Examples of Buyer Pension Plan in a sentence
Notwithstanding any other provision of this Agreement, the Seller Pension Plan will continue to make all benefit payments to Transferred Employees and Other Plan Participants due under the Seller Pension Plan until both the Initial Transfer Amount and the True-Up Amount have been transferred to the Buyer Pension Plan.
For the avoidance of doubt, Transferred Employees shall not be eligible for the “Pension Transition Percentage Credit” payable under the Buyer Pension Plan.
By comparison, the Pontiac Sunfire (in the same Small Car Class as the 4-door hybrid), gets 24 mpg city and 33 mpg highway and emits 6.9 tons CO2/year.
The Buyer Pension Plan also will grant service for benefit accrual service equal to the number of years of benefit accrual service for those Transferred Employees who have an accrued benefit in the BP RAP and may provide that the age 65 single life annuity payable to Transferred Employees under the Buyer Pension Plan may be offset by the amount of the age 65 single life annuity payable to such Transferred Employees under the BP RAP.
Each Dex Pension Participant who is a participant in the Qwest Pension Plan as of the Closing Date shall become a participant in the Buyer Pension Plan as of the Closing Date.