BENEFIT DURATION Sample Clauses

BENEFIT DURATION. Such payments shall continue to be drawn against available credits in the Bank during such disability so long as credits remain available under the Bank and the member remains eligible for benefits provided that:
AutoNDA by SimpleDocs
BENEFIT DURATION. Such payments shall continue to be drawn against available credits in the Bank during such disability so long as credits remain available under the Bank and the member remains eligible for benefits provided that: No member shall be entitled to draw benefits under this Bank after has attained the tenure or age that would entitle to an pension without actuarial reduction or an unreduced pension under the Metropolitan Toronto Pension Plan.
BENEFIT DURATION. Payment of LTD benefits shall continue so long as the employee remains eligible for benefits provided that:
BENEFIT DURATION. Such payments shall continue to be drawn against available credits in this Bank during such disability so long as credits remain available under the Bank and the member remains eligible for benefits provided that: No member shall be entitled to draw benefits under this Bank after has attained the tenure or age that would entitle to an pension without actuarial reduction or to an unreduced pension under the Metropolitan Toronto Police Benefit Fund. A member will not lose his entitlement to receipt of benefits hereunder by reason only that the member is entitled to a pension under the Police Benefit Fund because the member has completed to years of credited service.
BENEFIT DURATION. The Board agrees to supplement employment insurance benefits for a maximum of seventeen (17) weeks or for the health related portion of the employee’s maternity leave, whichever is less. The employee shall not be entitled to any supplementation of employment insurance benefits for any period during which the employee would not have taught but for being on maternity leave.
BENEFIT DURATION. The Plan will provide up to 52 weeks of benefits while disabled for employees with less than one year of service prior to the start of the disability and up to 104 weeks for employees with one or more years of service prior to the start of the disability.
BENEFIT DURATION. The Company’s obligation to pay benefits under this section 2 shall terminate on the first to occur of (w) the date the Executive becomes eligible for medical and dental coverage under another medical insurance plan, whether purchased independently by the Executive or provided by another employer, (x) the Executive’s attainment of age 60, (y) the Executive’s death, or (z) the second anniversary of the Executive’s employment termination. Termination of benefits under this section 2 shall not, however, relieve the Company of its obligation to make a reimbursement payment due but not yet paid to the Executive. This section 2 shall not be interpreted to limit any benefits to which the Executive or the Executive’s dependents or beneficiaries may be entitled under any of the Company’s or subsidiary’s employee benefit plans, agreements, programs, or practices after the Executive’s employment termination, including without limitation retiree medical benefits.
AutoNDA by SimpleDocs
BENEFIT DURATION. The Employer agrees to supplement employment insurance benefits for a maximum of seventeen (17) weeks or for the health-related portion of the employee’s maternity leave, whichever is less. The employee shall not be entitled to any supplementation of employment insurance benefits for any period during which the employee would not have taught but for being on maternity leave.
BENEFIT DURATION. The School Division agrees to supplement employment insurance benefits for a maximum of seventeen (17) weeks or for the health related portion of the employee’s maternity leave, whichever is less. The employee shall not be entitled to any supplementation of employment insurance benefits for any period during which the employee would not have taught but for being on maternity leave.

Related to BENEFIT DURATION

  • Death Benefit Amount The Death Benefit Amount as of any Business Day prior to the Annuity Date is equal to the greater of:

  • Death During Benefit Period If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

  • Benefit Limit A. Should it be determined that the aggregate Present Value (measured as of the Closing Date) of the Parachute Payment attributable to the Payment(s) does not exceed one hundred ten percent (110%) of the Permissible Parachute Amount, then no Gross-Up Payment shall be made to Executive under Paragraph 1 of this Appendix. Instead, the limitations set forth in this Paragraph 2 shall apply. Accordingly, the amount of the Payments otherwise due the Executive shall be reduced to the extent necessary to assure that the aggregate Present Value of the Payment(s) does not exceed the greater of the following dollar amounts (the “Benefit Limit”)

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.

  • Early Retirement Benefit If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2.

  • Death After Separation from Service But Before Benefit Distributions Commence If the Executive is entitled to benefit distributions under this Agreement, but dies prior to the commencement of said benefit distributions, the Bank shall distribute to the Beneficiary the same benefits that the Executive was entitled to prior to death except that the benefit distributions shall commence within thirty (30) days following receipt by the Bank of the Executive’s death certificate.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Normal Retirement Benefits A Participant shall be entitled to receive the balance held in his or her account upon attaining his or her Normal Retirement Age or at such earlier dates as the provisions of this Article VI may permit. If a Participant elects to continue working past his or her Normal Retirement Age, he or she will continue as an active Participant. Unless the Employer elects otherwise in the Adoption Agreement, distribution shall be made to such Participant at his or her request prior to his or her actual retirement. Distribution shall be made in the normal form, or if elected, in one of the optional forms of payment provided below.

Time is Money Join Law Insider Premium to draft better contracts faster.