DC Hourly Plan definition

DC Hourly Plan means the Defined Contribution Hourly Pension Plan.

Examples of DC Hourly Plan in a sentence

  • You may retire as early as age 55 under the DC Hourly Plan provided you give the Company two months’ notice.

  • A surviving spouse and surviving dependents under the DC Hourly Plan also receive, at Company cost: • Prescription drugs at 100% coverage • Dental Plan coverage until the spouse reaches age 60 or there are no dependent children, whichever occurs last.

  • Such entitlement ceases upon reaching eligibility for an unreduced pension (i.e. age 58 or 30 pension credits) or age 62 if member of DC Hourly Plan.

  • However no further credited service will be accrued in the DB Hourly Plan beyond your transfer date to the DC Hourly Plan.

  • Hourly employees hired after December 31, 2010 are members of the DC Hourly Plan on their date of hire.

  • The actual terms of the DC Hourly Plan and the laws of Ontario shall govern in the event of any discrepancy between them and this summary.

  • Defined Contribution Pension Plan for Hourly Employees (the "DC Hourly Plan") as at August 1, 2010.

  • Credited Earnings will be calculated using the average bi-weekly earnings paid to you in the 130 pay periods in which your earnings were highest prior to your transfer date to the DC Hourly Plan.

  • Consistent with the DB Hourly Plan, the Company will contribute an additional 20% of employer contributions following 5 years of Cokemaking service in positions outlined in the DC Hourly Plan.

  • Members of the DC Hourly Plan will continue to receive Company contributions for regular hours per week while receiving L.T.D. benefits.

Related to DC Hourly Plan

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Hourly employee means an employee who is compensated on an hourly basis for each hour of work performed, including time worked beyond 40 hours in a workweek.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Health benefits plan means a benefits plan which pays or

  • Group health benefit plan means any health care plan, subscription contract, evidence of

  • Supply Plan has the meaning set forth in the CAISO Tariff.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • 401(k) Plan has the meaning set forth in Section 6.10.

  • Service Plan means the Operating Plan and Budget appended as Schedules A and D2a of Schedule D;

  • flight plan means specified information provided to air traffic services units, relative to an intended flight or portion of a flight of an aircraft;

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Pay Plan means the scale of wages as contained in the attached Appendix “A” and the rules governing its application, as per Article 12.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in value in the aggregate as are payable thereunder prior to a Change in Control.

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

  • Nursing Service Plan means the plan that is developed by the registered nurse based on an Individual’s initial nursing assessment, reassessment, or updates made to a nursing assessment as a result of monitoring visits. The Nursing Service Plan must describe all licensed nursing services the Individual shall receive and be pursuant to the Individual’s Service Plan.

  • Compensation Plans shall have the meaning set forth in Section 3.8(b).

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Medical flexible spending arrangement means a benefit plan