Benefit costs definition

Benefit costs means the net money payments made to individuals who were employed by employers subject to contributions, excluding extended benefit costs, as provided in this chapter with respect to unemployment.
Benefit costs means the cost of providing Covered Services to Plan Participants and includes amounts paid to Participating Pharmacies and other providers. Benefit Costs do not include Cost Share amounts paid by Plan Participants. Benefit Costs do not include Service Fees. The Benefit Cost includes any Dispensing Fee paid to a Participating Pharmacy or other provider for dispensing covered medications to Plan Participants.
Benefit costs. Section 2.11 "CCC" Section 2.2 "CCC Common Stock" Section 2.3(b) "CCC SEC Reports" Section 2.7(a) "CCC Series C Preferred Stock" Section 2.3(b) "CCC Series D Preferred Stock" Section 2.3(b) "CCC Series E Preferred Stock" Section 2.3(b) "Certificate" Section 1.7(b) "Certificate of Merger" Section 1.2 "Code" Section 1.7(d) "Common Stock Merger Price" Section 1.11(a) "Company" Preamble "Company Common Stock" Recitals "Company Deposit" Section 1.7(a) "Company Disclosure Schedule" Section 2.3(a) "Company Intangible Property Rights" Section 2.18(a) "Company Permits" Section 2.6(b) "Company Plans" Section 2.11 "Company SEC Reports" Section 2.7(a) "Company Series A Preferred Stock" Recitals "Company Series B Preferred Stock" Section 2.3(a) "Company Stock" Recitals "Company Stockholders Meeting" Section 2.13 "Deferral Plans" Section 4.3 "DGCL" Recitals "Dissenting Shares" Section 1.7(e) "Effective Time" Section 1.2 "Environmental Laws" Section 2.17 "ERISA" Section 2.11 "Exchange Act" Section 2.5(a) "Exchange Agent" Section 1.7(a) "Exchange Fund" Section 1.7(a) "Excluded Assets" Recitals "Excluded Liabilities" Recitals "FTC" Section 5.1 "HSR Act" Section 2.5(d) "Incentive Plan" Section 4.3 "IRS" Section 2.11 "Laws" Section 2.5(c) "Liens" Section 2.3(a) "Material Adverse Effect" Section 1.13 "Merger" Recitals "MergerCo" Preamble "Merger Price" Section 1.11(a) "NWA Preferred" Section 2.7(c) "Options" Section 2.7(c) "Parent" Preamble "PBGC" Section 2.11 "Proxy Statement" Section 2.13 "Purchasing LLC" Recitals "SEC" Section 2.7(a) "Securities Act" Section 2.3(a) "September 30, 1997 Balance Sheet" Section 2.9 "September 30 Cash Amount" Section 2.7(c) "Series A Merger Price" Section 1.7(b) "Share" Recitals "Statement of Assets" Section 1.11(b) "Stockholders Agreement" Section 4.1(a) "Surviving Corporation" Section 1.1(a) "Tax" or "Taxes" Section 2.16(a) "Tax Returns" Section 2.16(a) "Third Party" Section 7.1(e)

Examples of Benefit costs in a sentence

  • Actuarial Assumptions for Net Periodic Benefit Costs The weighted-average assumptions as of January 1 of each year used in the measurement of our benefit costs are shown in the following table: The expected return on plan assets for 2010 was determined by evaluating historical returns, the current investment climate (yield on fixed income securities and other recent investment market indicators), rate of inflation and current prospects for economic growth.

  • The first quarter 2018 adoption of ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Costs (ASU 2017-07) requires pension financing costs to be recorded in Other items, net.

  • Retirement Benefit Costs Payments to defined contribution retirement benefit plans are recognized as an expense when employees have rendered service entitling them to the contributions.

  • The costs for reports which are substantially similar to reports prepared by ASI or on behalf of ASI generally for its businesses shall be billed as part of the Benefit Costs.

  • Actuarial Assumptions for Net Periodic Benefit Costs The weighted-average assumptions as of January 1 of each year used in the measurement of our benefit costs are shown in the following table: The expected return on plan assets was determined by evaluating historical returns, the current investment climate (yield on fixed income securities and other recent investment market indicators), rate of inflation and current prospects for economic growth.

  • Employee Benefit Costs - The Company contributes to a defined contribution retirement plan organized by the municipal government in the province in which the Company’s subsidiary is registered.

  • Pension Costs and Postretirement Benefit Costs Other Than Pensions Pension costs and postretirement benefit costs other than pensions are accrued over the period employees provide service to the Company.

  • Periodic Benefit Costs Components of pension and OPEB (income) expense for the years 2019, 2018 and 2017 are presented below: Defined Contribution Plans All employees are eligible to participate in various defined contribution plans.

  • Net Periodic Benefit Costs - Service costs, interest on obligations, expected return on plan assets, amortization of prior service costs, and curtailment costs are reported within Other operating expenses ENERGY HARBOR CORP.

  • Network Plus will pay for your COBRA Benefit Costs, for medical and dental coverages only, for three months in duration.


More Definitions of Benefit costs

Benefit costs means the net money payments made to individuals who were
Benefit costs means, with respect to each person described in this Section 6.01(b), the actual cost to Seller of benefits, including prescription drugs, provided to such person and their covered dependents under the Retiree Medical Plans for claims incurred under the Retiree Medical Plans.
Benefit costs has the meaning set forth in Section 6.01(b).

Related to Benefit costs

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Benefit Amount shall have the meaning set forth in Section 20.12 hereof.

  • Creditable compensation means the full compensation payable annually to an employee working

  • Final compensation of a member means:

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

  • Earnable compensation means the full rate of the

  • Insurance Expenses means any Insurance Proceeds (i) applied to the repair of the related Leased Vehicle, (ii) released to the related Lessee in accordance with applicable law or the Customary Servicing Practices or (iii) representing other related expenses incurred by the Servicer that are not otherwise included in Liquidation Expenses or Disposition Expenses and recoverable by the Servicer under any applicable Servicer Basic Documents.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.

  • Reasonable compensation means, with respect to a regularly employed officer or employee of any person, compensation that is consistent with the normal compensation for such officer or employee for work that is not furnished to, not funded by, or not furnished in cooperation with the Federal Government.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.