Examples of Entitlement Statement in a sentence
Funding for some corporately managed, Regional Office or Commonwealth programs is provided outside of the Resource Entitlement Statement process.
The Participant (or Beneficiary then entitled to payment in the case of a deceased Participant) shall have the right to dispute any Benefit Entitlement Statement reissued by the Committee with respect to the Participant (or Beneficiary) as provided in paragraph (c) above.
Any such dispute between the Participant (or Beneficiary) and the Committee concerning a reissued Benefit Entitlement Statement shall be resolved pursuant to the claim review procedure set forth in Sections 3.5 and 3.6, in which case the Benefit Entitlement Statement shall be revised, if necessary, and republished in accordance with the determination made pursuant to such claim review procedure.
If the Participant (or Beneficiary) is not in pay status, that is, the Participant has not Separated from Service as of the Cut-Off Date, then the Benefit Entitlement Statement shall set forth the amount of the Pension to which the Participant would have been entitled if he had Separated from Service as of the Cut-Off Date.
Concurrently with the Committee's providing a Benefit Entitlement Statement to the Participant (or Beneficiary), the Committee shall provide a copy of such Benefit Entitlement Statement to the Recordkeeper and the Trustee.
Concurrently with the Committee's providing such reissued Benefit Entitlement Statement to the Participant (or Beneficiary), the Committee shall provide a copy of such reissued Benefit Entitlement Statement to the Recordkeeper and the Trustee.
On or before March 31 of each calendar year, the Committee shall cause to be given to the Participant (or Beneficiary then entitled to payment in the case of a deceased Participant) a Benefit Entitlement Statement setting forth the Participant's benefit entitlement under the Plan and the Payment Allocation Ratio (as such term is defined in the Trust Agreement) determined by the Recordkeeper under the relevant provisions of the Trust Agreement.
If the Participant (or Beneficiary) is in pay status as of the preceding December 31 (the "Cut-Off Date"), the Participant's Benefit Entitlement Statement shall set forth the amount of the Pension to which the Participant (or Beneficiary) is entitled effective as of the April 1 following the Cut-Off Date.
Undisputed Benefit Entitlement Statement" means (a) any Benefit Entitlement Statement which is not initially disputed by the Participant (or Beneficiary) in the manner and within the time period specified in Section 3.10(c), and (b) any Benefit Entitlement Statement reissued by the Committee pursuant to Section 3.10(c) and with respect to which the Participant (or Beneficiary) does not file a statement of objection in the manner and within the time period specified in Section 3.10(d).
In order to dispute any reissued Benefit Entitlement Statement, the Participant (or Beneficiary) must file a written statement of his objection (and the basis therefore) with the Committee on or before the date which is 60 days following the Committee Response Date applicable to such reissued Benefit Entitlement Statement, with a copy of such statement of objection to the Recordkeeper and the Trustee.