Voluntary Benefits definition

Voluntary Benefits means benefits, in respect of a Member, derived from voluntary contributions of the Member and his/her employer and payable in accordance with the terms of the Master Trust Deed.
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Voluntary Benefits means dental and vision benefits or other benefits which are established and offered by the Committee as defined in TCA 8-27-104.
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Voluntary Benefits. Voluntary Benefits Program information is available on the Intranet under Human Resources>Benefits.
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Examples of Voluntary Benefits in a sentence

  • It is understood that employees will be responsible for the entire cost for each component of the Voluntary Benefits program.

  • In addition, at its sole discretion, the Company shall designate the insurance carrier(s) and/or the agents(s) for the various components of the Voluntary Benefits program.

  • Letter of Understanding Re: Part-time Voluntary Benefits If the local parties agree, the Hospital will provide part-time nurses with the option of voluntary participation in any and all of the group health and welfare benefit programs set out in Article It is understood and agreed that the part-time nurses would pay the Employer the full amount of the monthly premiums, in advance.

  • The Company also reserves the right to modify or terminate any one of the various components of the Voluntary Benefits program at any time so long as the changes are uniformly applied to all eligible employees, both non-represented and bargaining unit employees.

  • The Company also reserves the right to modify or terminate any one or all of the various components of the Voluntary Benefits program at any time, so long as the changes are uniformly applied to all eligible employees, both non-represented and bargaining unit employees of the Company.

  • Bria Bruce (Classified Titles Benefits)HR Benefits Coordinator212.237-8561bbruce@jjay.cuny.eduContact for questions about: Health Insurance, FSA (Flex Spending Accounts), WageWorks (pre-tax transit), Pension, and Supplemental Retirement Plans - Tax Deferred Annuities, Voluntary Benefits and information on contacting your welfare fund.

  • In addition, at its sole discretion, the Company shall designate the insurance carrier(s) and/or the agent(s) for the various components of the Voluntary Benefits program.

  • Employees in these Bargaining Units shall be eligible to enroll in a Voluntary Benefits plan established by the Employer.

  • Letter of Understanding Re: Part-time Voluntary Benefits If the local parties agree, the Hospital will provide part-time nurses with the option of voluntary participation in any and all of the group health and welfare benefit programs set out in Article 17.

  • Actual results might differ substantially or materially from those expressed or implied.This report should be read in conjunction with the financialstatements included herein and the notes thereto.DIRECTORS’ REPORTDear Shareholders,Your Directors have pleasure in presenting the 17th Annual Report of the Company together with the audited financial statements for the India’s economic growth rate in the current financial year remained weak at 4.7% (Previous Year: at 4.5%).


More Definitions of Voluntary Benefits

Voluntary Benefits means insured benefits for which each Company paid no portion of the premium immediately prior to the Closing and for which each Company only offered pre-tax payment of premiums.
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Related to Voluntary Benefits

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company and its Affiliates for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) may be entitled as compensatory fringe benefits or under the terms of any benefit plan of the Employer, including severance payments under the Employer's severance policies and practices in the form most favorable to the Executive that were in effect at any time during the 180-day period prior to the Effective Date. Payment of Accrued Benefits shall be made promptly in accordance with the Employer's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits.

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

  • 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;

  • 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.

  • Pecuniary benefit means benefit in the form of money, property, commercial interests or anything else the primary significance of which is economic gain. Expenses associated with social occasions afforded public servants shall not be deemed a pecuniary benefit.

  • Employment benefits means all benefits provided or made

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

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Voluntary Termination means termination by the Employee of the Employee's employment with the Company, excluding termination by reason of Employee's death or disability as described in Sections 2.5 and 2.6.

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

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

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

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

  • Vested Benefits means amounts that are vested or that Executive is otherwise entitled to receive, without the performance by Executive of further services or the resolution of a contingency, under the terms of or in accordance with any investment and savings plan or retirement plan (including any plan providing retiree medical benefits) of the Company or its affiliates, and any ERPs or ESPs related thereto, and any deferred compensation or employee stock purchase plan or similar plan or program of the Company or its affiliates.

  • Compensation Accrued at Termination means the following:

  • Change in Control Benefits means the following benefits:

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Retirement Age means the earlier to occur of:

  • Involuntary Termination of Employment means any termination of Executive's employment by the Company and its subsidiaries, other than a termination for Cause or due to death or Disability.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Voluntary Termination for Good Reason means that the Executive voluntarily terminates his employment after any of the following are undertaken without Executive’s express written consent:

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.