RP Benefit definition
RP Benefit means the benefit due to a Participant as determined under the RP, but excluding the special retirement incentive provided to any Participant who retired under the 2012 EER Program or the 2023 EER Program.”
RP Benefit means the benefit due to a Participant under the RP as of the date of his or her Termination, calculated as if the Participant elected receipt of the RP and/or DPSP benefit as of such date. In the case of a Participant who dies before Termination, the benefit payable to his or her Beneficiary under the RP shall be calculated as if the amount payable under the RP were 100% (and not 50%) of the lump sum Actuarially Equivalent value of the Retirement Benefit or Termination Benefit (as those terms are defined in the RP). Nothing in the preceding sentence is intended to increase any amount otherwise payable from the RP.
RP Benefit means the benefit due to a Participant as determined under the RP.
Examples of RP Benefit in a sentence
The RP Benefit Plans are listed in the RP Disclosure Schedule and copies or descriptions of all material Plans have previously been provided to CSI.
Each RP Benefit Plan which is subject to Part 3 of Subtitle B of Title I of ERISA or Section 412 of the Code has been maintained in compliance with the minimum funding standards of ERISA and the Code and no such RP Benefit Plan has incurred any "accumulated funding deficiency" (as defined in Section 412 of the Code and Section 302 of ERISA), whether or not waived.