Common use of Mandatory Participation Clause in Contracts

Mandatory Participation. Except where the pension administrator has granted an exemption, the employee is obliged to participate in the pension scheme of Stichting Pensioenfonds van de Metalektro, hereinafter called the Metalektro Pension Fund or PME.

Mandatory Participation. Except where the pension administrator has granted an exemption, the employee is obliged to participate in the pension scheme of Stichting Pensioenfonds van de MetalektroPME pensioenfonds, hereinafter called the Metalektro Pension Fund or PME.