subsisting rights

subsisting rights
The subsisting rights of an occupational pension scheme member are the member's entitlements (pensions and any other benefits already in payment) and accrued rights under the rules of the pension scheme.
The member's accrued rights at a particular point in time consist of the value of the benefits accrued to him calculated as if immediately before that time the member's pensionable service terminated.
For these purposes a member includes the surviving spouse, civil partner, child or other dependant of a deceased member.
Related links
multi-employer scheme (multi-employer pension schemes)

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

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Authors' rights — Rights Theoretical distinctions Natural and legal rights Claim rights and liberty rights Negative and positive rights Individual an …   Wikipedia

  • List of Statutory Instruments of the United Kingdom, 2007 — This is an incomplete list of Statutory Instruments of the United Kingdom in 2007. NOTOC 1 100* Cider and Perry and Wine and Made wine (Amendment) Regulations 2007 S.I. 2007/4 * Customs and Excise (Personal Reliefs for Special Visitors)… …   Wikipedia

  • List of Statutory Rules of Northern Ireland, 2007 — This is an incomplete list of Statutory Rules of Northern Ireland in 2007.1 100* Rates (Industrial Hereditaments) (Amendment) Order (Northern Ireland) 2007 S.R. 2007 No. 1 * Rates (Payment by Owners by Agreement) (Amendment) Order (Northern… …   Wikipedia

  • detrimental modification — In relation to occupational pension schemes, a variation to the terms of the pension scheme which would or might adversely affect the subsisting rights of any member (or the surviving spouse, civil partner, child or dependant of the member) is a… …   Law dictionary

  • protected modification — In relation to occupational pension schemes, a modification to the terms of the pension scheme is a protected modification if it would or might: • Change a member s subsisting rights from a defined benefit nature (defined benefit scheme) to a… …   Law dictionary

  • Crown copyright — is a form of copyright claim used by the governments of a number of Commonwealth realms. It provides special copyright rules for the Crown (i.e., state entities). Contents 1 Crown copyright by country 1.1 Australia 1.2 Canada …   Wikipedia

  • Christianity — /kris chee an i tee/, n., pl. Christianities. 1. the Christian religion, including the Catholic, Protestant, and Eastern Orthodox churches. 2. Christian beliefs or practices; Christian quality or character: Christianity mixed with pagan elements; …   Universalium

  • Economy of the People's Republic of China — Economies of Special Administrative Regions of Hong Kong and Macau are administered separately from the rest of People s Republic of China. Therefore, the information below pertains only to mainland China unless specified otherwise. For the… …   Wikipedia

  • Consumer Credit Act 1974 — United Kingdom Parliament Long title An Act to establish for the protection of consumers a new system, administered by the Director General of Fair Trading, of licensing and other control of traders concerned with the provision of credit, or the …   Wikipedia

  • interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …   Law dictionary

Share the article and excerpts

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