Bridging Benefit definition

Bridging Benefit means the portion of the Pension which ceases at the end of the month during which the Teacher, Deferred Pensioner or Pensioner reaches or would have reached age 65.

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Bridging Benefit means a periodic payment the Plan provides to a Member for a temporary period of time after retirement, as described in Sections 6.02 and 6.03.

Bridging Benefit means a periodic payment provided under a pension plan to a former member of the pension plan for a temporary period of time after retirement for the purpose of supplementing the former member’s pension benefit until the former member is eligible to receive benefits under the Old Age Security Act (Canada) or is either eligible for or commences to receive retirement benefits under the Canada Pension Plan or the Quebec Pension Plan; (“prestation de raccordement”)

Examples of Bridging Benefit in a sentence

From and after the Time of Distribution, none of Rockwell or the Rockwell Subsidiaries or their Affiliates will have any Liabilities with respect to the Canadian Automotive Bridging Benefit Plans.
The Canadian Automotive Bridging Benefit Plans will be maintained in forms substantially similar in all material respects to the forms in which they existed immediately prior to the Time of Distribution for a period of at least one year following the Time of Distribution.
Rockwell and Automotive will take, or cause to be taken, all such action as may be necessary or appropriate to establish, effective as of the Time of Distribution, Automotive Canada as successor to Rockwell and the Rockwell Subsidiaries as to all rights, duties and Liabilities under, or with respect to, the Canadian Automotive Bridging Benefit Plans.

More Definitions of Bridging Benefit

Bridging Benefit means a bridging benefit as defined in the Pension Benefits Act; “defined benefit” means a defined benefit as defined in the Pension Benefits Act;

Bridging Benefit. ' means a periodic payment provided under a pension plan to a deferred or retired member of the pension plan, for a temporary period after retirement for the purpose of

Bridging Benefit means a bridging benefit as defined in the Pension Benefits Act;

Bridging Benefit means a periodic payment provided under a pension plan to a retired member of the pension plan for a

Bridging Benefit means a periodic payment provided under a pension plan to a retired member of the pension plan for a temporary period of time for the purpose of supplementing his or her pension benefit until he or she is eligible to receive benefits under the Old Age Security Act (Canada) or is either eligible for or begins to receive retirement benefits under the Canada Pension Plan or the Quebec Pension Plan; (“prestation de raccordement”)