Sentences with phrase «existing pension scheme»

Besides the existing pension scheme, those interested can also go for a separate account for their pension, which is completely withdraw - able whenever the employee sees it fit.

Most did so from their existing pension scheme provider, which made it an uncompetitive licence to print money.

Most did so from their existing pension scheme provider, which made it an uncompetitive licence to print money.

The sale or purchase of a business or company will often have a pensions dimension and advice will be required on the contractual obligations of the seller and the purchaser around any existing pension schemes, what future pension provision is required and any compliance risks a purchaser may be acquiring.

Not exact matches

This came hot on the heels of a warning from the National Association of Pension Funds that we are likely to see final salary schemes being closed even to existing members.

She likened the unfunded schemes covering teachers and nurses to a «Ponzi scheme» that depends on contributions from existing staff to fund pension payments.

The scheme has to be fully funded (i.e. employer contributions must be set to meet 100 % of existing and prospective pension liabilities including pension increases) or have a plan to become so.

The centrepiece of his conclusions is that the existing final salary public service pension schemes be replaced by schemes where an employee's pension entitlement is still linked to their salary but is related to their career average earnings.

Existing retirees (i.e. those who are receiving pension from a recognized scheme), foreigners who have chosen to partake in the Contributory Pension Scheme and persons who are members of Closed Pensionpension from a recognized scheme), foreigners who have chosen to partake in the Contributory Pension Scheme and persons who are members of Closed PensionPension Scheme and persons who are members of Closed PensionPension Funds.

Green has agreed to provide funding for a new pension scheme to give the 19,000 members of the existing BHS pension schemes the option of the same starting pension that was promised by BHS, and higher benefits than they would have received from the Pension Protection Fundpension scheme to give the 19,000 members of the existing BHS pension schemes the option of the same starting pension that was promised by BHS, and higher benefits than they would have received from the Pension Protection Fundpension schemes the option of the same starting pension that was promised by BHS, and higher benefits than they would have received from the Pension Protection Fundpension that was promised by BHS, and higher benefits than they would have received from the Pension Protection FundPension Protection Fund (PPF).

A generous pension scheme can be a valuable tool in retaining existing staff while attracting the best talent;

Usually, the pension credits are transferred out of the original scheme and into an entirely new pension scheme, although sometimes the pension credit may be transferred into a new pension within the existing scheme.

During the campaign to protect the existing DB arrangement, unions mentioned the profits the drinks company was making and how these compared with the pension scheme.

The Tier II account of new pension schemes can not exist without an active Tier I account.

Despite that, existing LIC senior citizen pension schemes current rates of annuity, 8 per cent, seems attractive.