Sentences with phrase «accrued benefit under»

Not exact matches

The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.

plans, e.g., 401 (k) Plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.

The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and

(Press Release) Concerned about the plight of pensioners who retired under the Contributory Pension Scheme without being paid, the Federal Government has cleared the inherited arrears of accrued pension benefit for the year 2014, 2015 and 2016 by releasing N41.5 billion to the National Pension Commission (PENCOM) for onward payment to the retirees, Minister of Finance, Mrs. Kemi Adeosun has disclosed.

«Moreover, we followed patients for an average of just under three years, and our event curves continue to spread out over time, suggesting that the benefit continues to accrue over time.»

Under a community - based tourism arrangement, unique benefits accrue to both the traveler and the hosts: Travelers usually accustomed to chain hotels and beachfront resorts discover local habitats and wildlife and learn about traditional cultures and the economic realities of life in developing countries.

Under what's known as the «California Rule,» the Golden State's constitution protects the right of workers, from their first day on the job, to accrue future benefits.

Under DB plans, individual benefits are not tied to contributions, so the pension fund as a whole is supposed to accumulate enough money to pay for the accrued liabilities.

An eligible employee may transfer from the Florida Retirement System to his or her accounts under the State Community College Optional Retirement Program a sum representing the present value of his or her service credit accrued under the defined benefit program of the Florida Retirement System for the period between his or her first eligible transfer date from the defined benefit plan to the optional retirement program and the actual date of such transfer as provided in s. 121.051 (2)(c) 7.

While the amount we're able to accumulate for retirement on tax - free basis in an RRSP is supposed to be equivalent to the amount of pension benefits that can be accrued under a defined benefit pension plan, the reality is that the «majority of Canadians who save for retirement in (RRSPs are) at a major disadvantage,» says a new report out this week from the C.D. Howe Institute.

The reliefs available under this paragraph shall not exceed the reliefs that would be allowed by the other State to residents of that State for contributions to, or benefits accrued under, a pension scheme established in that State.

Repayment under the standard repayment plan is typically expected to be completed within 10 years; the return on investment from training may well be experienced over a lifetime, but benefits ultimately available over a lifetime may not accrue soon enough to enable the individual to repay the student loan debt under and within the schedules available under the title IV, HEA programs.

The interest sparked by the presence of so many exhibitors under one roof accrues to the Gallery's benefit.

After all, only the EIGs constituted under Spanish law could benefit from the tax benefits accruing from the STL regime (see recitals 15 - 19 of the Decision).

2011:1 If a Party considers that the application of any measure, whether or not such a measure conflicts with the provisions of this Agreement, causes nullification or impairment of any benefit reasonably expected to accrue to that Party, directly or indirectly under the provisions of this Agreement, that Party may, with a view to satisfactory resolution of the matter, invoke the consultation provisions of Article 1804 and, if it considers it appropriate, proceed to dispute settlement pursuant to Articles 1805 and 1807....

Under the current regime unless an employee accrues 600 insurable hours of work (that is unless she works 16 weeks at 37.5 hours a week) before being let go, that employee is ineligible for employment insurance benefits.

Whether the conditions for the making of a disclosure order under the Proceeds of Crime Act 2002 existed or did not exist was essentially a question of fact, the question being whether there were «reasonable grounds for believing» that the material relied upon by the Serious Organised Crime Agency was likely to be of substantial value and that it was in the public interest that the material should be produced or that access to it should be given having regard to: (a) the benefit likely to accrue to the civil recovery investigation if the material was obtained; and (b) the circumstances under which the person concerned had any of the material in his possession, power or control (criteria (a) and (b)-RRB-.

Under the rules of Swansea University's Pension Scheme, he was allowed to take his accrued pension benefits immediately, and without any actuarial reduction for early receipt, rather than having to wait until his normal pension date nearly twenty - nine years later.

~ Sick bank credits accruing to employee under contract of employment not constituting «insured benefit» under Motor Vehicle (Insurance) Regulation — Insurer not entitled to deduct sick bank credits from loss of income award in personal injury action ~

«The court shall make an order under this paragraph if, but only if, it is satisfied that any prejudice caused by the order --(a) is capable of being adequately compensated for by money; or (b) is outweighed by the benefit accruing from the order to the persons whose access to a telecommunication system will be secured by the order; and in determining the extent of the prejudice, and the weight of that benefit, the court shall have regard to all the circumstances and to the principle that no person should unreasonably be denied access to a telecommunication system...»

Survival benefits under the plan start to accrue once the insured attains 61 years of age @ 7.5 % of the Guaranteed Maturity Sum Assured and continues for 15 years thereafter.

The plan will continue unaffected and the benefits as promised under the plan will accrue as and when they fall due.

Portability: Easy Health policy offers you transfer the accrued benefits and make due allowances for waiting periods as per guidelines on portability if you are insured continuously and without interruption under an indemnity based health insurance policy of any Indian non-life insurer and you want to shift to us on renewal.

Portability: If you are insured under any other health insurance policy of Non-life insurer, you can shift to Bajaj Allianz Health Guard Individual policy with all your accrued benefits after due allowances for waiting periods.

Any benefit accrued under a single 3 month period does not accumulate to another period.

One third of the accrued benefits or the maximum allowed under Income Tax Act as amended from time to time, as allowed by the Scheme rules, may be commuted.

Under this rider, in case of accidental disability, the future premiums are waived off but the plan continues till maturity or death paying the promised benefits as and when they accrue.

In other words, most life insurance agents are fixated on the death benefit only, and thus operate under the mistaken idea that a cash value life policy will take at least 10 years to mature and begin to accrue adequate cash value for self financing.

Tata AIA Life Insurance MahaLife Magic is a traditional participating Endowment Assurance plan under which premium needs to be paid for a limited time and the benefits accrue later.

Portability: If you are insured under any other health insurance policy of Non-life insurer you can transfer to Bharti AXA Critical Illness Insurance Policywith all your accrued benefits after due allowances for waiting periods.

Portability - If you are insured under any other health insurance policy of Non-life insurer you can transfer to HDFC Ergo My: health Medisure Prime Insurance Policy with all your accrued benefits after due allowances for waiting periods.

Portability - If you are insured under any other health insurance policy of Non-life insurer you can transfer to HDFC Ergo My: health Medisure Classic Insurance Policy with all your accrued benefits after due allowances for waiting periods.

Portability: If you are insured under any other health insurance policy of Non-life insurer then you can transfer to Bajaj Allianz Health Guard Individual policy with all your accrued benefits after due allowances for waiting periods.

Classic: Under this option, if the insured dies during the policy term, the insured shall be paid basic death benefit plus accrued guaranteed additions plus accrued bonuses, if any

If the insured person survives the tenure of the policy, he / she would be paid Sum Assured + accrued Reversionary Bonus + Final Addition Bonus (if any) under the maturity benefits and the policy terminates there and then.

Benefit on Vesting would be provided under the policy in full force, on vesting an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be made available to the Life Assured.

Under maturity benefit, accrued bonuses (mainly compound revisionary and terminal) will be paid once the policy matures.

Once declared, this bonus gets accrued to the policy and become guaranteed benefit to be payable under the policy.

The death benefit paid under the plan is the sum assured plus the accrued bonus (if it is a with profit endowment policy) or only sum assured (if it is a non profit endowment policy) where as maturity benefits are sum assured plus accumulated bonus or guaranteed additions by the insurer.