Employee Benefit Liabilities definition

Employee Benefit Liabilities means liabilities and obligations (whether funded or unfunded) in respect of any employee benefit promise, scheme, plan, fund, program, policy, practice or other individual or collective arrangement providing Employee Benefits;
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Employee Benefit Liabilities means liabilities and obligations (whether funded or unfunded) in respect of any employee benefit promise, scheme, plan, fund, program, policy, practice or other individual or collective arrangement providing Employee Benefits.
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Employee Benefit Liabilities means any Liabilities and/or obligations in respect of any Employee Benefit Arrangement;
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Examples of Employee Benefit Liabilities in a sentence

  • As part of a future effort to further analyze our data base of hurricane imagery, we plan to exam- ine various models for the C-band polarization ratio (e.g. Mouche, et al) to see how they affect the ex- tracted SAR wind vector, especially in the sensitive transition region in the vicinity of the hurricane eye wall.

  • Employee Benefit Liabilities Imbalan Kerja Jangka Pendek Short-term Employee Benefit Kelompok usaha mengakui liabilitas imbalan kerja jangka pendek ketika jasa diberikan oleh karyawan dan imbalan atas jasa tersebut akan dibayarkan dalam waktu 12 bulan setelah jasa tersebut diberikan.

  • Employee Benefit Liabilities amounted R1 011 912 as at 30 June 2015 (30 June 2014: R842 751) and is made up as follows:Long Service Awards Liability 1 011 912 1 011 912 The Long-term Service Liability is an estimate of the long-service based on historical staff turnover.

  • At its twenty-sixth session in April 2016, the Committee noted that the Court was currently following the so-called “pay-as-you-go” approach to financing Employee Benefit Liabilities, including ASHI.

  • As at 31 May 2016, the Employee Benefit Liabilities (EBL) fund had been used to partially fund budget increases but not yet the Working Capital Fund (WCF).

  • They received a total of €468,282 and have all retired.31 Employee Benefit Liabilities Fund (EBLF).32 Official Records … Fourteenth session … 2015 (ICC-ASP/14/20), vol.

  • This increase is entirely to be funded through the Court’s reserves (Employee Benefit Liabilities and Working Capital Fund), whose amount is subject to the review of the External Auditor, expected by March 2016.

  • The said assignment of Advance Actuarial Valuation of Employee Benefit Liabilities as on 31.03.2017 will be carried out in the month of June, 2016.

  • Net assets/equity comprises the Contingency and Working Capital Funds, established and held at a level determined by the Assembly, and surpluses or deficits in the General Fund, including funding for Employee Benefit Liabilities and Cash surplus, and the trust funds.

  • The related on-costs liabilityis included in Employee Benefit Liabilities at Note 18.


More Definitions of Employee Benefit Liabilities

Employee Benefit Liabilities has the meaning given to it in Schedule 10;
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Employee Benefit Liabilities means the liabilities of each Seller to the Employees, whether actual or contingent, in respect of remuneration, notice pay, accrued leave pay and any bonus or other payments accrued and/or due, as contemplated in clause 16.4, which, if agreed to by each Seller and the Purchaser, will form part of the Sale Liabilities, and will be valued as at the book value, as at the Closing Date, as recorded in the Closing Date Accounts, and recorded next to the name of the Seller in the Row which bears the Seller’s name, and more fully described in Column 5 and 9 of Annexure B and the supporting Schedules;
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Employee Benefit Liabilities has the meaning set forth in Section 6.6.
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Related to Employee Benefit Liabilities

  • benefit liabilities has the meaning specified in section 4001 of ERISA and the terms “current value” and “present value” have the meaning specified in section 3 of ERISA.

  • Unfunded Benefit Liabilities means, with respect to any ERISA Plan at any time, the amount (if any) by which (i) the present value of all accrued benefits calculated on an accumulated benefit obligation basis and based upon the actuarial assumptions used for accounting purposes (i.e., those determined in accordance with FASB statement No. 35 and used in preparing the ERISA Plan’s financial statements) exceeds (ii) the fair market value of all ERISA Plan assets allocable to such benefits, determined as of the then most recent actuarial valuation report for such ERISA Plan.

  • Employee Benefit Plans shall have the meaning set forth in Section 3.20(a).

  • Company Employee Benefit Plan means each Employee Benefit Plan that is maintained, sponsored or contributed to (or required to be contributed to) by any of the Group Companies or under or with respect to which any of the Group Companies has any Liability.

  • BENEFIT LIMIT means the total benefit allowed under this plan for a covered healthcare service. The benefit limit may apply to the amount we pay, the duration, or the number of visits for a covered healthcare service.

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in 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.

  • Pension Plans The meaning specified in Section 4.1(v).

  • Unfunded Pension Liabilities with respect to any Pension Plan, at any date of determination, the amount determined by taking the accumulated benefit obligation, as disclosed in accordance with Statement of Accounting Standards No. 87, "Employers' Accounting for Pensions", over the fair market value of Pension Plan assets.

  • Employee Benefit Plan means any "employee benefit plan" as defined in Section 3(3) of ERISA which is or was maintained or contributed to by Company, any of its Subsidiaries or any of their respective ERISA Affiliates.

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

  • 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.

  • Foreign Employee Benefit Plan means any employee benefit plan as defined in Section 3(3) of ERISA which is maintained or contributed to for the benefit of the employees of the Borrower, any of its Subsidiaries or any of its ERISA Affiliates, but which is not covered by ERISA pursuant to Section 4(b)(4) of ERISA.

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • ERISA Plans has the meaning set forth in Section 3.1(n)(1).

  • Annual Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder in a Policy Year irrespective of whether any limits of any benefit items stated in the Benefit Schedule have been reached. The Annual Benefit Limit is counted afresh in a new Policy Year.

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

  • Seller Benefit Plans has the meaning set forth in Section 4.10(a).

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Unfunded Vested Liabilities means, with respect to any Plan at any time, the amount (if any) by which (i) the present value of all vested nonforfeitable accrued benefits under such Plan exceeds (ii) the fair market value of all Plan assets allocable to such benefits, all determined as of the then most recent valuation date for such Plan, but only to the extent that such excess represents a potential liability of a member of the Controlled Group to the PBGC or the Plan under Title IV of ERISA.

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Employment Liabilities means all claims, demands, actions, proceedings, damages, compensation, tribunal awards, fines, costs (including but not limited to reasonable legal costs), expenses and all other liabilities whatsoever;

  • pension means a pension or annual allowance paid under the Public Service Superannuation Act (PSSA), R.S., 1985, c. P-36, and any increases paid pursuant to the Supplementary Retirement Benefits Act, R.S., 1985, c. S-24 as it affects the PSSA. It does not include pensions payable pursuant to the Canadian Forces Superannuation Act, R.S., 1985, c. C-17, the Defence Services Pension Continuation Act, 1970, c. D-3, the Royal Canadian Mounted Police Pension Continuation Act , 1970, c. R-10, and the Royal Canadian Mounted Police Superannuation Act, R.S., 1985, c. R-11, the Members of Parliament Retiring Allowances Act, R.S. 1985, c. M-5, and that portion of pension payable to the Canada Pension Plan Act, R.S., 1985, c. C-8.

  • Foreign Benefit Law means any applicable statute, law, ordinance, code, rule, regulation, order or decree of any foreign nation or any province, state, territory, protectorate or other political subdivision thereof regulating, relating to, or imposing liability or standards of conduct concerning, any Employee Benefit Plan.

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.