Examples of Vested Accrued Benefit in a sentence
Your Vested accrued benefit will not become payable until you reach Normal Retirement Age.
It carries mark up at the rate of six months KIBOR + 1.00% per annum.
Refer to the Cash Balance Plan SPD for information on how your benefit under the Cash Balance Plan is determined.A discussion of how your Vested accrued benefit under the ANS Salaried Retirement Plan is determined follows below.
BENEFITS UNDER THE PENSION PLAN Generally, your benefit under the Pension Plan is the greater of (i) your Vested benefit under the Cash Balance Plan payable at your Normal Retirement Date in the form of a Single Life Annuity or (ii) your Vested accrued benefit under the ANS Salaried Retirement Plan payable at your Normal Retirement Date in the form of a Single Life Annuity.
No Participant loan shall exceed the present value of the Participant's Vested accrued benefit.