Employment Benefit Plan definition

Employment Benefit Plan means a plan that provides any type of benefit to an individual or his or her dependants or beneficiaries because of the individual’s employment or his or her membership in a trade union and includes a pension plan or another arrangement whereby money is contributed by or on behalf of the individual for retirement purposes. 1995, c. 1, Sched. A, s. 150.
Employment Benefit Plan shall have the meaning provided in Section 7.06.
Employment Benefit Plan means any written purchase, savings, option, bonus, appreciation, profit sharing, thrift, incentive, pension or similar plan or arrangement or any written compensatory contract or arrangement.

Examples of Employment Benefit Plan in a sentence

  • Third-Party Defendants contend that we should dismiss this claim because Ameriquest has not alleged that they owed it any duty.

  • Employees eligible to receive Employment Insurance benefits pursuant to Section 18 of the Employment Insurance Act shall be paid a Pregnancy Leave allowance in accordance with the Supplementary Employment Benefit Plan.

  • An employee who is entitled to pregnancy and/or parental leave and who provides AMAPCEO with proof that he or she is in receipt of Employment Insurance benefits pursuant to the Employment Insurance Act (Canada) shall be paid an allowance in accordance with the Supplementary Employment Benefit Plan.

  • Employees shall participate in the Employment Benefit Plan following the probationary period.

  • The Hospital will register those benefits as part of the Supplemental Employment Benefit Plan with the Employment Insurance Commission.

  • Subject to the applicable legislation, the Board shall provide an Occasional Teacher on leave pursuant to Clause 7.04 (a) (i), (ii) or (iii) with a Supplementary Employment Benefit Plan providing for payment of the first two (2) weeks of leave at the normal Employment Insurance rate for the eligible Occasional Teacher.

  • Compensation in (a) and (b) shall be available through a Supplemental Employment Benefit Plan approved by the Canada Employment and Immigration Commission and registered with Human Resources Canada.

  • The Town has four types of transactions, related to the General Employee Defined Benefit Pension Plan, the Public Safety Officers & Firefighters Defined Benefit Pension Plan, the Other-Post Employment Benefit Plan and revenue that is not available to fund current operations, which qualify for reporting in these categories.

  • Subject to the applicable legislation, the Board shall provide an Occasional Teacher on leave pursuant to Clause 14.03 (a) (i), (ii) or (iii) with a Supplementary Employment Benefit Plan providing for payment of the first two (2) weeks of leave at the normal Employment Insurance rate for the eligible Occasional Teacher.

  • In FY 2015, MetCom joined in the Maryland Association of Counties (MACO) Pooled Other Post Employment Benefit Plan (OPEB) Trust.


More Definitions of Employment Benefit Plan

Employment Benefit Plan means any "employee benefit plan" (within the meaning of Section 3(3) of ERISA), and any other bonus, profit sharing, pension, severance, deferred compensation, fringe benefit, insurance, welfare, medical, medical reimbursement, health, life, stock option, stock purchase, tuition refund, service award, company car, scholarship, relocation, disability, accident, sick pay, sick leave, vacation, incentive, commission, retention or other plan, policy, trust fund or arrangement.
Employment Benefit Plan means any employee benefit plan within the meaning of Section 3(3) of ERISA which (a) is maintained for employees of Provider or any ERISA affiliate or (b) has at any time within the preceding six (6) years been maintained for the employees of Provider or any current or former ERISA Affiliate.

Related to Employment Benefit Plan

  • Employment benefits means all benefits provided or made

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Medical benefit plan means a plan established and maintained by a carrier, a voluntary employees' beneficiary association described in section 501(c)(9) of the internal revenue code of 1986, 26 USC 501, or by 1 or more public employers, that provides for the payment of medical benefits, including, but not limited to, hospital and physician services, prescription drugs, and related benefits, for public employees or elected public officials. Medical benefit plan does not include benefits provided to individuals retired from a public employer or a public employer's contributions to a fund used for the sole purpose of funding health care benefits that are available to a public employee or an elected public official only upon retirement or separation from service.

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m)(i).

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • 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.

  • Seller Benefit Plan means each Benefit Plan sponsored, maintained or contributed to by Seller or any of its Subsidiaries or with respect to which Seller or any of its Subsidiaries is a party and in which any Employee is or becomes eligible to participate or derive a benefit.

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Covered Employment means employment in a covered position.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

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

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Foreign Benefit Arrangement means any employee benefit arrangement mandated by non-U.S. law that is maintained or contributed to by any Credit Party or any of its Subsidiaries.

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Seller Benefit Plans has the meaning set forth in Section 4.10(a).

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

  • Pension Benefits Act means The Pension Benefits Act of Ontario and regulations thereunder as amended from time to time.