Not Creditable definition

Not Creditable means that the value of this prescription drug benefit is, on average for all plan participants, NOT expected to pay out as much as the standard Medicare prescription drug coverage will pay.

Related to Not Creditable

  • Creditable means that the value of this Plan’s prescription drug benefit is, on average for all plan participants, expected to pay out as much as or more than the standard Medicare prescription drug coverage will pay.

  • Creditable compensation means the full compensation payable annually to an employee working

  • Creditable service means membership service plus prior

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Creditable coverage means with respect to an individual, coverage of the individual under any of