Pension and Benefits Committee definition

Pension and Benefits Committee means the committee constituted to administer and supervise the Plan in accordance with Article XI. Prior to August, 2009, the Pension and Benefits Committee was known as the Pension Committee.
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Pension and Benefits Committee means the committee provided for by the provisions of Section 12.02 hereof, or if no such committee is appointed or there are no members in office, the Board of Directors.
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Pension and Benefits Committee means the person or persons or entity appointed to administer the Plan in accordance with the provisions of Section Fifteen of the Plan. The Pension and Benefits Committee shall be the "named fiduciary," as referred to in Section 402(a) of ERISA, with respect to the management, operation and administration of the Plan.
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Examples of Pension and Benefits Committee in a sentence

  • Members of the Pension and Benefits Committee shall be invited to this meeting.

  • Maximum dollar benefits and caps are subject to adjustment annually by the Pension and Benefits Committee.

  • The employer shall convene a Joint Pension and Benefits Committee meeting within thirty (30) days of a written request being made by a bargaining unit committee representative.

  • The employer may only modify Employee Pension and Benefits Plans following consultation with employees through their representatives on the Joint Pension and Benefits Committee and subject to Article 2.1. The bargaining unit shall have up to two representatives on a Joint Pension and Benefits Committee comprised of each user group covered by the Employee Pension and Benefits Plans.

  • The change will be effective as soon as practicable after the receipt by the Pension and Benefits Committee of a valid notice containing all required information, and shall be effective only with respect to future full payroll periods.

  • APT members shall have representation on the First Nations University Pension and Benefits Committee.

  • The Union shall appoint one (1) Employee to the University’s Pension and Benefits Committee.

  • A protocol has been developed to set out the parameters under which the Pension and Benefits Committee (“P&B Committee”), which has been set up by the Board to assist with the management of the pension plan, would increase the level of indexation beyond 75%.

  • Responsibility of the Pension Consultant The Pension Consultant’s role is that of a non-discretionary advisor to the Commission and the Pension and Benefits Committee.

  • The special holding structure of Bacardi-Martini is analysed in more detail below.


More Definitions of Pension and Benefits Committee

Pension and Benefits Committee or Committee shall mean the Pension and Benefits Committee of the Company which is appointed by the Board or its designee to administer the Plan in accordance with the terms of Article VIII. The terms Pension Committee, Committee or Pension and Benefits Committee may be used interchangeably.
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Related to Pension and Benefits Committee

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m)(i).

  • Retirement board or "board" means the retirement system's governing board provided for in 2-15-1010.

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • Pension Benefits Act means The Pension Benefits Act of Ontario and regulations thereunder as amended from time to time.

  • Health benefits plan means a benefits plan which pays or

  • the Contributions and Benefits Act means the Social Security Contributions and Benefits Act 1992;

  • Plan Committee means a committee of two or more directors appointed by the Board to administer the Plan.

  • Pharmacy benefit manager means a person, business or other

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Pharmacy benefits manager means a person that performs pharmacy benefits management.

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Designated Employer Representative (DER) means a designated school district representative authorized to take immediate action to remove employees from safety-sensitive duties, to make required decisions in the testing and evaluation process, and to receive test results and other communications for the school district.

  • Compensation Committee means the Compensation Committee of the Board.

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Administrative Committee means the committee in charge of Plan administration, as described in Article VII.

  • Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.

  • county executive committee member means the county executive committee member responsible for matters relating to land;

  • Medical benefit plan means a plan established and maintained by a carrier, a voluntary employees' beneficiary association described in section 501(c)(9) of the internal revenue code of 1986, 26 USC 501, or by 1 or more public employers, that provides for the payment of medical benefits, including, but not limited to, hospital and physician services, prescription drugs, and related benefits, for public employees or elected public officials. Medical benefit plan does not include benefits provided to individuals retired from a public employer or a public employer's contributions to a fund used for the sole purpose of funding health care benefits that are available to a public employee or an elected public official only upon retirement or separation from service.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Appeals Committee means a Committee or Tribunal duly appointed by by-law to conduct hearings under this by-law;

  • Requisition Compensation includes all compensation or other moneys payable by reason of any act or event such as is referred to in paragraph (b) of the definition of “Total Loss”;

  • Pharmacy benefits management means the administration or management of prescription drug