Supplemental Pension Benefit definition

Supplemental Pension Benefit means the benefit earned by a Participant pursuant to Section 4.03 of the Plan.

Supplemental Pension Benefit means the pension benefit, if any, that is payable to a Participant under a group and/or individual supplemental benefit plan of an Affiliated Employer (as such term is defined therein).

Supplemental Pension Benefit means the pension benefit payable pursuant to the terms of the Plan to a Participant meeting the eligibility requirements of Section 3.1 of the Plan.

Examples of Supplemental Pension Benefit in a sentence

• A Participant shall have a non-forfeitable right to his Supplemental Pension Benefit under this Plan in the same percentage as he has to his accrued benefits under the Pension Plan at the time the benefits become distributable to him under the Pension Plan.

• An election by the Participant with respect to the timing and form of this Supplemental Pension Benefit shall be effective only if consented to by the Plan Administrator.

• The amount of an Eligible Employee's Supplemental Pension Benefit Contribution for a Plan Year will be equal to the Actuarial Equivalent of the amount by which that Eligible Employee's Pension Benefit under the Pension Plan for that Plan Year was reduced as a result of Code Sections 401(a)(17) and/or 415.

• A Supplemental Pension Benefit that is payable in any form other than a single life annuity, or which commences at any time prior to the Participant's Normal Retirement Date shall be calculated using the same conversion factors and actuarial adjustments as those specified in the Qualified Plan as of the date that such benefit is being determined.

• The Supplemental Pension Benefit payable to a Participant or Participant’s Beneficiary in a form other than a single life annuity shall be actuarially equivalent to such single life annuity payment option.

More Definitions of Supplemental Pension Benefit

Supplemental Pension Benefit means the benefit payable to a Plan Participant as described in Section 3.1.

Supplemental Pension Benefit means the benefit determined in accordance with the provisions of Article IV.

Supplemental Pension Benefit means the benefit credited to a Participant pursuant to Section 4.03 of the Plan.

Supplemental Pension Benefit means an annual benefit determined under the provisions of Section 4.1 hereof.

Supplemental Pension Benefit means the lump sum benefit payable to a Participant pursuant to the Plan by reason of his termination of employment with the Company and all affiliates for any reason.

Supplemental Pension Benefit means (a) less (b), where:

Supplemental Pension Benefit means the Supplemental Pension Benefit provided under the Supplemental Savings and Retirement Plan of the Bank.