Accrued Pension definition

Accrued Pension means the U.S. dollar amount of the actuarially-determined present value of the accrued and unpaid past service pension benefits under the Directors’ Nonqualified Pension Arrangements of a Director acting as such at and as of June 30, 1996, as calculated by Kwasha Lipton as of the Termination Date, taking into account the Director’s age and years and months of past service and such other assumptions as shall be reasonable and uniformly applied to all Directors.
Accrued Pension means the benefit the Participant has accrued and vested under a Defined Benefit Plan, expressed as a single-life annuity payable for the Participant’s life beginning at the Participant’s normal retirement date or, if later, his or her actual retirement date, under the Defined Benefit Plan.
Accrued Pension means a pension amount determined with respect to a Participant in accordance with Section 6.2(a) of the Plan using the date of determination for the date of early retirement.

Examples of Accrued Pension in a sentence

  • An Employee who has at least ten years of Credited Service and who has not retired under Article or Article and who becomes totally and permanently disabled as determined by the Company and as certified by a medical practitioner, will be entitled to an immediate Pension equal to his Accrued Pension at the date of disability.

  • All severance and other costs (other than in respect of any Accrued Pension Benefits) associated with workforce restructuring activities associated with the Transferred Employees subsequent to the Closing Date shall be borne solely by Buyer.

  • For an Employee who retires on and after January 1, 1988 there shall be payable to any Employee age 65 or older, who has at least 2 years of Credited Service but less than 10 years of Credited Service and who makes proper application therefore, a monthly Pension Benefit equal to his/her Accrued Pension in respect of Credited Service from January 1, 1987 to his/her date of retirement.

  • Accrued Pension means the sum of Accrued Current Service Prior Service Pension.

  • To such an Employee a monthly Pension Benefit shall be payable commencing on the first day of the month selected by the Employee (but in no event prior to the Employee's date of application for pension) which shall be equal to his/her Accrued Pension at his/her date of early retirement multiplied by the Applicable actor as set forth in the following table.


More Definitions of Accrued Pension

Accrued Pension means, as of any Determination Date, the normal retirement Pension, payable commencing on the Participant’s Normal Retirement Date, or immediately if the Participant has already attained his Normal Retirement Age, computed under Section 5.01(b) on the basis of the Participant’s Final Average Compensation and Benefit Service to the Determination Date.
Accrued Pension means the U.S. dollar amount of the actuarially-determined present value of the accrued and unpaid past service pension benefits under The Southern Company OutsideDirectors' Pension Plan (the "Directors Pension Plan ") of a Director acting as such at and as of December 31, 1996, as calculated as of the termination date of the Directors Pension Plan (the "Termination Date"), taking into account the Directors age and years and months of past service and such other assumptions as shall be reasonable and uniformly applied to all Directors.
Accrued Pension means the U.S. dollar amount of the
Accrued Pension means, as of any Determination Date, the normal retirement Pension, payable commencing on the Participant's Normal
Accrued Pension means the sum of Accrued Current Service Pension and Accrued Prior Service Pension.
Accrued Pension means pension that has accrued from earnings, unpaid periods as referred to in section 4 and compensation accrued from state funds according to the Act on the Compensation from State Finances of Pension Accrual for Periods of Caring for a Child Aged under Three and for Periods of Study (644/2003);
Accrued Pension means, in relation to a former RMIPF Member, the amount obtained by dividing the Accumulation Account (as defined in paragraph 2.5(a) of this Appendix) at the Payment Date by the Conversion Factor as defined in the definition of the Value for Money Pension. 2.2 A definition "Accumulated Initial Balance" is added as follows -