Pension Benefit definition

Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—
Pension Benefit means any pension, commutation of a pension, gratuity or other similar allowance or benefit or any refund of pension contributions, including any interest payable thereon, payable to a person in respect of his or her service as a member of the Health Service or in respect of any ill-health or injury arising out of and in the course of his or her official duties as such a member or for a dependant or personal representative of such person in respect of such service, ill-health or injury or on the death of such person;
Pension Benefit means the benefits under this Article, or

Examples of Pension Benefit in a sentence

  • Pension benefit determined by final average compensation of three years.

  • She has since returned to 1.0 FTE so there will be a corresponding Pension benefit change next year.

  • Election of a service Pension benefit payment type is irrevocable as of the Effective Retirement Date.

  • A plan is a supplemental pension plan covered by the section 3221(d) exception described in paragraph (a) of this section only ifit meets the requirements of paragraphs (b)(2) through (4) of this section.(2) Pension benefit requirement.

  • Election of a service Pension benefit payment type binds all persons eligible to receive benefits or a refund under a Member’s account.


More Definitions of Pension Benefit

Pension Benefit means the U.S. dollar amount of the actuarially-determined present value of benefits based on a Director's expected service at the required retirement date under The Southern Company Outside Directors Pension Plan, as calculated as of the Termination Date, plus accrued earnings on such amount calculated as if invested at the Prime Interest Rate from the Termination Date, until such amount is invested in Deferred Compensation Accounts pursuant to the provisions of Section 5.3.
Pension Benefit means the benefit payable to an individual under the Pension Plan or the UGS Pension Plan, as the context requires.
Pension Benefit means a full or partial payment for service earned as a volunteer firefighter
Pension Benefit means, with respect to each Participant, the annual retirement allowance to which Participant is entitled at Retirement payable from the Pension Plan and the Excess Plan and actuarially determined on the basis of an annuity for Participant's life utilizing actuarial assumptions as pertain for all other purposes of said Pension Plan and the Excess Plan whether or not such retirement allowance is actually paid, and regardless of any optional form of benefit payment elected under the Pension Plan and the Excess Plan by said Participant.
Pension Benefit means the benefit described in Section 5.1.
Pension Benefit means the pension benefit determined in accordance with Section 4.3.
Pension Benefit means that portion of a retiree's monthly re- tirement allowance that is funded by the state of Washington and the retiree's former employer or employers.