Benefit Limitations definition

Benefit Limitations means the limitations, if any, on benefits payable to or in respect of an employee under the Pension Plan (i) pursuant to Section 415 or Section 401(a)(17) of the Code and any regulations promulgated with respect thereto or (ii) resulting from any exclusion from Basic Earnings (as defined in the Pension Plan) attributable to the deferral, pursuant to the Deferral Program, by such employee of Cash Incentive Payments, Salary or Compensation (as each such term is defined in the Deferral Program) otherwise payable currently.

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Benefit Limitations means (i) the limitation imposed by section 401(a)(17) of the Code on the amount of an Eligible Employee's annual compensation that may be taken into account in computing the Eligible Employee's pension benefit under the Retirement Plan and (ii) the limitations imposed by section 415 of the Code on the amount of the pension benefit payable to an Eligible Employee under the Retirement Plan.

Benefit Limitations means the limitations prescribed by Sections 415 and 401(a)(17) of the Code and relevant provisions of the Pension Plan in the calculation of retirement benefits under the Pension Plan.

Examples of Benefit Limitations in a sentence

• The existence of any claim or cause of action by Employee against the Company or any of its affiliates, whether predicated on the Agreement or otherwise, will not constitute a defense to the enforcement by the Company of the provisions of Sections 7, 8 or the Section 9, which Sections will be enforceable notwithstanding the existence of any breach by the Company.

• Benefit Limitations 91 Major Disasters 91 Prior Authorization 91 Exclusions 92 This Section lists services that are not Covered for certain Benefits in your Health Benefits Plan.

• Benefit Limitations 72 Coverage While Away From the Service Area 72 Major Disasters 72 Prior Authorization 72 This Section lists Health Care Services that are not Covered for certain benefits in your Health Benefits Plan.

• Benefit Limitations 93 Major Disasters 93 Prior Authorization 93 Exclusions 94 This Section lists services that are not Covered for certain Benefits in your Health Benefits Plan.

• Benefit Limitations This benefit has one or more exclusions as specified in the Exclusions Section.

More Definitions of Benefit Limitations

Benefit Limitations means the limitations imposed on the Pension Plan by Sections 401(a)(17) and 415 of the Code.

Benefit Limitations means the limitations, if any, on benefits payable to or in respect of an employee under the Pension Plan (i) pursuant to Section 415 or Section 401(a)(17) of the Code and any regulations promulgated with respect

Benefit Limitations means the limitations on benefit accruals under the Retirement Plan as set forth in Section 2.1.

Benefit Limitations means the Code limits applicable to qualified plans such as the Retirement Savings Plan including but not limited to (a) maximum amount of "annual additions" which could have been made to an Employee's accounts under the Retirement Savings Plan in accordance with Section 415 of the Code; (b) the maximum compensation considered for plan purposes in accordance with Section 401(a)(17) of the Code; (c) the maximum aggregate amount of nontaxable contributions

Benefit Limitations means (i) the limit on compensation that can be taken into account in calculating qualified plan benefits under Section 401(a)(17) of the Code; and (ii) the maximum benefit limits under Section 415 of the Code.

Benefit Limitations means the limitations, if any, on benefits payable to or in respect of an

Benefit Limitations means (a) the maximum aggregate amount of "annual additions" which could have been made to an Employee's accounts under the SIP