SERP definition

SERP has the meaning assigned thereto in Section 5(c) hereof.
SERP means any and all supplemental retirement plans in which the Executive participates (including, but not limited to, any benefit restoration plan(s) maintained by the Company from time to time).

Examples of SERP in a sentence

  • It is recommended that the Board conduct a study session to provide updates on the structural analysis recommendations, Supplemental Early Retirement Program (SERP), and organizational restructure.

  • This value consists of compensatory items for the Company’s Pension Plan and SERP (as defined herein).

  • Additionally, the SERP “Annual Benefit Payable” column takes into consideration the offsets as described in the SERP documentation including: the annuitized value of the notional account as well as entitlement to a General Electric pension and any minor legacy adjustments from predecessor companies, if applicable, but is not inclusive of any of those benefits.

  • SHGs, federations, nodal offices of Government- sponsored schemes, MFIs and insurance agents have also been appointed as distribution agents.3. Hasthan Co-contribution Pension The Hasthan co-contributory pension scheme for women of AP is being implemented by SERP in the state.

  • Adding credits after census date will not exempt an employee from the mandatory SERP assessment.


More Definitions of SERP

SERP means the prepetition supplemental executive retirement program between Delphi and certain employees.
SERP means the Tenth Amended and Restated Ashland Inc. Supplemental Early Retirement Plan for Certain Key Executive Employees, as it now exists or as it may hereafter be amended.
SERP has the meaning set forth in Section 4 of the Agreement.