Pension payment definition

Pension payment means a pension, retirement, annuity, or other similar payment made to a claimant, based on the pre- vious work of that claimant, whether or not payable on a periodic basis, from a governmental or other retirement system maintained or contributed to by an employer from which that claimant has base period wages, other than a payment received under the fed- eral Social Security Act (42 USC 301 et seq.) that is based in whole or in part upon taxes paid by the claimant.
Pension payment means a pension, retirement, annuity or other similar payment made to a claimant, based on the pre- vious work of that claimant, whether or not payable on a periodic basis, from a governmental or other retirement system maintained or contributed to by an employer from which that claimant has base period wages.
Pension payment means a payment of up to £5,000,000 (or its equivalent) as set out in the Base Case Model.

Examples of Pension payment in a sentence

  • You can increase, reduce and/or ask us for an extra one-off flexi-access Drawdown Pension payment.

  • Subject to the maximum limit, you can increase, reduce and/or ask us for an extra one-off capped Drawdown Pension payment.

  • All Pension payments shall become due and payable on the last day of each calendar month, provided the initial Pension payment shall be computed as the pro rata of the amount of Pension corresponding to the fraction of the month elapsed since the effective date of retirement.

  • Pension payment standards: Old System: Two units of radix shall be given when reaching one service year.

  • Payment shall be prepared and issued to such organizations by LAFPP after the close of each respective Pension payment period.


More Definitions of Pension payment

Pension payment means the pension payment of £1,392,000 to be made immediately before Completion such payment representing a settlement as calculated by reference to the funding deficit in the Live Nation Pension Scheme as measured on an ongoing basis as at 1 April 2009 with such payment having been made by the Target to the trustees of the Live Nation Pension Scheme using funds provided to the Target by the Seller’s Group recognising that less than 10% of the members of the Live Nation Pension Scheme are current employees of the Target and that the majority of members of the Live Nation Pension Scheme are not (or as the case may be were not) employed at any of the Properties and instead provide or provided (as the case may be) their services in respect of other venues either owned or managed or formerly owned or managed by either the Target or the Seller’s Group.
Pension payment means the pension payment of £1,392,000 to be made immediately before Completion such payment representing a settlement as calculated by reference to the funding deficit in the Live Nation Pension Scheme as measured on an ongoing basis with such payment having been made into the Live Nation Pension Scheme in recognition that less than 10% of the current members in the Live Nation Pension Scheme are themselves current employees of the Target and that the majority of members of the Live Nation Pension Scheme are not (or as the case may be were not) employed at any of the Properties and instead provide or provided (as the case may be) their services in respect of other venues either owned or managed or formerly owned or managed by either the Target or the Seller’s Group.
Pension payment means an employer contribution to the UK DB Plan, whether paid in one lump sum or in a series of instalments, to provide mitigation for any perceived detriment caused to the UK DB Plan by the Transaction other than any ordinary course deficit reduction payment made under the schedule of contributions agreed under section 227 of the Pensions Xxx 0000;
Pension payment means the amount, if any, for which Sandwich or its successor is or would be liable to the Co-operative Banks Employees Retirement Association in connection with the cessation of Sandwich's participation in said Association's pension plan and its complete withdrawal from said pension plan.
Pension payment means an employer contribution to the UK DB Plan, whether paid in one lump sum or in a series of instalments, to provide mitigation for any perceived detriment caused to the UK DB Plan by the Transaction other than any ordinary course deficit reduction payment made under the schedule of contributions agreed under section 227 of the Pensions Act 2004;
Pension payment means a payment specified in Section 29C in respect of any contribution year commencing on or after 1 January, 2003.
Pension payment means the payment to the trustee of the Global Marine Systems Pension Plan in the amount of Twenty- Four Million, Four Hundred Thousand Pounds Sterling (£24,400,000).