ERIP definition

ERIP means the 3M Employee Retirement Income Plan.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

ERIP means the Retirement Income Plan for Employees.

ERIP means the UCAR Carbon Enhanced Retirement Income Plan, as amended from time to time.

Examples of ERIP in a sentence

• The employee retirement contribution rate shall return to six percent (6%) in accordance with the Early Retirement Incentive Program (ERIP) agreement dated October 26, 2009 and LAAC Section 4.1033, which provides that this seven percent (7%) employee retirement contribution will continue until June 30, 2026 or until the ERIP cost obligation is fully paid, whichever comes first.

• When an Early Retirement Incentive Plan (ERIP) is implemented, it will be for a specific demonstrable need and for a finite time period.

• The ERIP shall not automatically renew unless the Parties mutually agree to extend or modify it.

• The Parties agree that the incentive components of a School Division’s ERIP may vary from year to year and that different School Divisions who choose to implement an ERIP may be different from one another.

• The employee retirement contribution rate shall return to six percent (6%) in accordance with the Early Retirement Incentive Program (ERIP) agreement dated October 26, 2009, and Section 4.1033 (Early Retirement Incentive Program) of the LAAC, which provides that this seven percent (7%) employee retirement contribution will continue until June 30, 2026, or until the ERIP cost obligation is fully paid, whichever comes first.

• The employee retirement contribution rate shall return to six percent (6%) in accordance with LAAC Section 4.1033, which provides that this seven percent (7%) employee retirement contribution will continue until June 30, 2026 or until the ERIP cost obligation is fully paid, whichever comes first.

• Teachers in the ERIP may continue welfare benefits in addition to the health plan benefits.

• Once staffing has been finalized for the school year following effective date of retirement, the E.R.I.P. payment to the applicant(s) will be determined.

• In order to be considered for the Early Retirement Incentive Program (ERIP) application shall be filed no later than March 15th of the year for which application was made.

• Program (ERIP) is available to all bargaining unit members who meet the eligibility requirements established by the Board of Trustees of the Health and Welfare Fund, as those requirements exist on the date that coverage under the ERIP begins.

More Definitions of ERIP

ERIP means the Employee Retirement Income Plan of McGraw-Hill Broadcasting Company, Inc. and Its Subsidiaries as in effect on December 31, 2003.

ERIP means the UCAR Carbon Company Inc. Enhanced Retirement Income Plan, as amended from time to time.

ERIP means the UCAR Carbon Company Inc. Employee Retirement Income Plan, as amended from time to time." 5. Section 2.31 of the Plan is amended in its entirety to read as follows:

ERIP means Enbridge Renewable Energy Infrastructure Limited Partnership, formerly known as Enbridge Ontario Wind Power LP, which is indirectly wholly-owned by Enbridge;

ERIP means the UCAR Carbon Enhanced ---- Retirement Income Plan, as it may be amended from time to time. (l) "Investment Director" shall mean the person ------------------- or entity chosen by the Company or the Chief Financial Officer of the Company prior to a Change in Control, or chosen by the Administrative Committee after a Change in Control, to direct the investment of certain assets in the Trust. (m) "Investment Manager" shall mean an ------------------ institution chosen by the Company or the Chief Financial Officer of the Company prior to a Change in Control, or chosen by the Administrative Committee after a Change in Control, to serve as Investment Director. (n) "Non-Qualified Plans" shall mean, ------------------- collectively, the EBP, ERIP and SRIP. (o) "Non-Qualified Plans Committee" shall mean ----------------------------- the Non-Qualified Plans Administrative Committee previously established by the Company which is empowered to administer certain provisions of the Trust prior to a Change in Control. (p) "Participant" shall mean a participant in ----------- one or more of the Plans. (q) "Plans" shall mean those plans and ----- agreements listed on Schedule 1 attached hereto or as hereafter added to Schedule 1. (r) "Severance Agreements" shall mean the -------------------- Severance Compensation Agreements between certain individuals and the Company, as in effect from time to time. (s) "SRIP" shall mean the UCAR Carbon ---- Supplemental Retirement Income Plan, as it may be amended from time to time. (t) "TCN Plan" shall mean the UCAR TCN Pension -------- Plan, as it may be amended from time to time.

ERIP means the Company's Executive Retirement Income Plan.