Pension and Benefits Committee definition

Pension and Benefits Committee means the committee constituted to administer and supervise the Plan in accordance with Article XI. Prior to August, 2009, the Pension and Benefits Committee was known as the Pension Committee.

Pension and Benefits Committee or Committee shall mean the Pension and Benefits Committee of the Company which is appointed by the Board or its designee to administer the Plan in accordance with the terms of Article VIII. The terms Pension Committee, Committee or Pension and Benefits Committee may be used interchangeably.

Pension and Benefits Committee means the person or persons or entity appointed to administer the Plan in accordance with the provisions of Section Fifteen of the Plan. The Pension and Benefits Committee shall be the "named fiduciary," as referred to in Section 402(a) of ERISA, with respect to the management, operation and administration of the Plan.

Examples of Pension and Benefits Committee in a sentence

• Members of the Pension and Benefits Committee shall be invited to this meeting.

• Maximum dollar benefits and caps are subject to adjustment annually by the Pension and Benefits Committee.

• The employer shall convene a Joint Pension and Benefits Committee meeting within thirty (30) days of a written request being made by a bargaining unit committee representative.

• The employer may only modify Employee Pension and Benefits Plans following consultation with employees through their representatives on the Joint Pension and Benefits Committee and subject to Article 2.1. The bargaining unit shall have up to two representatives on a Joint Pension and Benefits Committee comprised of each user group covered by the Employee Pension and Benefits Plans.

• A protocol has been developed to set out the parameters under which the Pension and Benefits Committee (“P&B Committee”), which has been set up by the Board to assist with the management of the pension plan, would increase the level of indexation beyond 75%.

• APT members shall have representation on the First Nations University Pension and Benefits Committee.

• The Union shall appoint one (1) Employee to the University’s Pension and Benefits Committee.

• The Pension Consultant shall provide such assistance to the Pension and Benefits Committee in its advisory role to the Commission and/or directly to the Commission, upon request.

• Reviewing Plan investment history, historical capital markets performance and the contents of this Policy with Plan Sponsor staff, any newly appointed members of the Commission and the Pension and Benefits Committee.

• The special holding structure of Bacardi-Martini is analysed in more detail below.

More Definitions of Pension and Benefits Committee

Pension and Benefits Committee means the committee provided for by the provisions of Section 12.02 hereof, or if no such committee is appointed or there are no members in office, the Board of Directors.

Pension and Benefits Committee means the Pension and Benefits Committee of Johnson & Johnson.