Pension Amount definition
Examples of Pension Amount in a sentence
The first number is your Disability Age 55 Post 62+1 Pension Amount.
Your post-62+1 Pension Amount will equal the product obtained by multiplying two numbers.
If you elect this Annuity Form, your pre-62+1 Pension Amount will equal the product obtained by multiplying two numbers and then adding a third number.
The first number is your Disability Age 55 Pre-62+1 Pension Amount (as specified in the Table of Information).
Such Pension Amount shall be credited and converted to deferred stock units in the manner described in Section 5(b) above, as of the business day the Company's Corporate Secretary's Office receives an Election Form therefor (by mail or fax); and using such date as the valuation date for determining Fair Market Value.
Within 30 days after the determination of the German Pension Amount, Ferro shall pay such German Pension Amount with interest at the 3 month Euribor rate plus 3 percent from the Closing Date to the date of payment of the German Pension Amount.
Dollar amounts to be so credited shall be converted into deferred stock units in the manner described under Section 5(b) below on the quarterly or other specified crediting date for such 1997 and later compensation, and on 21 November 1996, as to the Pension Amount; and using such date(s) as the valuation date(s) for determining Fair Market Value.
The “Applicable Amount” for each Applicable Year shall be equal to the difference (but not less than zero) between (a) the Base Pension Amount for the Applicable Year, minus (b) the amount of the retirement benefit to the Executive under the AXIS Specialty Limited International Pension Plan (the “International Plan”) (the “Offset Amount”).
The obligations of the Company and each of its Subsidiaries and each Commonly Controlled Entity for post retirement benefits to be provided to their current and former employees under Plans which are welfare benefits plans (as defined in Section 3(l) of ERISA) are not reasonably likely to have a Material Adverse Effect, when aggregated with their obligations with respect to the Unfunded Pension Amount and the Potential Withdrawal Liability.
Pension Amount - To spouse: 100% of the normal retirement benefit.