Retiree Welfare Plan definition
Examples of Retiree Welfare Plan in a sentence
To the extent the Executive’s RHCSA and related dependent healthcare spending account may not be immediately vested and paid out under the Company’s Master Retiree Welfare Plan or any successor plan, such amounts shall be paid out of the general assets of the Company.
Xxxxxxx Controls shall retain all Liabilities under the Xxxxxxx Controls Retiree Welfare Plan for Xxxxxxx Controls Group Employees and Former Xxxxxxx Controls Group Employees.
From and after the Effective Time (or, if earlier, the date on which the Adient U.S. Retiree Medical Plan is established), Adient Group Employees and Former Adient Group Employees shall cease to participate in the Xxxxxxx Controls Retiree Welfare Plan.
As of the Plan Split Date, each TimkenSteel Spinoff Retiree Welfare Plan covers those TimkenSteel Employees and Former TimkenSteel Business Employees and their Plan Payees who immediately prior to the Plan Split Date were participating in, or entitled to present or future benefits under, the corresponding Split Retiree Welfare Plan.
Columbia shall cause each Columbia Retiree Welfare Plan to waive any waiting periods, evidence of insurability requirements, and the application of any preexisting condition limitations with respect to each Business Employee (and, if applicable, such Business Employee’s participating spouse and/or dependents) and Surviving Dependent.