Plan Tier definition

Plan Tier means the tier to which an Eligible Employee is assigned for purposes of participation in the Plan, as determined by the individual or entity that sets the Eligible Employee’s compensation, as set forth in the Eligible Employee’s Participation Notice (as described in Section 2(a)).
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Plan Tier means the tier to which a Participant is assigned for purposes of participation in the Plan, as set forth in the Participant’s Participation Notice (as described in Section 4). During a Change of Control Period, no Participant’s Plan Tier may be reduced.
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Plan Tier means the tier to which an Eligible Executive is assigned for purposes of participation in the Plan, as determined by the Plan Administrator, as set forth in the Eligible Executive’s Participation Agreement.
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Examples of Plan Tier in a sentence

  • You will also participate in the Company’s Management Incentive Plan (Tier I).

  • Effective for employees hired after January 1, 2008, the minimum retirement age for employees in miscellaneous Retirement Plan Tier III will be adjusted from fifty (50) to fifty-five (55) with the appropriate requirements.

  • Severance Pay Plan: Tier I, and the Company must be notified within the foregoing seven (7) day period.

  • All employees hired subsequent to that date shall be eligible for participation in the New York State Retirement System Plan (Tier) in effect upon their date of hire.

  • All employees that are not eligible for a Retirement System pension under the provisions described in 1) above, will be covered by the provisions of Section 75-e, or the Retirement System Plan (Tier) in effect at the time of their hire, and may be required to make an employee financial contribution subject to the New York State and Local Employees Retirement System criteria for the Plan (Tier) for which they are eligible.

  • Medical Plan Tier 2019 Rates Semi-Monthly 2020 Rates Semi-Monthly 2021 & 2022 Bronze Choice Care EE $35.23 $28.60 TBD* Bronze Plus Choice Care EE $49.62 $49.20 TBD* Note: The Day & ▇▇▇▇▇▇▇▇▇▇ Corporate insurance rates at the lowest salary tier, currently $75,000, will be used for the rates for all bargaining unit employees.

  • The New Career Plan (Section 75-i) of the New York State and Local Employees’ Retirement System will remain in effect for Tier 1 and 2 members (those who became members of the Retirement System on or before July 26, 1976), adopted by the Board of Representatives on January 16, 1990, with the pension benefits under those Tiers.: All employees hired subsequent to July 26, 1976 shall be eligible for participation in the New York State Retirement System Plan (Tier) in effect upon their date of hire.

  • Staff states that the 11-State Plan Tier 1 per occurrence payment amounts (Section 6.4) appear to be comparable to what was approved in the Illinois Remedy Plan, although in application it will result in a lower potential liability due to other material variations between the two plans, such as variations in Sections 3.1.2.1, 6.2, 6.3, 7, 8, 12.1 and 13.1 of the 11-State Plan.

  • In addition to the general eligibility requirements described in this Article IV, in order to become eligible for benefits under this Plan, Tier I and Tier II Officers must, within the time periods described below, execute a noncompetition, nonsolicitation and confidential information agreement (the “Restrictive Covenant Agreement”) in substantially the same form as the form attached hereto as Exhibit B.

  • Transit Police S11pervisors entering the bargaining unit prior to January O I, 2004 will contribute five percent (5%) of gross wages to the Health Care Savings Plan (Tier 1).

Related to Plan Tier