Defined Benefit Plan definition

Defined Benefit Plan means each Benefit Plan which is subject to Part 3 of Title I of ERISA, Section 412 of the Code or Title IV of ERISA.

Defined Benefit Plan means either a plan described in Section 3(35) of ERISA or a plan subject to the minimum funding standards set forth in Section 302 of ERISA and Section 412 of the Code.

Defined Benefit Plan has the meaning ascribed to such term in Section 3(35) of ERISA.

Examples of Defined Benefit Plan in a sentence

• The District and United Faculty agree to offer the State Teacher’s Retirement Defined Benefit Plan, State Teacher’s Retirement Cash Balance Plan, and Social Security for part-time faculty whose status is considered temporary.

• Beginning with the 2011 plan year, employees who participate in the Lenawee County Board of Commissioners Retirement Income Plan (Defined Benefit Plan) will have the option to freeze their Defined Benefit by opting out of the Defined Benefit Plan and be enrolled in the Lenawee County Board of Commissioners Defined Contribution Plan.

• Employees opting out of the Defined Benefit Plan will NOT have the opportunity to opt back in.

• For members of the Defined Benefit Plan effective January 1, 2003, the University will implement an early retirement incentive.

• Current employees who decided to roll over to MERS, and participate in the MERS Defined Benefit Plan will be covered by the following provisions.

More Definitions of Defined Benefit Plan

Defined Benefit Plan means a defined benefit plan within the meaning of Section 3(35) of ERISA or Section 414(j) of the Code, whether funded or unfunded, qualified or non-qualified (whether or not subject to ERISA or the Code).

Defined Benefit Plan means a retirement program other than a defined contribution plan.

Defined Benefit Plan. A retirement plan which does not provide for individual accounts for Employer contributions. The Advisory Committee must treat all defined benefit plans (whether or not terminated) maintained by the Employer as a single plan.

Defined Benefit Plan means a Qualified Plan other than a Defined Contribution Plan.

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

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

Defined Benefit Plan means a Plan that is or was a "defined benefit plan" as -------------------- such term is defined in Section 3(35) of ERISA.