Retirement Security Plan definition

Retirement Security Plan or “RS Plan” means the RS Plan or other qualified defined benefit pension plan adopted by the Cooperative that sponsors this EBR.
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Retirement Security Plan means the Montgomery Ward & Co., Incorporated Retirement Security Plan, effective January 1, 1998, and as amended from time to time.
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Examples of Retirement Security Plan in a sentence

  • The combined contributions shall be remitted to the Trustees of the aforementioned Retirement Security Plan.

  • All Officers employed subsequent to January shall, as a condition of employment, become and maintain membership in the Retirement Security Plan.

  • The Company shall not be required to contribute to the Retirement Security Plan on behalf of those Officers employed prior to January and who have elected not to become members of said plan.

  • Each Officer who is a member of the Retirement Security Plan, shall contribute an amount equal to that remitted by the Company.

  • Effective June the Company shall pay, on behalf of each Officer, who is a member of the Retirement Security Plan, in addition to his regular pay, seven and one half percent of the Officer's basic hourly rate on the basis of eight (8) hours for each day worked.

  • A "Month of Retirement Security Plan Contributions" for purposes of Plan eligibility means the full month's contribution was paid to TBT on your behalf.

  • No deductions from an Officer's pay and no Company contributions will be made to the Retirement Security Plan from the date an Officer joins the Company pension plan.

  • Sybron shall conduct applicable nondiscrimination tests for benefits accrued under the Sybron Retirement Security Plan for the plan year of such Plan in which the date established pursuant to Section 5.1(a) occurs.

  • Effective June where an Officer elects to contribute to the Guild's "Retirement Security Plan", the Company shall pay, on behalf of each Officer, in addition to his regular pay, seven and three quarters percent of the Officer's basic hourly rate on the basis of eight (8) hours for each day worked.

  • Effective July 1, 2013, based upon June hours, each Employer covered by this Agreement shall contribute $2.80 (two dollars and eighty cents) for each hour for which an employee is compensated, including overtime hours, into the Teamsters Benefit Trust Retirement Security Plan (RSP).

Related to Retirement Security Plan

  • 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.

  • Individual retirement account means an individual retirement account under Section 408 of the Code, a Roth IRA under Section 408A of the Code, a simplified employee pension under Section 408(k) of the Code or a simple retirement account for employees under Section 408(p) of the Code.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.