include interest, gains and losses. No additional non-locked-in monies may be invested nor transferred to an SSQ LIF, unless such additional non-locked-in monies are segregated and maintained as a separate SSQ LIF in accordance with applicable pension legislation. In addition, no contribution governed by the pension legislation of a province or a territory, or governed by federal pension legislation, may be amalgamated with contributions governed by other pension legislation. SSQ warrants the contractholder that it is, and will make every endeavour while this contract exists to remain, on the Superintendent’s of pension list of acknowledged financial institutions for LIFs (if such a list exists as defined under applicable pension legislation).
General Points. 1. Your satisfactory conduct and progress in studies and payment by you of all monies due to the University of Nottingham as and when required by University regulations will at all times be a condition of Registration.
General Points. 3.1.1 The Service Provider‟s adherence to the Implementation Programme detailed within Clause 2 of this Schedule is fundamental to the Contract achieving its stated objectives of returning police officers and prison staff to core duties.
General Points a) Minimum brokerage chargeable to the clients & SUB BROKERS will NOT BE come under master franchisee sharing
