VMPP definition
Examples of VMPP in a sentence
The “corresponding” plan shall be: (i) the Spinco Management Pension Plan with respect to participants in the VMPP; and (ii) the Spinco Union Pension Plan with respect to participants in the Verizon Pension Plan for New York and New England Associates, with such determination being based on employment status (management or union-represented) as of the Distribution Date.
Verizon represents that the plan administrator of the VMPP has determined that no additional benefits are due and owing under the VMPP based on the claims asserted in the Young Litigation and that such determination was made in accordance with the VMPP’s claims procedure.
Verizon’s ▇▇▇▇ Atlantic Cash Balance Pension Plan (the “Young Litigation”) that pertains to claims relating to the ▇▇▇▇ Atlantic Cash Balance Pension Plan, which has been merged into the VMPP.
Verizon’s B▇▇▇ Atlantic Cash Balance Pension Plan (the “Young Litigation”) that pertains to claims relating to the B▇▇▇ Atlantic Cash Balance Pension Plan, which has been merged into the VMPP.
The “corresponding” plan shall be: (i) the Spinco Management Pension Plan with respect to participants in the VMPP; and (ii) the applicable Spinco Union Pension Plan with respect to participants in the Stand-Alone Plans and the Mid-Atlantic Associates Plan.
The "corresponding" plan shall be: (i) the Spinco Management Pension Plan with respect to participants in the VMPP; and (ii) the Spinco Union Pension Plan with respect to participants in the Verizon Pension Plan for New York and New England Associates, with such determination being based on employment status (management or union-represented) as of the Distribution Date.
Section 11.3 of the VMPP and the VEMPP stated that portions of the plans’ “assets or liabilities may be transferred to another plan” and that “no benefit 5 This conclusion obviates the need to consider whether the December 22, 2006 amendments could be validly applied, retro- active to November 17, 2006.