Benefit status definition

Benefit status. , in relation to P, means whether or not P is in receipt of any prescribed benefit or benefits and, if so (in the case of each
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Benefit status. , in relation to P, means whether or not P is in receipt
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Examples of Benefit status in a sentence

  • Retirement PlansPlan or Account Name Type Most Recent Value $ Value at Filing $ If Defined Benefit, status of vesting and description of Benefit 13.

  • Benefit status changes must be made on a prospective basis except for those relating to birth, adoption or placement for adoption made within 30 calendar days of the event.

  • The Reduced Paid-up Death Benefit during the Policy Term is as mentioned below; Reduced Paid-up Death Benefit = Sum Assured * 70% * (Number of Premiums paid/Number of Premiums payable) In case of death after the policy has acquired a Reduced Paid-up Death Benefit status no Family Income Benefit will be payable (if FIB option has been opted) and in case of death the Reduced Paid-up Death Benefit is paid and the policy terminates.

  • This is likely to be one or more of the following: • Employment status • Employment status monitoring type BSI (Benefit status indicator) • Learning delivery FAM type LDM (Learning delivery monitoring).

  • Reference: §570.208(a)(3) Note that L/M Income Benefit status for this purpose is based on households and not persons.

  • Identify learners in each of the bulleted groups c) and d) above by changing the filter toFunding model in (35, 81) and applying each of the following filters in turn: • Benefit status indicator in (1, 2, 4, 5) • Employment intensity indicator in (2, 5).

  • When an active participant becomes eligible for normal or early retirement or when a mem- ber in Vested Benefit status becomes eligible for retirement benefits, the member is entitled to a lifetime retirement pension, calculated as described earlier in this Summary in the answers to Question 8(a)(l) (in the case of an active participant) or Question 8(a)(4) (in the case of a par- ticipant in Vested Benefit status).

  • However, the City issues the final determination of your Equal Benefit status for purposes of contract award.

  • The applicant may be instructed to submit a petition to be accepted under the Ability to Benefit status.

  • New TOEFL requirement is 435-474 for Ability to Benefit (enroll in ENGL 091R/limited course selection applies).Some transfer applicants (i.e.: older re-entry students) may be considered for special admission under PIU/PIES’ Ability to Benefit status.

Related to Benefit status

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Benefit Schedule means a schedule of benefits attached to these Terms and Benefits which sets out, among others, the benefit items and maximum benefits covered.

  • Retirement Eligibility means attainment of age 60 and completion of at least five (5) years of continuous service with the Company.

  • 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.

  • 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.

  • Credited Service means the member's total period of service

  • Disability Benefit means the benefit set forth in Article 8.

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.

  • Benefit Amount shall have the meaning set forth in Section 20.12 hereof.

  • Eligibility Service of an employee means the period or periods of service credited to him under the provisions of Article II for purposes of determining his eligibility to participate in the Plan as may be required under Article III or Article VI.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Disability retirement for plan 1 members, means the period

  • Normal Retirement Benefit means an annual benefit equal to One Hundred Fifty Thousand Dollars and No/100 ($150,000.00) per year, payable in accordance with the terms of this Agreement. Beginning on the thirteenth month that the Normal Retirement Benefit is paid, and continuing thereafter until paid in full, the Normal Retirement Benefit shall be increased annually by three percent (3%) from the previous year’s Normal Retirement Benefit amount to account for cost of living increases.

  • Lifetime Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder cumulatively since the inception of these Terms and Benefits, irrespective whether any limits of any benefit items stated in the Benefit Schedule have been reached or whether the Annual Benefit Limit in a Policy Year has been reached.

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Specific learning disability (SLD) means a heterogeneous group of conditions wherein there is a deficit in processing language, spoken or written, that may manifest itself as a difficulty to comprehend, speak, read, write, spell, or to do mathematical calculations and includes such conditions as perceptual disabilities, dyslexia, dysgraphia, dyscalculia, dyspraxia and developmental aphasia.

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • 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.

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Tax Benefit Schedule is defined in Section 2.02 of this Agreement.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • 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.

  • Service-disabled veteran means a veteran, as defined in 38 U.S.C. 101(2), with a disability that is service-connected, as defined in 38 U.S.C. 101(16).