Past Benefit definition

Past Benefit means a policy, procedure or practice which has been continuous and which does have a cost factor to the City and/or a monetary benefit to a member.
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Past Benefit shall be a policy, procedure or practice which has been continuous and is known and sanctioned by the Chief of Police and which has a cost factor to the Administration and/or a monetary benefit to an Employee.
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Examples of Past Benefit in a sentence

  • Past Benefit Service is service which may be credited to you for work performed for an Employer before the Employer began making contributions to the Plan on your behalf.

  • These typically identify the purpose, responsibilities, qualifications, and accountabilities of the job.• Job Evaluation – This is a process used to rate a position within the organizational structure of the County.

  • The chairman invited the petitioner to speak.PLAN COMMISSION 2MARCH 28, 2016Mr. Scott Seger, 5333 S.

  • If the employer withdraws from the Pension Plan, the Past Benefit Service may be canceled.

  • For Past Benefit Service granted after June 30, 2001, the monthly benefit at Normal Retirement Age is equal to $25 times your credited Years of Past Benefit Service.

  • Your Past Benefit Service is based on your work with your employer before it began making Contributions to the Pension Trust.

  • Employee acknowledges that the services to be rendered by her are of a special, unique and extraordinary character and that it would be extremely difficult or impracticable to replace such services, that the provisions of this Agreement are of crucial importance to Bank and that any damage caused by the breach of this Agreement could result in irreparable harm to the business of Bank and CSB.

  • Joseph “rectif[ied] imprecisions” in our preservation and waiver jurisprudence, and clarified too the oft-overlooked distinction between “issues” and “arguments,” at least as we use those terms in this Circuit.

  • For various categories of pension rights conceived by legal scholars, See, e.g., Monahan, supra note 101 (suggesting three modern approaches; Constitutional Protection of Past and Future Benefit Accruals, Constitutional Protection of Past Benefit Accruals and non-constitutional Contract Protection); Jeffrey B.

  • Past Benefit Service You are eligible for Past Benefit Service only if you were employed on either March 11, 1957 or March 11, 1959 by an Employer who was a party toa collective bargaining agreement with the Union dated on that date, which provided for contributions to be made to the Plan on your behalf.

Related to Past Benefit

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Special benefit means a particular and distinct benefit over and above general benefits conferred on real property located in the district or to the public at large. General enhancement of property value does not constitute “special benefit.”

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Actuarial equivalent means a benefit of equal value when

  • Change in Control Benefit means the benefit described in Section 2.4.