Benefit Payment Date definition

Benefit Payment Date means the date as of which the Participant’s benefit amounts under the Plan shall be payable, as determined in accordance with Section 5.2(d).
Benefit Payment Date means the date the member is paid a benefit which is the first day of the month. Benefits may be paid retroactive to a member's retirement date.
Benefit Payment Date means:

Examples of Benefit Payment Date in a sentence

  • The written general explanation or description regarding any optional forms of benefit available under the Plan shall be provided to a Participant or former Participant no less than 30 days and no more than 90 days before his Benefit Payment Date unless he legally waives this requirement.

  • We calculate the Monthly Benefit Amount for each Benefit Payment Date, as follows: A = (B multiplied by C) divided by 12 Where: A = the Monthly Benefit Amount.

  • The gross amount payable to the Executive on each Benefit Payment Date shall be $600,000 less applicable income and payroll taxes (the "Maximum SERP Benefit"), or, if less than 100% vesting is attained, such lesser amount as shall correspond to the degree of vesting attained.

  • The schedule in the Certificate shows the guaranteed purchase rates for the Initial Benefit Payment Date selected.

  • The amount payable to the Executive on each Benefit Payment Date shall be such amount as shall be necessary to leave the Executive with $200,000 net after the payment of applicable income taxes (the "Maximum SERP Benefit"), or, if less than 100% vesting is attained, such lesser amount as shall correspond to the degree of vesting attained.


More Definitions of Benefit Payment Date

Benefit Payment Date means, for any Participant or Beneficiary of a deceased Participant, the date as of which the first benefit payment from a Participant’s Account is due; provided, however, that the Benefit Payment Date applicable to any amount withdrawn pursuant to Section 8.03 shall not be taken into account in determining the Participant’s Benefit Payment Date with respect to the remainder of his Account.
Benefit Payment Date means the date on which a Member’s or Vested Former Member’s Retirement Benefit is paid to such Member or Vested Former Member in accordance with Section 3.2 or to such Member’s or Vested Former Member’s Designated Beneficiary in accordance with Section 4.1.
Benefit Payment Date means the date on which a Member’s Retirement Benefit is paid to such Member in accordance with Section 3.2 or to such Member’s Designated Beneficiary in accordance with Section 4.1.
Benefit Payment Date means the date specified in Article 12 or properly elected by the Participant (or his Beneficiary) on which his Distributable Benefit is to be paid or commence, determined without regard to any delay in payment caused for administrative reasons.
Benefit Payment Date means each of the dates set forth in a Participant’s Participation Agreement
Benefit Payment Date means the first day of the first period for which an amount is payable as an annuity, or in the case of a benefit payable in the form of a lump sum, the date on which the Trustee disburses the lump sum.
Benefit Payment Date means the date on which the Trustee disburses the cash lump sum.