Sentences with phrase «deferred pension policy»

To use the Vesting Benefit to purchase a Single Premium Deferred Pension policy available at that time to defer the purchase of Immediate Annuity.

Not exact matches

(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.

Life insurance policies can also be used to fund pension, profit - sharing or deferred compensation plans.

Immediate plans are opposite the deferred, where the payment of pension amounts starts as soon as the policy term ends.

Deferred Annuity: IA deferred pension scheme allows you to accumulate a corpus through normal charges or single premium over a poliDeferred Annuity: IA deferred pension scheme allows you to accumulate a corpus through normal charges or single premium over a polideferred pension scheme allows you to accumulate a corpus through normal charges or single premium over a policy term.

Deferred Annuity: A deferred pension scheme allows you to compile a corpus through regular premiums or single premium over a poliDeferred Annuity: A deferred pension scheme allows you to compile a corpus through regular premiums or single premium over a polideferred pension scheme allows you to compile a corpus through regular premiums or single premium over a policy term.

This pension policy can last for a period of 5 - 35 years and you can choose either a deferred annuity or immediate annuity on maturity.

Minimum - In case of purchase of annuity with policy proceeds from any of SUD Life deferred pension plans, the minimum entry age of annuitant is 0 Years.

Purchase Immediate Annuity either from your savings or from the policy proceeds of any Deferred Pension Plan (issued by SUD Life) / National Pension Scheme.

You can use this payout in purchase a Single Premium Deferred Pension Plan, commuting the maturity proceeds or extending the term under the same policy.

A pension plan is a deferred benefit plan wherein a corpus is built over the initial years in the policy.