Defined Benefit Pension Plan definition

Defined Benefit Pension Plan means any Pension Plan which contains a “defined benefit provision” as defined in subsection 147.1(1) of the Income Tax Act (Canada).

Defined Benefit Pension Plan means a pension plan in which the benefits to be paid, or the basis for determining such benefits, are established in advance and the contributions are intended to provide the stated benefits.

Defined Benefit Pension Plan means a defined benefit plan (other than a Multiemployer Plan) as defined in ss.3(35) of ERISA which is maintained by any Borrower or any member of its Controlled Group.

Examples of Defined Benefit Pension Plan in a sentence

• The ORS Chapter 238 Defined Benefit Pension Plan is closed to new members hired on or after August 29, 2003.

• Note 7 – Defined Benefit Pension Plan General Information about the Pension Plan Plan Description.

• Therefore, the long-term expected rate of return on pension plan investments for the Defined Benefit Pension Plan was applied to all periods of projected benefit payments to determine the total pension liability.

• The ORS Chapter 238 Defined Benefit Pension Plan is closed to new members hired on or after August 29, 2003.Death BenefitsUpon the death of a non-retired member, the beneficiary receives a lump-sum refund of the member’s account balance (accumulated contributions and interest).

• Note 7 - Defined Benefit Pension Plan General Information about the Pension Plan Plan Description.

More Definitions of Defined Benefit Pension Plan

Defined Benefit Pension Plan means the Corporation’s registered pension plan, entitled “Retirement Plan for the Employees of Enbridge Inc. and Affiliates”, dated July 1, 2001, as amended or replaced from time to time;

Defined Benefit Pension Plan shall have the meaning set forth in Section 3(35) of ERISA.

Defined Benefit Pension Plan means a pension plan in which the ben- efits to be paid or the basis for deter- mining such benefits are established in advance and the contributions are in- tended to provide the stated benefits.

Defined Benefit Pension Plan means a pension plan providing a defined benefit;

Defined Benefit Pension Plan means each plan, scheme, arrangement or individual commitment in respect of any Business Employee and/or former employee of the Business all or part of which is (i) classified as a defined benefit plan under GAAP (or the generally accepted accounting principles in the jurisdiction in which the relevant plan, scheme, arrangement or commitment is administered) or (ii) provides any pension (or benefit in connection with retirement or death) which is not calculated solely by reference to assets which (because of the nature of the calculation) must necessarily suffice for the purposes of its provision to or in respect of the recipient.

Defined Benefit Pension Plan means a Pension Plan that is not an "individual account plan" as defined in Section 3(34) of ERISA.

Defined Benefit Pension Plan has the meaning set forth in Section 2.13.4.