Eligible Spouse definition
Examples of Eligible Spouse in a sentence
The Eligible Employee (or surviving Eligible Spouse) will be required to contribute a fixed annual amount of $1,500 for each year that he (or surviving Eligible Spouse) remains eligible for Retiree Medical Benefits.
The date as of which an A[Annual Guaranteed Withdrawal Amount] for the benefit of a Participant B[or an Eligible Spouse] is established.
The A[Roll-Up Value] of a Participant B[or Eligible Spouse] equals the sum of all Deposits or Transfers allocated to an Eligible Investment for his or her benefit, but not earnings, gains or losses thereon, compounded at an annual effective rate of C[3] % from the date of the Deposit or Transfer until the Valuation Date immediately prior to the Guaranteed Withdrawal Lock-In Date.
Definition of Eligible Spouse: The person who is legally married to the Eligible Employee and who is residing with or supported by the Eligible Employee, provided that if there is no legally married spouse that is eligible, it means the person that qualifies as a spouse under the definition of that word in Section 2(1) of the Canadian Human Rights Benefit Regulations, so long as such person is residing with the Eligible Employee.
Each such amount shall be based on the assumption that J[the sum of] the Guaranteed Withdrawal Market Value J[and the net actuarial value of Our guarantees under this Rider to the Participant B[or Eligible Spouse]] is the Participant’s B[or Eligible Spouse’s] entire account balance under the Plan.