Retirement Benefit means the benefit set forth in Article 5.
Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.
Actuarial equivalent means a benefit of equal value when
Termination Payment has the meaning set forth in Section 6.03.
Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.
relevant benefit means any benefit specified in paragraph 21(2); and
Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.
Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—
Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.
Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.
Disability Benefit means the benefit set forth in Article 8.
Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;
Termination Payments has the meaning specified in Section 10(a).