Pensions on Transfer of Employment on Exit Sample Clauses
The "Pensions on Transfer of Employment on Exit" clause outlines how pension rights and obligations are handled when employees are transferred to a new employer as part of an exit or business transfer. Typically, this clause specifies whether the new employer must provide comparable pension benefits, how accrued pension rights are protected, and the process for transferring pension scheme membership or liabilities. Its core function is to ensure continuity and protection of employees' pension entitlements during organizational changes, thereby minimizing the risk of disputes and safeguarding employee benefits.
Pensions on Transfer of Employment on Exit. 1.15.1 In the event of any termination or expiry or partial termination or expiry of this Contract which results in a transfer of the Eligible Employees, the Supplier must (and if offering a Broadly Comparable scheme, must use all reasonable efforts to procure that the trustees or managers of that pension scheme must):
(i) not adversely affect pension rights accrued by the Eligible Employees in the period ending on the Subsequent Transfer Date;
(ii) within thirty (30) Business Days of being requested to do so by the Authority or Successor, (or if the Successor is offering Eligible Employees access to the NHS Pension Scheme, by NHS Pensions), provide a transfer amount calculated in accordance with Clause 1.6 of this Part D of this Schedule 7; and
(iii) do all acts and things, and provide all information and access to the Eligible Employees, as may in the reasonable opinion of the Authority be necessary or desirable and to enable the Authority and/or the Successor to achieve the objectives of Fair Deal for Staff Pensions.
Pensions on Transfer of Employment on Exit. In the event of any termination or expiry or partial termination or expiry of this Contract which results in a transfer of the Eligible Employees, the Supplier must (and if offering a Broadly Comparable scheme, must use all reasonable efforts to procure that the trustees or managers of that pension scheme must):
Pensions on Transfer of Employment on Exit. 1.15.1 In the event of any termination or expiry or partial termination or expiry of this Contract which results in a transfer of the Eligible Employees, the Supplier must (and if offering a Broadly Comparable scheme, must use all reasonable efforts to procure that the trustees or managers of that pension scheme must):
(i) not adversely affect pension rights accrued by the Eligible Employees in the period ending on the Subsequent Transfer Date;
(ii) within thirty (30) Business Days of being requested to do so by the Authority or Successor, (or if the Successor is offering Eligible Employees access to the NHS Pension Scheme, by NHS Pensions), provide a transfer amount calculated in accordance with Clause 1.6 of this Part D of this Schedule 7; and
(iii) do all acts and things and provide all information and access to the Eligible Employees, as may in the reasonable opinion of the Authority be necessary or desirable and to enable the Authority and/or the Successor to achieve the objectives of Fair Deal for Staff Pensions. Subject matter of the Processing The contact information for the delegates participating in the University of ▇▇▇▇ ▇▇▇▇▇▇, and relevant identifiable coursework to ascertain Accreditation of Prior Learning (APL) or completion of the qualification. Duration of the Processing The term of the contract. Nature and purposes of the Processing The collection, recording, organisation, storage, adaptation or alteration, retrieval, use, disclosure by transmission, dissemination or otherwise making available, alignment or combination, erasure, or destruction of data. Type of Personal Data Name, address, date of birth, telephone number, images. Categories of Data Subject Staff of ▇▇▇, Educational Supervisors or other learners as recruited by ▇▇▇. Plan for return and destruction of the data once the Processing is complete UNLESS requirement under union or member state law to preserve that type of data data The data will be held for the duration of the Module and any relevant information regarding assessment and awarding of qualifications will be retained as per the University’s student dataprotection protocol. Any other data will be removed from any databases and all copies destroyed.
Pensions on Transfer of Employment on Exit. 1.15.1 In the event of any termination or expiry or partial termination or expiry of this Contract which results in a transfer of the Eligible Employees, the Supplier must (and if offering a Broadly Comparable scheme, must use all reasonable efforts to procure that the trustees or managers of that pension scheme must):
(i) not adversely affect pension rights accrued by the Eligible Employees in the period ending on the Subsequent Transfer Date;
(ii) within thirty (30) Business Days of being requested to do so by the Authority or Successor, (or if the Successor is offering Eligible Employees access to the NHS Pension Scheme, by NHS Pensions), provide a transfer amount calculated in accordance with Clause 1.6 of this Part D of this Schedule 7; and