Benefit Determination Date definition

Benefit Determination Date means the following:
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Benefit Determination Date means any of the following: (1) the Executive’s Normal Retirement Date; (2) the date the Executive incurs an Involuntary Termination prior to the Executive’s Normal Retirement Date; (3) the date of the Executive’s death; (4) the date the Executive incurs a Disability; or (5) the date of a Change in Control.
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Benefit Determination Date means the later of the first day of the calendar month coincident with or next following the Participant’s Termination Date or the Participant’s Early Retirement Date. Notwithstanding the foregoing, if a Participant’s Separation from Service occurs due to Disability prior to the Participant’s Normal Retirement Date, the Participant’s Benefit Determination Date shall mean the Participant’s Normal Retirement Date.
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Examples of Benefit Determination Date in a sentence

  • If any portion of the amount entered in item 3 is (or will be) transferred to PBGC more than 90 days after the Benefit Determination Date, enter that amount.b If there is a late payment, enter the applicable interest charge.

  • Late payment chargea Late payment — A Benefit Transfer Amount (or portion thereof) is considered late if it is paid to PBGC more than 90 days after the Benefit Determination Date.

  • This component of the Category 2 Benefit Transfer Amount applies only if:– The Benefit Determination Date is after the missing participant’s Normal Retirement Date, or– The missing participant began receiving benefits before the Benefit Determination Date (i.e., the missing participant was in Pay-Status).Appendix 3 provides detailed information about how these calculations are done.

  • Benefit Determination Date means, with respect to a plan that terminates on or after January 1, 2018, the date as of which the amount to be transferred to PBGC under the Missing Participants Program is determined.

  • This amount is called the “Benefit Transfer Amount.” Determining a Distributee’s Benefit Transfer AmountThe Benefit Transfer Amount is generally the present value of a distributee’s accrued benefit as of the Benefit Determination Date.

  • Interest is determined using the Missing Participants Interest Rate and is accumulated from the90thP P day after the Benefit Determination Date through to the date the late payment is transferred to PBGC.

  • Notwithstanding anything to the contrary, the monthly benefit, as determined under Section 3(a), shall be reduced by one-twelfth (1/12th) of two (2) percentage points of Final Average Pay for each full calendar month by which the Participant’s Benefit Determination Date precedes the Participant’s Normal Retirement Date.

  • For example, if the participant is age 58¾ on the Benefit Determination Date, for the age-specific items, report amounts starting with age 59 and enter N/A for ages 55 – 58.– Ages after the participant’s normal retirement age.

  • Council recognises the importance of effective and open working relationships with its suppliers and is committed to the following:• Managing existing suppliers via performance measurements to ensure the benefits are delivered.• Establishing preferred supplier contracts.

  • Notwithstanding the foregoing, if the Participant has elected an approved single sum distribution of his FAC Pension as described in Section 5.8(b) or (c), the present value of the Survivor’s Benefit, as determined on the first day of the month coincident with or next following the Participant’s death (the “Survivor’s Benefit Determination Date”) will be paid to the Participant’s Surviving Spouse in a single sum within thirty (30) days of the Survivor’s Benefit Determination Date.


More Definitions of Benefit Determination Date

Benefit Determination Date means the first day of the calendar month immediately following the later of the Participant’s 55th birthday or the date of his or her Separation from Service.
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Benefit Determination Date means the date that Plan benefits are calculated.
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Benefit Determination Date means the first business day of the calendar month following the earliest of (i) the Executive’s Normal Retirement Date; (ii) the Executive’s Separation from Service; (iii) the Executive’s death; (iv) the Executive’s Disability; or (v) a Change in Control.
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Benefit Determination Date means the date as of which the amount payable to the Participant or Beneficiary under this Plan is calculated, which will be the last day of the calendar month immediately preceding the calendar month in which the payment is due under the Plan.
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Benefit Determination Date means a date selected by Midland that is not more than thirty days after the Effective Date.
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Benefit Determination Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution, as provided.
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Related to Benefit Determination Date

  • Adverse Benefit Determination means any of the following:

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Event Determination Date means either:

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date, in respect of the first Subsequent Reset Period, the second Business Day prior to the Second Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Final Adverse Benefit Determination means an adverse benefit determination that is upheld at the completion of a health plan issuer’s internal appeals process.

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to the Interest Periods and the Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Average SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Average SOFR Note.Term SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Term SOFR Notes will bear interest at a rate per annum equal to Term SOFR (as defined below) (or Specified-Tenor Term SOFR (as defined below)), plus the Spread.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Expert Determination the process described in Paragraph 6 of Schedule 8.3 (Dispute Resolution Procedure);

  • Spread Determination Date means, for the reset rate notes, any time after the Notice Date but no later than 3:00 p.m., New York City time, on the third business day prior to the related reset date.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Final Determination Date means the following:

  • Reset Interest Determination Date means, in respect of any Reset Period, the day falling two Business Days prior to the beginning of the relevant Reset Period;

  • SOFR Determination Time means 3:00 p.m. (New York time) on the U.S. Government Securities Business Day, at which time Compounded SOFR is published on the FRBNY’s Website.

  • LIBOR Determination Date With respect to any Interest Accrual Period for the LIBOR Certificates, the second London Business Day preceding the commencement of such Interest Accrual Period.

  • Dividend Determination Date means, for the purposes of the definition of “Dividend”, the date on which the number of Ordinary Shares or, as the case may be, amount of other property or assets, which may be issued or delivered is, or is capable of being, determined, and where determined by reference to prices or values or the like on or during a particular day or during a particular period, the Dividend Determination Date shall be deemed to be such day or the last day of such period, as the case may be;

  • Rate Determination Date means two (2) Business Days prior to the commencement of such Interest Period (or such other day as is generally treated as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, such other day as otherwise reasonably determined by the Administrative Agent).

  • Reset Dividend Determination Date means, in respect of any Reset Period, the day falling three Business Days prior to the beginning of such Reset Period.

  • LIBOR Interest Determination Date means the second LIBOR Business Day preceding each LIBOR Rate Reset Date.

  • Eligibility Determination means an approval or denial of eligibility and a renewal or termination of eligibility as set forth in OAR 410-200-0015;¶

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and