Prorated Survivor Benefit definition

Prorated Survivor Benefit means Normal Survivor Benefit multiplied by the Proration Factor.
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Examples of Prorated Survivor Benefit in a sentence

  • The Participant's Prorated Survivor Benefit determined as of the participation termination date and commencing as soon as practicable after the Participant's death.

  • Available at: htt-The second event was the issuance of a judgement by the Constitutional Tribu- nal of the Republic of Poland (hereinafter “the CT”) on 22 October 2020, during the second wave of the epidemic, which concerned the provisions on permitting abortion.11 The CT ruled that the provision of the law allowing abortion in the case of severe and irreversible impairment of the foetus or an incurable disease threatening its life is unconstitutional.

  • The Participant's Prorated Survivor Benefit determined as of the involuntary termination date and commencing as soon as practicable after the Participant's death.

  • The Participant's Prorated Survivor Benefit calculated as of the date of the involuntary Separation from Service as if commencing at the time of Participant's death.

  • As defined by the Florida Retirement System (FRS), temporary positions are limited to a calendar six- month period.

  • Roaming means cellular communications services (e.g., voice, video, data) received from a visited network when unable to connect to the facilities of the home network either because signal coverage is too weak or because traffic is too high.

  • The Participant’s Prorated Survivor Benefit calculated as of the date that the Participant’s participation in the Plan was terminated, which shall be effective on the first day of the month following the Participant’s death and be paid or commence as soon as practicable, but not later than 90 days, after the Participant’s death.

  • The Participant’s Prorated Survivor Benefit calculated as of the date of the involuntary Separation from Service as if commencing at the time of Participant’s death.

  • The Participant’s Prorated Survivor Benefit calculated as of the Plan termination date, which shall be effective on the first day of the month following the Participant’s death and be paid or commence as soon as practicable, but not later than 90 days, after the Participant’s death.

Related to Prorated Survivor Benefit

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

  • 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.

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

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

  • Qualified Preretirement Survivor Annuity means an annuity which is payable for the life of the Participant's surviving spouse.

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

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • 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.

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

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

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

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

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

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

  • 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;

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

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

  • Lump Sum means the total sum which will have become payable to the Contractor by the Principal upon completion of the Works.

  • Actuarial equivalent means a benefit of equal value when

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • Joint and Survivor Annuity means an immediate annuity for the life of a Participant with a survivor annuity for the life of the Participant's Spouse which is not less than fifty percent (50%), nor more than one hundred percent (100%) of the amount of the annuity payable during the joint lives of the Participant and the Participant's Spouse which can be purchased with the Participant's Vested interest in the Plan reduced by any outstanding loan balances pursuant to Section 7.4.

  • Annuity Benefit means a benefit payable by us as described in Part VII.

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

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Qualified Joint and Survivor Annuity means an immediate annuity for the life of a Participant, with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse, and which is the amount of benefit that can be purchased with the Participant's Vested Account Balance. The percentage of the survivor annuity under the Plan shall be 50%.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.