Excess Benefit definition

Excess Benefit means an excess benefit as defined in the Taxpayer Bill of Rights Act 2, 26 U.S.C. 4958.
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Excess Benefit means the benefit determined in accordance with 590:10-21-5(a) and Section 4.01 of the Excess Benefit Plan document.
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Excess Benefit means the benefit determined in accordance with Section 4.01 of this Plan.
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Examples of Excess Benefit in a sentence

  • GPIC also maintained the Graphic Packaging Excess Benefit Plan (formerly the ACX Technologies, Inc.

  • In certain instances, a reduced benefit may begin upon retirement between ages 55 and 65 from the tax qualified plan.The Company also has Excess Contribution and Excess Benefit Plans.

  • Excess Benefit Plan) and the Graphic Packaging Supplemental Retirement Plan (formerly the ACX Technologies, Inc.

  • The normal retirement benefit under the Pension Plan is calculated as follows: Base Benefit:Designated Percentage of Average CompensationMultiplied byAll years of servicePLUS Excess Benefit: Covered compensation, for purposes of the excess benefit, is defined as the average of the Social Security Taxable Wage Base for the 35 calendar-year period ending in the year preceding the executive's normal retirement age under the Social Security Act.

  • Employer Capabilities – (i) Employer Portal; (ii) Employment Verification Check; (iii) Enrollment; (iv) Wage and Contribution; (v) Reporting; (vi)1099R Processing; (vii) Refunds; (viii) Internal Revenue Code Section 415 Limits; (ix) Excess Benefit System; (x) Disability Retirementsb.


More Definitions of Excess Benefit

Excess Benefit means, except as is otherwise provided in an Agreement, the excess, if any, of (i) the retirement allowance which would have been payable to or with respect to a participant under the Retirement Plan had the limitations on benefits imposed by Section 4.08 of the Retirement Plan not been applicable over (ii) the retirement allowance payable to or with respect to the participant under the Retirement Plan.
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Excess Benefit means the benefit provided under Section 4.1 of the Plan.
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Excess Benefit means the excess, if any, of the Retirement Benefit which would have been payable to or with respect to a Participant under the Retirement Plan had the limitations on benefits imposed by Section 415 of the Code not been applicable, over the Retirement Benefit actually payable to or with respect to the Participant under the Retirement Plan.
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Excess Benefit means the benefit determined in accordance with 590:10-21-5(a) and Section
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Excess Benefit means, with respect to a Participant as of any date, a benefit equal to the excess, if any, of (i) the benefit that would have been payable to, or with respect to, the Participant under the Pension Plan as of such date in the same form and with the same Annuity Starting Date, if the amount of such benefit were calculated without giving effect to the Qualified Plan Limits, over (ii) the benefit that would be payable to, or with respect to, the Participant under the Pension Plan as of such date in the same form and with the same Annuity Starting Date, after giving effect to the Qualified Plan Limits.
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Excess Benefit. MEANS A FINANCIAL BENEFIT ARISING DIRECTLY OR INDIRECTLY FROM A TRANSACTION WITH A CHARTER SCHOOL THAT WOULD BE CONSIDERED AN EXCESS BENEFIT UNDER SECTION 4958 (c) (1) OF THE FEDERAL "INTERNAL REVENUE CODE OF 1986", AS AMENDED, AND REGULATIONS ADOPTED THEREUNDER; EXCEPT THAT THE DEFINITION OF EXCESS BENEFIT SHALL EXTEND TO ALL CHARTER SCHOOLS REGARDLESS OF WHETHER THEY HAVE APPLIED FOR OR RECEIVED NONPROFIT STATUS UNDER SECTION 501 (c) (3) OF THE FEDERAL "INTERNAL REVENUE CODE OF 1986", AS AMENDED. THE SALARIES OF ADMINISTRATORS IN COMPARABLE POSITIONS AT OTHER COLORADO CHARTER SCHOOLS, CHARTER MANAGEMENT ORGANIZATIONS, BOARDS OF COOPERATIVE SERVICES, AND SCHOOL DISTRICTS SERVING A REASONABLY COMPARABLE NUMBER OF STUDENTS SHALL SERVE AS THE COMPARISON FOR DETERMINING WHETHER THE SALARIES OF CHARTER SCHOOL OR CHARTER MANAGEMENT ORGANIZATION ADMINISTRATORS ARE REASONABLE OR EXCESSIVE FOR THE PURPOSES OF THIS PART
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Excess Benefit means the annual retirement benefit payable pursuant to the terms of this Plan.
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