Post-2004 Supplemental Pension Benefit definition

Post-2004 Supplemental Pension Benefit means the benefit calculated under Article IV of this Plan.
Sample 1

Examples of Post-2004 Supplemental Pension Benefit in a sentence

  • Post-2004 Supplemental Pension Benefit payments shall be reduced by amounts withheld.

  • President Cyril Ramaphosa, in a joint sitting of Parliament in October said he hopes that the implementation of the reconstruction and recovery plan will raise the average growth of the economy to around 3% over the next decade.

  • The Participant’s Post-2004 Supplemental Pension Benefit shall be equal to the Participant’s total Supplemental Pension Benefit, less the Participant’s Grandfathered Supplemental Pension Benefit (but not less than zero).

  • Payment of the portion of the death benefit attributable to the Participant’s Post-2004 Supplemental Pension Benefit will begin on first payroll date of the month immediately following the month of the Participant’s death, such payments to continue during the lifetime of such Beneficiary.

  • If the Participant’s Post-2004 Supplemental Pension Benefit is payable at the same time as the benefits described in the first sentence of this Section 4.1(c), the Participant’s total Supplemental Pension Benefit shall be determined as provided in Section 4.1(a) or (b) above (as applicable).

  • According to Baylor University’s Center for Business and Economic Research, Waco’s main sources of income are prima- rily from manufacturing, educational services, and tourism.

  • If an Eligible Employee’s Total Retirement Allowance as of the applicable calendar year beginning after December 31, 2004 exceeds the Restricted Retirement Allowance payable to the Eligible Employee as of the applicable calendar year beginning after December 31, 2004, the Eligible Employee shall be entitled to receive a Post-2004 Supplemental Pension Benefit from this Plan equal to the amount of such excess.

  • Both the Participant’s total Supplemental Pension Benefit and Grandfathered Supplemental Pension Benefit shall be determined as of the date payment of the Participant’s Post-2004 Supplemental Pension Benefit commences, regardless of the actual commencement date of the Participant’s Grandfathered Supplemental Pension Benefit.

Related to Post-2004 Supplemental Pension Benefit

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Termination Benefit means the benefit set forth in Article 7.

  • Normal Retirement Benefit means an annual benefit payment in the amount of Sixty-Six Thousand Three Hundred and Seventy-Three Dollars ($66,373.00) for a period of fifteen (15) years.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Actuarial equivalent means a benefit of equal value when

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

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

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • 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).

  • 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.

  • Change in Control Benefit means the benefit described in Section 2.4.

  • Disability Benefit means the benefit set forth in Article 8.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.