Examples of Pre-2005 Benefit in a sentence
Pension Benefits in 2018The following table summarizes information for the Retirement Plan and the "Pre-2005 Benefit" portion of the CERP for each of our NEOs. Number of Years of Credited Service Present Value of Accumulated Benefit Payments During Last Fiscal YearName Plan Name (#)(2) ($)(3) ($)David W.
Consistent with the Retirement Plan, cash balance formula additions under the CERP were frozen effective January 1, 2005.The estimated annual accrued benefit under the Pre-2005 Benefit for Messrs.
The Company may make similar payments on behalf of the Employee (or his or her Beneficiary(ies)) with respect to any earnings of the Pre-2005 Benefit Subaccount.
The Pre-2005 Benefit is subject to the same retirement eligibility requirements and early retirement reductions as the Retirement Plan.Benefits under the Post-2004 Benefit are in the form of a defined contribution plan, and are described in the narrative accompanying the Nonqualified Deferred Compensation table.
A Participant may elect distribution of all or any part of the portion of his Pre-2005 Benefit applicable to his Supplemental Retirement Benefit to be paid or commence to be paid at any time after his termination of employment with the Company and all Affiliated Companies if he elects such distribution by written instrument delivered to the Committee prior to such termination of employment.