participating employer

participating employer
An employer that participates in an occupational pension scheme. Unless a scheme is winding up, participating employers must pay contributions to the scheme, as required by the scheme's governing trust deed. See also principal employer.
Related links
multi-employer scheme (multi-employer pension schemes)

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • employer debt — In the context of pensions, the statutory debt arising under section 75 of the Pensions Act 1995. Also known as a section 75 debt, an employer that participates in a defined benefit scheme may owe an employer debt to the scheme s trustees if the… …   Law dictionary

  • Employer transportation benefits in the United States — An employer may provide transportation benefits to their employees that are tax free up to a certain limit. Under the US Internal Revenue Code section 132(a), the qualified transportation benefits is one of the eight types of statutory employee… …   Wikipedia

  • multi-employer scheme — An occupational pension scheme that has more than one participating employer. Multi employer schemes are either segregated, meaning that the scheme assets may only be used for a particular section of the scheme, or non segregated, in which case… …   Law dictionary

  • principal employer — occupational pension schemes must identify one of the participating employers as the principal employer. It is usually the employer establishing the scheme or the parent company in a multi employer scheme. The scheme s principal employer will… …   Law dictionary

  • multiple employer plan — USA An employee benefit plan maintained by more than one employer that is not maintained in accordance with a collective bargaining agreement with a labor union. At least one of the participating employers does not share sufficient ownership with …   Law dictionary

  • withdrawal arrangement — An arrangement that a participating employer in a defined benefit pension scheme (defined benefit scheme) may enter into with the trustees of the scheme when it withdraws from participation. The aim of the arrangement is to reduce the amount of… …   Law dictionary

  • Wells Fargo — ] However, on Oct 9, 2008, Citigroup announced that they would no longer try to block the merger and Wells Fargo bought all of Wachovia. [http://news.yahoo.com/s/ap/20081010/ap on bi ge/citigroup wachovia; ylt=Au.LOFdC.8Fk XdXxm2lM qyBhIF]… …   Wikipedia

  • active member — A member of a pension scheme who is in the employment of a participating employer and accruing benefits under the scheme. Related links deferred pensioner pensioner member Pensions O …   Law dictionary

  • solidarity —    participating in a strike on behalf of others    The word was used, as in modern Poland, for the coming together of workers in a single bargaining unit, whence support for other employees in dispute with their employer …   How not to say what you mean: A dictionary of euphemisms

  • Social Protection — ▪ 2006 Introduction With medical costs skyrocketing and government programs scaled back, citizens bore more responsibility for their health care costs; irregular migration, human trafficking, and migrant smuggling posed challenges for… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”