Other Pension Plan definition

Other Pension Plan means any defined benefit pension plan, other than the Retirement Plan, in which the Executive is a participant and which is qualified under Section 401(a) of the Code and is maintained by the Corporation or a subsidiary of the Corporation.
Other Pension Plan means each defined-benefit or defined-contribution plan (whether qualified under the Code or not) sponsored by the Employer, by FM Services Company, by McMoRan Exploration Co., or by any predecessor employer (including Freeport-McMoRan Inc.) or any employer in the controlled group for U.S. income-tax purposes with any such employer.
Other Pension Plan means any defined benefit pension plan, other than the Retirement Plan, in which the Executive is a participant and which is qualified under Section 401(a) of the Code or is a non-qualified excess benefit plan and is maintained by the Corporation, a subsidiary of the Corporation or CFBI. 1.7 "Retirement Date" means the date the Executive retires under this Agreement on account of early or normal retirement. 1.8 "Retirement Plan" means the Retirement Income Plan of Wachovia Corporation and any successor thereto. 1.9 "Supplemental Benefit" means the monthly benefit payable to the Executive under this Agreement. Section 2.

Examples of Other Pension Plan in a sentence

  • The offset shall equal the monthly amounts actually payable under the Retirement Plan and any Other Pension Plan, based on the payment option elected by the Executive.

  • The monthly amount of the Supplemental Benefit shall equal one-twelfth of the product of two and one-half percent (2.5%) of the Executive's Final Average Compensation times the number of years of his creditable service determined under the provisions of the Retirement Plan (subject to a maximum of 62.5%), reduced by the monthly amount payable under the Retirement Plan and any Other Pension Plan.

  • However, neither coercion nor persuasion is very well understood as a type of influence.

  • Bank of America has an annuity contract that guarantees the payment of benefits vested under a terminated U.S. pension plan (Other Pension Plan).

  • The monthly amount of the Supplemental Benefit shall equal one-twelfth of the product of fifty-five percent (55%), increased by one percentage point for each year of creditable service (as determined under the Retirement Plan) in excess of ten years, provided that the maximum percentage as increased does not exceed sixty percent (60%), multiplied by the Executive's Final Average Compensation, reduced by the monthly amount payable under the Retirement Plan and any Other Pension Plan.

  • Except as provided under the Forfeitures article, the Reduction For Other Pension Plan Contributions article and the Alienation And QDROs article a Participant's vested rights shall not be subject to divestment for any reason.

  • More recently, with the advent of blockchain technology the notion of a resolvable identifier recorded on a blockchain has received considerable attention.

  • The following methods shall be used in determining the amount of the benefit under an Other Pension Plan to offset against the Monthly Annuity.

  • If the benefit paid under an Other Pension Plan is in the form of a lump sum or a different form of annuity than the Monthly Annuity, the offset shall be the Monthly Annuity that is Actuarially Equivalent to the benefit.

  • Other Pension Plan InformationThe Required Supplementary Information following the Notes to the Financial Statements presents multi-year trend information regarding the Changes in Net Pension Liability, Contributions and Investment Returns as well as information regarding Methods and Assumptions used to Determine Contribution Rates.


More Definitions of Other Pension Plan

Other Pension Plan means each defined-benefit or defined-contribution plan (whether qualified under the Code or not) sponsored by the Employer or by FM Services Company, as well as the FMI Employee Retirement Plan, the Freeport-McMoRan Retirement Plan, and the Freeport-McMoRan Excess Benefits Plan, but not including any benefit produced by accounts funded exclusively by deductions from a Participant’s pay.
Other Pension Plan means any defined benefit pension plan of the Company intended to qualify under Section 401(a) of the Code.
Other Pension Plan means one or more registered pension plans, other than the Plan, established by the withdrawing Participating Employer and to which the Employment Pension Plans Act applies;
Other Pension Plan means any U.S. or non-U.S. long-term disability, pension or retirement plan, other than the Pension Plan, sponsored by PaineWebber or to which PaineWebber contributes or accrues benefits on behalf of a Participant, including any long-term disability or retirement program mandated or permitted by a foreign jurisdiction; provided, however, that Other Pension Plan shall not include the PaineWebber Savings Investment Plan, the Deferred Compensation Agreement, the PaineWebber PartnerPlus Plan or the PaineWebber PartnerPlus Plan for Branch Managers. 9

Related to Other Pension Plan

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Multiemployer Pension Plan means a multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which Borrower or any member of the Controlled Group may have any liability.

  • Canadian Pension Plan means any plan, program or arrangement that is a pension plan for the purposes of any applicable pension benefits legislation or any tax laws of Canada or a Province thereof, whether or not registered under any such laws, which is maintained or contributed to by, or to which there is or may be an obligation to contribute by, any Borrower or any Guarantor in respect of any Person’s employment in Canada with such Borrower or such Guarantor.

  • Foreign Pension Plan means any plan, fund (including, without limitation, any superannuation fund) or other similar program established or maintained outside the United States of America by the Borrower or any one or more of its Subsidiaries primarily for the benefit of employees of the Borrower or such Subsidiaries residing outside the United States of America, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and which plan is not subject to ERISA or the Code.

  • Canadian Pension Plans means each pension plan required to be registered under Canadian federal or provincial law that is maintained or contributed to by a Credit Party for its employees or former employees, but does not include the Canada Pension Plan or the Quebec Pension Plan as maintained by the Government of Canada or the Province of Quebec, respectively.

  • war pension means a war disablement pension, a war widow’s pension or a war widower’s pension;

  • Guaranteed Pension Plan means any employee pension benefit plan within the meaning of §3(2) of ERISA maintained or contributed to by any Borrower or any ERISA Affiliate the benefits of which are guaranteed on termination in full or in part by the PBGC pursuant to Title IV of ERISA, other than a Multiemployer Plan.

  • Pension Plan means any “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by the Borrower or any ERISA Affiliate or to which the Borrower or any ERISA Affiliate contributes or has an obligation to contribute, or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five plan years.

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Canadian Defined Benefit Pension Plan means a Canadian Pension Plan that contains or has ever contained a “defined benefit provision” as such term is defined in Section 147.1(1) of the Income Tax Act (Canada).

  • Canadian Benefit Plan means any plan, fund, program or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Loan Party has any liability with respect to any of its employees or former employees employed in Canada, and includes any Canadian Pension Plan.

  • state pension credit means state pension credit under the State Pension Credit Act 2002;

  • Other Plan means any of the following plans, other than this Plan, providing benefits or services for medical or dental care or treatment:

  • Pension Plans The meaning specified in Section 4.1(v).

  • Pension program means the defined benefit pension program of the Oregon Public Service

  • Employee Pension Plan means any Employee Plan for the provision of retirement income to employees or which results in the deferral of income by employees extending to the termination of covered employment or beyond as defined in Section 3(2) of ERISA.

  • Unfunded Pension Liability means the excess of a Pension Plan’s benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Pension Plan’s assets, determined in accordance with the assumptions used for funding the Pension Plan pursuant to Section 412 of the Code for the applicable plan year.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Multi-employer Plan means a Plan that is a Multi-employer plan as defined in Section 4001(a)(3) of ERISA.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

  • Unfunded Pension Liabilities means the excess of a Plan’s benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Plan’s assets, determined in accordance with the assumptions used by the Plan’s actuaries for funding the Plan pursuant to Section 412 of the Code for the applicable plan year.

  • Employee Pension Benefit Plan has the meaning set forth in ERISA Section 3(2).