Regular Benefit definition

Regular Benefit means such weekly benefit as is payable under Article VII of the Plan to an eligible employee for a week of layoff in which he performed no work for the Company, and received no Jury Duty, Bereavement or similar pay from the Company.
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Regular Benefit means a benefit, other than an extended benefit, payable to an individual under this subtitle or another state unemployment compensation law, including a benefit payable to a federal civilian employee or an ex‑servicemember under 5 U.S.C. Chapter 85.
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Regular Benefit means the amount of pension benefits payable to, or with respect to, the Participant on account of the Participant's termination of employment, or normal, early or late retirement, which would require payment of pension benefits under the Pension Plan.
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Examples of Regular Benefit in a sentence

  • The Alternate Benefit shall be the Actuarial Equivalent of the Regular Benefit provided under paragraph 3(b).

  • An Eligible Board Member for good cause may apply to the Board of any Adopting Fund for, and, at the discretion of such Board, may be granted, a retirement benefit (the "Early Benefit") which is the Actuarial Equivalent of the Regular Benefit or Alternate Benefit previously elected by such Eligible Board Member.

  • Haitian Refugee24 Russian Jew26 Ethiopian Refugee83 Presumptive Eligibility - Breast or Cervical Cancer Treatment (BCCT)84 Regular Benefit - Breast or Cervical Cancer Treatment (BCCT)85 Ticket to Work Health Assurance Program (TWHAP) --premium86 Ticket to Work Health Assurance Program (TWHAP) -- non-premiumMO HealthNet coverage for the following programs or services has been eliminated or reduced for adults with a limited benefit package.

  • No benefit shall be payable beyond the time that the employee no longer satisfies the disability requirement except that, if he/she remains on qualifying layoff under the SUB Plan, benefits shall be payable for remaining days in the same Week as defined in the SUB Plan for which he/she does not receive a Regular Benefit.

  • Benefits start on the first day following the last day for which a Regular Benefit was payable to the employee if he/she was receiving Regular Benefits immediately prior to his/her becoming disabled, otherwise on the first day of qualifying disability.

  • This benefit plan is the same as Regular Benefit Plan AC, except that there is no provision for cost of living adjustments.

  • The Alternate Benefit shall be the actuarial equivalent of the Regular Benefit provided under paragraph 2(b).

  • Any current employee who was a member under a plan which provided benefits under the 1/50 or 1/60 formula with a cost of living adjustment may elect to be under Regular Benefit Plan A and any current employee who was under a plan which provided benefits under the 1/50 or 1/60 or 1/70 formula without cost of living adjustments may elect to be under Regular Benefit Plan AN.

  • The requirements for a member to qualify for a service retirement benefit under this paragraph are exactly the same as under Regular Benefit Plan AC - subsection 1, paragraphs B and B-1.

  • Regular Benefit Plan AC may be elected by any participating local district or local district.


More Definitions of Regular Benefit

Regular Benefit means a weekly benefit payable under Section 1 of Article II (See definition of “Benefit”);
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Regular Benefit means the Benefit payable to an eligible Employee for a Week of layoff in which he performed no work for the Company and received no
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Regular Benefit or ‘Weekly Supplemental Benefit” means a Weekly Benefit as is payable under Article VII, Section of this plan.
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Regular Benefit means an amount equal to 6 percent of a Participant’s Compensation for the Plan Year to which the benefit relates, taking into account only that portion of the Participant’s Compensation earned while he or she is a Participant; and
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Regular Benefit or “Regular Annuity” means the form of benefit payable under the plan and is a straight lifetime annuity payable in equal monthly installments.
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Related to Regular Benefit

  • Regular benefits ’ means benefits payable to an individual under this act or under any other state law, including benefits payable to federal civilian employees and to ex-servicemen pursuant to 5 U.S.C. chapter 85, other than extended benefits.

  • 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.

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

  • Regular ballot means a ballot that is not a provisional ballot.

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

  • 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.

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

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

  • 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.

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

  • 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).

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

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

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

  • 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.

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

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Regular Employee is one who works on a full-time or part-time basis on regularly scheduled shifts of a continuing nature:

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

  • regular service means service rendered by an employee in the Cadre on a regular basis other than the service on contract or daily wages or ad-hoc but includes ad-hoc promotion or appointment in a cadre post through due procedure followed by regularization to the extant approved by the competent authority.

  • Service benefit means the credit toward retirement benefits as determined by the

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

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