Integrated benefits definition
Integrated benefits means the benefits contained in the policy or certificate can be used interchangeably among the various covered home- or community-based or nursing facility benefits, and there is no limit on the use of any specific covered benefit, except for monthly limits that may be set for home-and community-based care benefits and per diem limits that may be set on nursing facility services.
Integrated benefits means the benefits contained in the policy or certificate can be used interchangeably among the various covered home- or community-based or nursing facility benefits, and there is no limit on the use of any specific covered benefit, except for monthly limits that may be set
Integrated benefits means the aggregate benefits payable to a Participant (or over which he has had or has exercised or released, any power or right of election, designation, appointment or disposition) under (i) any pension plan qualified as tax exempt under Section 401(a) of the Code, including any such plan established by the New York Hotel Association or pursuant to any collective bargaining or other agreement, to the extent that a Participating Employer, any Related Company, or any predecessors thereto have contributed or paid all or part of the costs thereof as determined by rules established from time to time by the Committee, and (ii) any federal, state, or other system now in existence or hereafter created or amended to which a Participating Employer is required by law to contribute or pay all or part of the costs, as determined by rules established from time to time by the Committee, including 50 percent of the Primary Social Security Benefit computed on the basis of the Social Security Act as in effect at the time at which the offset for Integrated Benefits is first applied as provided in the definition of "Primary Social Security Benefit" hereunder. The Committee, by uniform rules adopted from time to time, shall estimate the amounts of all Integrated Benefits expected to be payable to any Participant for the purpose of determining benefits under this Plan prior to the date of determination of the actual amount of any such Integrated Benefits, and adjustments shall be made, without interest, in benefit payments due after the Annuity Starting Date if later information so requires.
Examples of Integrated benefits in a sentence
After intensive negotiations the Lihir Mining Area Landowners Association (LAMALA) signed an Integrated benefits Package (IBP) agreement at a ceremony on Lihir on 26 April 1995.
Desired outcomes for demonstration projects include: • Quantified achievement of multiple desired benefits of the program • Incorporated participation from multiple partners and funding sources • Replicability and scalability • Support for regional workforce development opportunities • Integrated benefits to priority populations • Increased community outreach, involvement, and education Demonstration projects will be carried out with the approval of or under the supervision of licensed forester.