Broadly Comparable definition

Broadly Comparable means certified by an Actuary as satisfying the condition that there are no identifiable Eligible Employees who would overall suffer material detriment in terms of their future accrual of Pension Benefits under the scheme compared with the NHS Pension Scheme assessed in accordance with Annex A of Fair Deal for Staff Pensions;
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Broadly Comparable means, in respect of a pension scheme, a status demonstrated by the issue of a broad comparability certificate by GAD or as otherwise required by Fair Deal on Staff Pensions;
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Broadly Comparable in respect of a pension scheme, a status demonstrated by the issue by the Government Actuary’s Department of a broad comparability certificate relating to: the [*** insert name of relevant public sector pension scheme ***] (in respect of Transferring Pensionable Customer Employees); or the [*** insert name of relevant public sector pension scheme ***] (in respect of Second Generation Fair Deal Employees).
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Examples of Broadly Comparable in a sentence

  • This must include evidence showing that a certificate from the Government Actuary’s Department certifying that the Supplier’s Scheme is Broadly Comparable will be in force as at the Transfer Date.

  • If the Authority is entitled to terminate this Contract pursuant to Clause 15.5.5 of Schedule 2, the Authority may in its sole discretion instead of exercising its right under Clause 15.5.5 of Schedule 2 permit the Supplier to offer Broadly Comparable Pension Benefits, on such terms as decided by the Authority.

  • Clause 1.2 (Broadly Comparable Pension Benefits) will not be relevant to most contracts.

  • If the Authority in its sole discretion agrees that the Supplier or Sub-contractor need not provide the Eligible Employees with access to the NHS Pension Scheme, the Supplier must ensure that, with effect from the Employee Transfer Date until the day before the Subsequent Transfer Date, the Eligible Employees are offered access to a scheme under which the Pension Benefits are Broadly Comparable to those provided under the NHS Pension Scheme.

  • Transfer Option where Broadly Comparable Pension Benefits are provided As soon as reasonably practicable and in any event no later than twenty (20) Business Days after the Employee Transfer Date, the Supplier must provide the Eligible Employees with the Transfer Option, where a Third Party offered, or the Supplier offers, a Broadly Comparable scheme.

  • Transfer Option As soon as reasonably practicable and in any event no later than twenty (20) Business Days after the Employee Transfer Date, the Supplier must provide the Eligible Employees with the Transfer Option, where a Third Party offered, or the Supplier offers, a Broadly Comparable scheme.

  • Clause 1.2 will apply in the exceptional circumstances where the Authority permits the Supplier to enable relevant staff to have access or continued access to a Broadly Comparable pension scheme.

  • The Supplier must supply to the Authority details of its Broadly Comparable scheme and provide a full copy of the valid certificate of Broad Comparability covering all Eligible Employees, as soon as it is able to do so and in any event no later than twenty eight (28) days before the Employee Transfer Date.

  • Such benefits shall continue to be provided until death-in-service benefits are provided by the Broadly Comparable Scheme.

  • The Supplier must supply to the Authority details of its (or its subcontractor’s) Broadly Comparable scheme and provide a full copy of the valid certificate of Broad Comparability covering all Eligible Employees, as soon as it is able to do so and in any event no later than twenty eight (28) days before the Employee Transfer Date.


More Definitions of Broadly Comparable

Broadly Comparable means in accordance with paragraph 14 of Annex A to the Cabinet Office document ‘Staff Transfers in the Public Sector’ Statement of Practice dated January 2000;
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Broadly Comparable means: in respect of a pension scheme, a status satisfying the condition that there are no identifiable employees who will suffer material detriment overall in terms of future accrual of pension benefits as assessed in accordance with Annex A of New Fair Deal and demonstrated by the issue by the Government Actuary's Department of a broad comparability certificate; and/or in respect of benefits provided for or in respect of a member under a pension scheme, benefits that are consistent with that pension scheme's certificate of broad comparability issued by the Government Actuary's Department, and "Broad Comparability" shall be construed accordingly
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Broadly Comparable means certified by an Actuary as satisfying the condition that there are no identifiable Eligible Employees who would overall suffer material detriment in terms of their future accrual of Pension Benefits under the scheme compared with the Local Government Pension Scheme assessed in accordance with Annex A of Fair Deal for Staff Pensions;
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Broadly Comparable means in accordance with paragraph 14 of Annex A to the Cabinet Office document ‘Staff Transfers in the Public Sector’ Statement of Practice dated January 2000 “Bulk Transfer Liability” means the value of providing Broadly Comparable benefits for the Transferring Members based on the Replacement Contractor’s actuarial assumptions and methodologies “Business Continuity Plan” means the plan to be produced by the Contractor pursuant to Schedule 17 “Business Unit” means any business area within DWP and includes but is not limited to Job Centre Plus, the Pensions Service, the Child Support Agency, the Disability and Carers Service, and Debt Management Service “Change Control Procedure” means the procedures set out in Schedule 9 “Change in Law”
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Broadly Comparable in respect of a pension scheme, a status demonstrated by the issue by the Government Actuary’s Department of a broad comparability certificate relating to the PCSPS;
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Broadly Comparable in respect of a pension scheme, a status satisfying the condition that there are no identifiable employees who will suffer material detriment overall in terms of future accrual of pension benefits as assessed in accordance with Annex A of New Fair Deal and demonstrated by the issue by the Government Actuary’s Department of a broad comparability certificate; and/or in respect of benefits provided for or in respect of a member under a pension scheme, benefits that are consistent with that pension scheme’s certificate of broad comparability issued by the Government Actuary’s Department, and "Broad Comparability" shall be construed accordingly;
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Related to Broadly Comparable

