Retiree Benefit Plan definition

Retiree Benefit Plan means the HOVENSA Health and Welfare Plan for Non- Hourly Employees, which is the Debtor’s self-insured health and welfare benefits for 196 retirees and their respective dependents.
Sample 1
Retiree Benefit Plan means Municipal Retiree Benefit Plan set out in the Retiree Benefit Plan Rules.
Sample 1
Retiree Benefit Plan means any plan or policy of a Debtor in full force and effect as of the Petition Date under which qualified benefits are provided to Retirees, as any such plan or policy may have ben modified during the pendency of the Bankruptcy Cases.
Sample 1

Examples of Retiree Benefit Plan in a sentence

  • Retiree means any individual who retired from employment with a Debtor before the Petition Date and was and continues to be eligible for medical, death or insurance benefits provided in a Retiree Benefit Plan as required by section 1114 of the Bankruptcy Code.

  • Retiree Benefit Plan (formerly the Con-Way Retiree Medical Plan) to provide that for the period commending at the Effective Time and ending on December 31, 2021, each SpinCo Employee who was eligible for such plan as of immediately prior to the Effective Time shall be given vesting credit for service with members of the SpinCo Group during such period for purposes of such plan.

  • Retiree Benefit Plan means any plan or policy of a Debtor in full force and effect as of the Petition Date under which medical, death or insurance benefits are provided to Retirees, as any such plan or policy may have been modified during the pendency of the Reorganization Cases.

  • The Employee shall be treated as an “early retiree” and shall be eligible for all benefits under the Company’s Early Retiree Benefit Plan for Officers without regard to age or time in service requirements.

  • Retiree Administrative Claim means an Administrative Expense Claim of a Retiree under a Retiree Benefit Plan.

  • These Claims include any Claim of a retiree under any Retiree Benefit Plan of the Debtors in effect as of the Petition Date which provides retiree benefits consisting of payments or reimbursements for retired employees and their spouses and dependents, for medical, surgical or hospital care benefits, or benefits in the event of sickness, accident, disability or death, subject to modifications, if any, by the Bankruptcy Court pursuant to section 1114 of the Bankruptcy Code.

  • If the Employee is an Eligible Retiree such individual will be eligible for benefits under the Retiree Benefit Plan in lieu of medical and dental COBRA coverage described in Section 3.02(b).

  • The medical plans and groups of covered retired Employees (and their spouses and dependents) whose Plan-provided medical benefits are described herein and provided hereunder are as follows: UDLP Retiree Benefit Plan 602 The covered group is salaried retirees, spouses and eligible dependents covered by various medical plans.

  • If the Eligible Retiree is involuntarily terminated, the Company will pay the full cost of Retiree Benefit Plan coverage for a six month period beginning on the first day of the month following the month in which the termination occurred.

  • Prior to the Closing, Seller and the Company shall enter into an agreement in which Seller adopts and assumes the Retiree Benefit Plan, including all rights and obligations thereunder.


More Definitions of Retiree Benefit Plan

Retiree Benefit Plan means a plan maintained or established in whole or in part by Debtors before the Petition Date for the purpose of providing or reimbursing payments to or for the benefit of retired employees of the Debtors and their spouses or dependents, for medical, surgical, or hospital care benefits, or benefits in the event of sickness, accident, disability, or death under a plan, fund, or program (through the purchase of insurance or otherwise).
Sample 1
Retiree Benefit Plan means the McMoRan Exploration Co. Retiree Benefit Plan.
Sample 1
Retiree Benefit Plan the Company’s post-retirement medical and life insurance benefits and liabilities to current and former employees (including retirees), and their dependents, including such benefits and liabilities described in the 2009 Benefit Cost Report of Postretirement Medical and Life Insurance Benefits for Employees of Eastern Life & Health Insurance Company, dated January 23, 2009, issued by actuary Xxxx X. Xxxxxxx to the Company, or any update to or successor to such report.
Sample 1

Related to Retiree Benefit Plan

  • 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.

  • 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.

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

  • 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.

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • 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”.

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 3(1).

  • 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.

  • 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.

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

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

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

  • 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.

  • 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 Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Retiree Welfare Plan means, at any time, a Welfare Plan that provides for continuing coverage or benefits for any participant or any beneficiary of a participant after such participant’s termination of employment, other than continuation coverage provided pursuant to Section 4980B of the IRC and at the sole expense of the participant or the beneficiary of the participant.

  • Seller Benefit Plan means each Employee Benefit Plan sponsored, maintained or contributed to by a Seller or any of its Affiliates or with respect to which a Seller or any of its Affiliates has, or could reasonably be expected to have, any direct or indirect Liability.

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • 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.

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

  • Company Plan means all Plans of which the Company or an ERISA Affiliate of the Company is or was a Plan Sponsor, or to which the Company or an ERISA Affiliate of the Company otherwise contributes or has contributed, or in which the Company or an ERISA Affiliate of the Company otherwise participates or has participated. All references to Plans are to Company Plans unless the context requires otherwise.

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

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

  • Basic health benefit plan means any plan offered to an individual, a small group,