FAP Benefit definition
FAP Benefit means the Final Average Pay Benefit, as such term is defined in the Qualified Plan.
FAP Benefit means the portion of a Participant’s Excess Benefit determined pursuant to Section 3(a) of the Excess Plan.
FAP Benefit means the benefit described in Section 3.01, reduced, as provided in Section 3.11, to the extent that a Participant has elected to receive his or her Contributions with Interest as a lump sum payment.