  • Comparable includes a job with a salary range not more than four grid levels below or one grid level above the employee's original classification. Where this definition is used, an employee shall not utilize the displacement/bumping options to obtain a promotion.

  • Comparable Company means global company and deemed by the Calculation Agent to have characteristics comparable to the Companies initially comprising the Reference Portfolio.

  • comparables means information that compares an issuer to other issuers;

  • Historically disadvantaged individuals (HDIs means all South African citizens –

  • Historically Disadvantaged Individual (HDI) - means a South African citizen:

  • Comparable Position means a position where:

  • Historically Disadvantaged Individual (HDI) means a South African citizen -

  • Economically disadvantaged individual means an individual who is either: (1) eligible for services under the Workforce Investment Act of 1988 (WIA) (29 U.S.C.A 2801 et seq.), as determined by the San Francisco Private Industry Council; or (2) designated “economically disadvantaged” for the First Source Hiring Administration, as an individual who is at risk of relying upon, or returning to, public assistance.

  • Industrial radiography means an examination of the structure of materials by the nondestructive method of utilizing ionizing radiation to make radiographic images.

  • Institutionalized individual means an individual who is an inpatient in a nursing facility, who is an inpatient in a medical institution and with respect to whom payment is made based on a level of care provided in a nursing facility or who is eligible for home- and community-based waiver services.

  • information gathering measures means laws and administrative or judicial procedures that enable a Contracting Party to obtain and provide the requested information;

  • Comparable Services means services that are identical or materially similar to the benchmarked Services (including in terms of scope, specification, volume and quality of performance) provided that if no identical or materially similar services exist in the market, the Supplier shall propose an approach for developing a comparable services benchmark;

  • Grade means the average level of finished ground adjoining a building or structure at all exterior walls;

  • Comparable Buildings means the Building and those other life sciences buildings which are comparable to the Building in terms of age (based upon the date of completion of construction or major renovation of to the building), quality of construction, level of services and amenities, size and appearance, and are located in South San Francisco, California and the surrounding commercial area.

  • COVID-19 Measures means any quarantine, “shelter in place”, “stay at home”, workforce reduction, social distancing, shut down, closure or sequester order, guideline, recommendation or Law, or any other applicable Laws, guidelines or recommendations by any Governmental Entity in connection with or in response to COVID-19.

  • Sadomasochistic abuse means actual or explicitly simulated flagellation or torture by or upon a person who is nude or clad in undergarments, a mask or bizarre costume, or the condition of being fettered, bound or otherwise physically restrained on the part of one so clothed.

  • equivalence means the state wherein mandatory requirements applied in the exporting Party, though different from the mandatory requirements applied in the importing Party, meet the legitimate objective of the mandatory requirements applied in the importing Party;

  • Stable means that a rating is not likely to change

  • Pharmaceutical means any compound or mixture, other than food, used in the prevention, diagnosis, alleviation, treatment, or cure of disease in human and animal.

  • Socially and economically disadvantaged individual means any individual who is a citizen (or lawfully admitted permanent resident) of the United States and who is —

  • Radiopharmaceutical means any drug that exhibits spontaneous disintegration of unstable nuclei with the emission of nuclear particles or photons and includes any non-radioactive reagent kit or radionuclide generator that is intended to be used in the preparation of any such substance, but does not include drugs such as carbon-containing compounds or potassium-containing salts that include trace quantities of naturally occurring radionuclides. The term also includes any biological product that is labeled with a radionuclide or intended solely to be labeled with a radionuclide.

  • Socially and Economically Disadvantaged Individuals means those individuals who are citizens of the United Stated (or lawfully admitted permanent residents) and who are women, Black Americans, Hispanic Americans, Native Americans, Asian-Pacific Americans, or Asian-Indian Americans and any other minorities of individuals found to be disadvantaged by the Small Business Administration pursuant to Section 8 (a) of the Small Business Act, RIPTA shall make a rebuttal presumption the individuals in the following groups are socially and economically disadvantaged. RIPTA may also determine, on a case-by-case basis, that individuals who are not a member of one of the following groups are socially and economically disadvantaged:

  • Primary sector business means an individual, corporation, limited liability company,

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Using shall have the meaning as defined in the Master Agreement.

  • Diagnostic mammography means a method of screening that