Allocation Schemes definition

Allocation Schemes means the allocation schemes offered by the Pension Fund Manager from time to time in conformity with the Prescribed Allocation scheme agreed with the Commission/Employer.

Examples of Allocation Schemes in a sentence

  • They shall only be redeemable in case of retirement (including retirement in the instance of disability), premature encashment/redemption, death of the Participant, and change of pension fund manager, change of Allocation Schemes and/or rebalancing of the portfolio/ Allocation Schemes.

  • Each Participant will select any one of the approved Allocation Schemes as provided in clause 6.6, for allocation of their contributions between the Sub-Funds.

  • The Pension Fund shall have different Allocation Schemes that may be specified by the Commission from time to time.

  • The Participant shall have the option to select any one of the Allocation Schemes offered by the Pension Fund Manager.

  • However, every Participant will decide about their investment in the Units of the Sub-Funds by using their preference for the selection of the Allocation Schemes offered by the Pension Fund.

  • The Pension Fund Manager shall make re-allocation of the Sub-Fund Units between the Sub-Funds at least once a year to ensure that allocations of Sub-Fund Units of all the Participants are according to the Allocation Schemes selected or deemed to be selected by the Participants.

  • The Pension Fund Manager may add more Allocation Schemes in the existing or additional Sub-Funds, after five years of operations, with the prior approval of the Commission.

  • Up to two additional Allocation Schemes may be approved in the first 5 years.

  • The Rules require the Pension Fund Manager to offer at least four (4) Asset Allocation Schemes for the Participants to choose from.

  • The Pension Fund Manager shall make re-allocation of the Sub-Fund Units between the Sub- Funds at least once a year to ensure that allocations of Sub-Fund Units of all the Participants are according to the Allocation Schemes selected or deemed to be selected by the Participants.

Related to Allocation Schemes

  • Plan of Allocation means the proposed plan of allocation of the Net Settlement Fund set forth in the Notice.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;