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.