Examples of Pension Transfer Date in a sentence
Buyer or Seller, as the case may be, shall within five (5) Business Days after the U.S. Pension Transfer Date make payment to the other by wire transfer of immediately available funds to one or more accounts designated by the other of the Final Pension Adjustment.
Motion by Shearer, second by Luckenbaugh, to approve the minutes of the meeting of November 21, 2017.
On the Pension Transfer Date, Alltel shall transfer, or cause to be transferred, in accordance with Section 414(l) of the Code, the assets and liabilities attributable to the Spinco Employees and Spinco Individuals from the Alltel Corporation Pension Plan and its related trust to the Spinco Pension Plan and its related trust.
Following the SpinCo U.S. Pension Transfer Date, Honeywell and the Honeywell Group shall have no further liability (either under this Agreement or otherwise) to provide the SpinCo U.S. Pension Participants with benefits under the Honeywell Pension Plan.
Through and including the Pension Transfer Date, OPC shall remain primarily responsible for causing benefits due under the THUMS Pension Plan through such date to be paid from the OPC Master Trust, with any such benefits paid reducing the CRC Pension Assets.
An initial allocation of assets and Transfer Value will be estimated in advance of the Pension Transfer Date and the initial amount will be transferred on the Pension Transfer Date or as soon as practicable thereafter.
The original and duplicate tender shall either be typed or written in indelible ink and the same shall be signed by the tenderer or by a person(s) who has been duly authorized to bind the tenderer to the contract.
The intent of this process is to allocate assets in accordance with PBGC Section 4044 using PBGC assumptions at the Pension Transfer Date.
After receiving and reviewing final data as of the Pension Transfer Date, a true-up amount will be calculated.
On and after the Pension Transfer Date for Active Pension Participants (or until the Initial Pension Transfer Date for Active Pension Participants if Section 7.9(c)(iii) is applicable), any such benefits payable to an Active Pension Participant (or his/her surviving spouse or beneficiary) shall be paid from the Company’s Pension Plan.