Pension Supplement definition

Pension Supplement means a pension supplement under the Pension Supplement Scheme 20016;
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Pension Supplement means, with respect to any Plan Year, but only in the case of a Participant who was a Participant in the Plan on January 1, 1981, the excess (if any) of –
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Pension Supplement shall have the meaning ascribed thereto in the Change of Control Agreement.
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Examples of Pension Supplement in a sentence

  • The Early Retirement Pension Supplement Scheme was created between LO and YS as a separate legal entity.

  • If Executive becomes entitled to the Severance Payment, Vesting, COBRA Benefits, Insurance Payment, Pension Supplement, Section 5.7 Payment, Additional Change in Control Benefits and/or payments under Section 5.10, the Company’s obligation to make such payments and provide such benefits shall survive the termination of this Agreement.

  • LO and YS will agree on, within the framework of this appendix, the more detailed rights and obligations of the individual employee with respect to the Early Retirement Pension Supplement Scheme.

  • The Early Retirement Pension Supplement Scheme is financed by capital that is transferred to the scheme from the Severance Pay Scheme, premiums from the companies and returns on the funds.

  • The Pension Supplement shall be paid to Executive during the sixty-five (65) day period following the date on which Executive’s Separation from Service occurs.

  • Through the creation of the Early Retirement Pension Supplement Scheme, LO and YS are addressing their collective bargaining agreement obligation pursuant to § 3.

  • The Early Retirement Pension Supplement Scheme must inform NHO of those changes that are made to the code of regulations that are associated with the scheme.

  • The code of regulations applicable at any point in time for early retirement pension supplements is available at the Web site of the Early Retirement Pension Supplement Scheme, see ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇.

  • The companies or NHO do not bear responsibility for the Early Retirement Pension Supplement Scheme's obligations.

  • A higher income involves the Early Retirement Pension Supplement being rescinded in its entirety, and that a new early retirement pension supplement cannot be granted.


More Definitions of Pension Supplement

Pension Supplement shall have the meaning ascribed thereto in Sections 11.0 [and 12.0] of this Agreement.
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Pension Supplement means a pension paid in addition to any pension received up to State pension age, calculated at the annual rate of 1/60th of the average Lower Earnings Deduction in force from time to time over the period during which Final Pensionable Pay is determined for each year of Pensionable Service (with a maximum of 40 years).
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Related to Pension Supplement

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • 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).

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • 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 Canadian Loan Party or any Subsidiary of any Canadian Loan Party has any liability with respect to any employee or former employee, but excluding any Canadian Pension Plans.