Supplemental Pension Benefits definition

Supplemental Pension Benefits means the benefits provided pursuant to Article IV of this Plan.
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Supplemental Pension Benefits means all benefits, other than increased or additional benefits granted by the Purchasers after the Closing Date, payable to the beneficiaries of the Pension Plan, including those individuals who are designated on Schedule 11.13 as "Executive Participants", in excess of the benefits to which such beneficiaries would have been entitled under the plan except for the restriction contained in Section XIX of the plan, or any similar limitation applicable to the plan at the time, which reduces the monthly pension to which such persons would otherwise have become entitled under the Pension Plan.
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Supplemental Pension Benefits means the Pre-2005 Supplemental Pension Benefits and the Post-2004 Supplemental Pension Benefits.
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Examples of Supplemental Pension Benefits in a sentence

  • No amendment or termination will result in an acceleration of Supplemental Pension Benefits in violation of Section 409A of the Code.

  • This Plan is intended to provide such employees and their Beneficiaries with benefits ("Supplemental Pension Benefits") equal to the difference between what their Qualified Plan Benefits would be absent the Benefit Limitations, and what their Qualified Plan Benefits would be with the imposition of the Benefit Limitations.

  • If, within one additional year after such three-year period has elapsed, or, within three years after the actual death of a Participant, whichever occurs first, the Committee is unable to locate any Beneficiary of the Participant, the Participant and his Beneficiary shall forfeit all rights to any Supplemental Pension Benefits.

  • Notwithstanding any provision of this Supplemental Pension Plan to the contrary, the Supplemental Pension Benefits provided under this Article IV shall be determined and coordinated by the Committee so as to prevent any duplication of benefits under this Plan and the Pension Plan or under any individual employment or supplemental pension agreement.

  • Except as otherwise provided by Section 6(a) with respect to the payment of Supplemental Pension Benefits, the Participant's beneficiary for purposes of this Plan shall be the person or entity designated by the Participant in writing on a form prescribed by and filed with the Company.

  • Supplemental Pension Benefits, adjusted as provided below, are payable upon a Participant’s Deferred Vested Retirement Date, which is the date the Participant attains age fifty-five (55) if the Participant incurs a Separation from Service other than on account of death prior to attaining age fifty-five (55) and does not otherwise qualify for Early Retirement benefits under Section 3.4(b), above.

  • Supplemental Pension Benefits shall be actuarially adjusted in the same manner as benefits are adjusted under the Gxxxxxxx Retirement Plan.

  • Supplemental Pension Benefits shall be payable only from the general assets of the Employer.

  • Sincerely, Wilson-McShane Corporation Fund Administrators SUPPLEMENTAL PENSION BENEFITS APPLICATION Participant, attached is the application you requested for Supplemental Pension Benefits.

  • However, as described in Subsection (c) of this Section, the Beneficiary under the Pension Plan shall be used as the "measuring life" for purposes of the amount and duration of the Supplemental Pension Benefits payable to any Beneficiary hereunder.

Related to Supplemental Pension Benefits

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Termination Benefit means the benefit set forth in Article 7.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Pension Benefits Act means The Pension Benefits Act of Ontario and regulations thereunder as amended from time to time.

  • 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.

  • Canadian Defined Benefit Pension Plan means a Canadian Pension Plan that contains or has ever contained a “defined benefit provision” as such term is defined in Section 147.1(1) of the Income Tax Act (Canada).

  • superannuation benefit means any payment, other than a refund of contributions, made to a dentist by virtue of the application of the (a) National Health Service Pension Scheme Regulations 1995; or (b) the National Health Service Superannuation Scheme (Scotland) Regulations 1995 or (c) the corresponding provisions of the law in force in Northern Ireland; as a result of his providing general dental services;

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Disability Benefit means the benefit set forth in Article 8.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • state pension credit means state pension credit under the State Pension Credit Act 2002;

  • Change in Control Benefit means the benefit described in Section 2.4.

  • war pension means a war disablement pension, a war widow’s pension or a war widower’s pension;

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Actuarial equivalent means a benefit of equal value when

  • superannuation benefits means pensions, gratuities and other allowances payable on resignation, retirement or death;