Basic Plan definition

Basic Plan means as to any Member or Vested Former Member the defined benefit pension plan of the Company or an Affiliated Employer intended to meet the requirements of Code Section 401(a) pursuant to which retirement benefits are payable to such Member or Vested Former Member or to the Surviving Spouse or designated beneficiary of a deceased Member or Vested Former Member.
Basic Plan means the plan that provides the least amount
Basic Plan means the plan that provides the least amount of benefits each participant is required to purchase pursuant to the provisions of the plan. The basic plan shall include only health, dental, disability and life benefits;

Examples of Basic Plan in a sentence

  • CLEC is eligible for and will receive discounts on the Basic Plan switch port MRCs if it meets the volume plans described below.

  • Basic Plan MRCs will apply if CLEC does not qualify for any discount.

  • If you are receiving the Recovery Act Basic Plan and terminate the Internet Service within the first 30 days following activation, you will not be charged a penalty or termination fee, but you must return your Equipment as set forth in the Lease Addendum.

  • If you are receiving the Recovery Act Basic Plan and terminate the Internet Service after the first 30 days following activation but before completion of the Minimum Service Term or if you are receiving any of the other Recovery Act Plans and terminate Internet Service at any time following activation but before completion of the Minimum Service Term, you will be required to pay a termination fee equal to the number of months left in your Minimum Service Term multiplied by $20.00.

  • If you are receiving the Recovery Act Basic Plan, you had a 12-month Minimum Service Term.


More Definitions of Basic Plan

Basic Plan. DOCUMENT Means this prototype Plan and Trust document.
Basic Plan means The First American Corporation Pension Plan, a defined benefit pension plan qualified under Code section 401(a), as amended from time to time.
Basic Plan means a health benefit(s) plan providing benefits for employees, annuitants, and family members not enrolled in a supplemental plan.
Basic Plan means the qualified defined benefit pension plan to which the Company makes or has made contributions on behalf of a designated Participant (including, but not limited to The New York Times Companies Pension Plan, The Guild-Times Pension Plan and The Retirement Annuity Plan for Craft Employees of The New York Times Company (non-contributory portion)).
Basic Plan means, as to any Participant or Vested Former Participant, the defined benefit pension plan of the Corporation or an Affiliate, which is intended to meet the requirements of Section 401(a) of the Code and pursuant to which retirement benefits are payable to such Participant or Vested Former Participant or to the Surviving Spouse or designated beneficiary of a deceased Participant or Vested Former Participant.
Basic Plan means the Basic Plan specified in Policy Schedule 1. “Beneficiary(ies)” means the beneficiary(ies) designated under provision A12.
Basic Plan means the Securite Sociale retirement benefit plan sponsored by the French Government.