defined benefit provision definition
defined benefit provision means a provision of a plan pursuant to which benefits are determined in any way other than solely by reference to what is provided by contributions made by or for the credit of a member together with interest. A "defined benefit plan" means a plan that contains a defined benefit provision. For simplicity, this bulletin will use the term "plan" rather than "defined benefit plan" or "defined benefit provision".
defined benefit provision means those provisions of the Primary Plan pursuant to which members of the Primary Plan accrue a defined benefit pension.
defined benefit provision means a provision of the plan text document of a plan that establishes a formula by which the amount of the pension that is to be paid to a member is determined, but does not include a target benefit provision or a provision that is prescribed under the Pension Benefits Standards Act to be a benefit formula provision;
More Definitions of defined benefit provision
defined benefit provision has the same meaning ascribed that term in subsection 147.1(1) of the Income Tax Act (Canada).
defined benefit provision means a provision of a pension plan under which pension benefits for a member are determined in any way other than that described in the definition "defined contribution provision";
defined benefit provision means a provision of a pension plan under which benefits are determined in any way other than that described in the definition of “defined contribution plan”;
defined benefit provision has the meaning ascribed to the term “defined benefit provision” in subsection 147.1(1) of the Tax Act.