Examples of Supplemental Spouse in a sentence
Beginning on the earliest date that the surviving spouse could have begun receiving a benefit under the NiSource Pension Plan, or any other Qualified Pension Plan, the Supplemental Spouse Pension payable under this Section shall be reduced by the amount of benefit under the NiSource Pension Plan, or any other Qualified Pension Plan, and the Pension Restoration Plan that the spouse is (or would have been) entitled to receive.
Your Supplemental, Spouse & Dependent, and Accidental Death, Dismemberment and Loss of Use coverages willterminate at the end of the month in which you retire, or attain age 70, whichever is earlier.
The Supplemental Spouse Pension shall commence in the month next following the month of the Participant’s death and continue for the life of such spouse.
No amendment or termination of the Plan shall directly or indirectly deprive any current or former Participant (or surviving spouse) of all or any portion of any Supplemental Retirement Benefit, Supplemental Disability Pension, Supplemental Spouse Pension, or Supplemental Retirement Account, the payment of which has commenced prior to the effective date of such amendment or termination, or which would be payable if the Participant experienced a separation from Service for any reason on such effective date.
Upon termination of the Plan, distribution of a Participant’s Supplemental Retirement Benefits, Supplemental Disability Pension, Supplemental Retirement Account, or Supplemental Spouse Pension shall be made to the Participant or his or her surviving spouse or beneficiary in the manner and at the time described in Articles IV, V and VI of the Plan.
The Supplemental Spouse Pension shall commence in the month next following the month of the Participant's death and continue for the life of such spouse.
Supplemental Spouse rates and premiums are based on the Spouse's age.
Upon and after a Change in Control, the Committee may, in its sole discretion, distribute, or cause the trustee under the Trust to distribute, to a Participant or a surviving spouse, the present value (determined in accordance with the assumptions in Section 7.12) of the Participant’s Pre-2005 Benefit, or the portion of Supplemental Disability Pension or the surviving spouse’s Supplemental Spouse Pension attributable to his or her Pre-2005 Benefit, payable under the Plan in a lump sum payment.
Supplemental Spouse rates and premiums are based on the Spouse's age, not the employee's age.
This enables the Executive to reflect on the proposals and recognise that the economic climate is not as supportive on inflation rises to fees and charges.