Basic Pension Plan definition

Basic Pension Plan means the National Fuel Gas Company Retirement Plan, as amended and restated from time to time.
Sample 1Sample 2Sample 3
Basic Pension Plan means the Sempra Energy Cash Balance Plan, and where applicable by the context, the pension plan of a subsidiary of Sempra Energy.
Sample 1Sample 2Sample 3
Basic Pension Plan means the registered pension plan, if any, of which the Executive was a member prior to January 1, 2002 and/or will be a member after January 1, 2002 as indicated on the attached Schedule A, as amended by the Company from time to time, and shall include any successor or substitute plan or plans of the Company.
Sample 1Sample 2

Examples of Basic Pension Plan in a sentence

  • The Board and the member shall make equal contributions to the O.M.E.R.S. Basic Pension Plan Benefit as prescribed under the O.M.E.R.S. Act and Regulations thereto.

  • For employees regularly employed for twenty-four (24) hours per week or more, enrolment into the OMERS Basic Pension Plan is mandatory.

  • All employees shall be enrolled in the OMERS Basic Pension Plan, pursuant to the provisions of the Plan as amended from time to time.

  • Employer contributions to the Basic Pension Plan are recognized when due.

  • Benefits are recognized when due and payable in accordance with the terms of the Basic Pension Plan.

  • Each employee shall join the Ontario Municipal Employees Retirement System Basic Pension Plan upon his or her hire date.

  • Older pension plans The Basic Pension Plan 65, the Defined Contribution Scheme 65 and the transitional pension schemes for 2002 and 2006 have been discontinued.

  • The UCHA Board is the fiduciary of the Basic Pension Plan and has the ability to amend this plan at its sole discretion.The Investment Account, Matching Account, and 457b Plan are administered by independent companies that have entered into trust agreements with UCHA.

  • Effective January and continuing each year thereafter, the Board shall purchase, in addition to Basic Pension Plan, a Type Supplementary Pension Plan at a benefit rate to fully cover past and future service.

  • Employees who terminate with eligibility for a Deferred Vested Pension and have at least two hundred fifty hours of Sick Leave in their Bank will also receive Credited Service in their Basic Pension Plan calculation.


More Definitions of Basic Pension Plan

Basic Pension Plan means the Agnico-Eagle Mines Limited Employees Pension Plan, as amended by the Company from time to time, and shall include any successor or substitute plan or plans of the Company. •
Sample 1Sample 2
Basic Pension Plan means the plan which is known as the Federated Department Stores, Inc. Cash Account Pension Plan, as such plan exists as of the Effective Amendment Date or as it may thereafter be amended. The Basic Pension Plan, as herein defined, is a defined benefit plan (as such term is defined in Section 414(j) of the Code and Section 3(35) of ERISA), is intended to be qualified as a tax-favored plan under Section 401(a) of the Code, and is sponsored by Federated.
Sample 1
Basic Pension Plan means a defined benefit pension plan or money purchase pension plan sponsored by the Employer.
Sample 1
Basic Pension Plan means the MeadWestvaco Corporation Retirement Plan for Salaried and Non-Bargained Hourly Employees or any other “defined benefit plan” (as defined in section 3 of ERISA) sponsored by the Employer that is qualified under section 401(a) of the Code and is designated by the Board of Directors as a “Basic Pension Plan” for purposes of this Plan.
Sample 1

Related to Basic Pension Plan

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Canadian Defined Benefit Pension Plan means a Canadian Pension Plan which contains a “defined benefit provision,” as defined in subsection 147.1(1) of the Income Tax Act (Canada).

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Canadian Pension Plan means any Canadian Employee Benefit Plan, other than a Canadian Multiemployer Plan, which is registered in accordance with the ITA or other Applicable Law and which (a) is maintained for the employees of the Borrower or any of its Subsidiaries or (b) has at any time within the preceding six (6) years been maintained for the employees of the Borrower or any of its Subsidiaries which the Borrower or any of its Subsidiaries sponsors, maintains, or to which it makes, is making or is obligated to make, contributions, and shall not include any Pension Plan.

  • Foreign Pension Plan means any plan, fund (including, without limitation, any superannuation fund) or other similar program established or maintained outside the United States by the Borrower or any one or more of its Subsidiaries primarily for the benefit of employees of the Borrower or such Subsidiaries residing outside the United States, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and which plan is not subject to ERISA or the Code.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Pension Plan means any “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by the Borrower or any ERISA Affiliate or to which the Borrower or any ERISA Affiliate contributes or has an obligation to contribute, or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five plan years.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Multiemployer Pension Plan means a multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which the Company or any other member of the Controlled Group may have any liability.

  • Canadian Pension Plans means each pension plan required to be registered under Canadian federal or provincial law that is maintained or contributed to by a Loan Party or any Subsidiary of any Loan Party for its employees or former employees, but does not include the Canada Pension Plan or the Quebec Pension Plan as maintained by the Government of Canada or the Province of Quebec, respectively.

  • Canadian Benefit Plan means any plan, fund, program or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Loan Party has any liability with respect to any of its employees or former employees employed in Canada, and includes any Canadian Pension Plan.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Normal Retirement Benefit means an annual benefit equal to One Hundred Fifty Thousand Dollars and No/100 ($150,000.00) per year, payable in accordance with the terms of this Agreement. Beginning on the thirteenth month that the Normal Retirement Benefit is paid, and continuing thereafter until paid in full, the Normal Retirement Benefit shall be increased annually by three percent (3%) from the previous year’s Normal Retirement Benefit amount to account for cost of living increases.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Retirement Benefit means the benefit set forth in Article 5.

  • war pension means a war disablement pension, a war widow’s pension or a war widower’s pension;

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Guaranteed Pension Plan means any employee pension benefit plan within the meaning of §3(2) of ERISA maintained or contributed to by any Borrower or any ERISA Affiliate the benefits of which are guaranteed on termination in full or in part by the PBGC pursuant to Title IV of ERISA, other than a Multiemployer Plan.

  • state pension credit means state pension credit under the State Pension Credit Act 2002;

  • Qualified Plan means a Pension Plan that is intended to be tax-qualified under Section 401(a) of the IRC.