Defined Benefit Pension Plan definition

Defined Benefit Pension Plan means any Pension Plan which contains a “defined benefit provision” as defined in subsection 147.1(1) of the Income Tax Act (Canada).
Defined Benefit Pension Plan means a pension plan in which the benefits to be paid, or the basis for determining such benefits, are established in advance and the contributions are intended to provide the stated benefits.
Defined Benefit Pension Plan means a defined benefit plan (other than a Multiemployer Plan) as defined in ss.3(35) of ERISA which is maintained by any Borrower or any member of its Controlled Group.

Examples of Defined Benefit Pension Plan in a sentence

  • Management will meet with the Union Executive annually to review the Unionized Defined Benefit Pension Plan financial performance.

  • Effective January 1, 2015, all new hires will no longer be eligible for the Defined Benefit Pension Plan outlined below.

  • All current eligible employees of the Defined Benefit Pension Plan will remain on the current Defined Benefit Pension Plan.

  • Maintain, contribute to, or incur any liability or contingent liability in respect of a Canadian Pension Plan or a Canadian Defined Benefit Pension Plan.


More Definitions of Defined Benefit Pension Plan

Defined Benefit Pension Plan shall have the meaning set forth in Section 3(35) of ERISA.
Defined Benefit Pension Plan means the Corporation’s registered pension plan, entitled “Retirement Plan for the Employees of Enbridge Inc. and Affiliates”, dated July 1, 2001, as amended or replaced from time to time;
Defined Benefit Pension Plan means a pension plan in which the ben- efits to be paid or the basis for deter- mining such benefits are established in advance and the contributions are in- tended to provide the stated benefits.
Defined Benefit Pension Plan means the Corporation’s registered pension plan, entitled “Retirement Plan for the Employees of Enbridge Inc. and Affiliates” dated July 1, 2001, as amended or replaced from time to time in accordance with the terms of such registered pension plan;
Defined Benefit Pension Plan means a pension plan providing a defined benefit;
Defined Benefit Pension Plan means any Benefit Plan that is a “registered pension plan” as defined in subsection 248(1) of the Tax Act and which contains a “defined benefit provision” as defined in subsection 147.1(1) of the Tax Act.
Defined Benefit Pension Plan means each plan, scheme, arrangement or individual commitment in respect of any Business Employee and/or former employee of the Business all or part of which is (i) classified as a defined benefit plan under GAAP (or the generally accepted accounting principles in the jurisdiction in which the relevant plan, scheme, arrangement or commitment is administered) or (ii) provides any pension (or benefit in connection with retirement or death) which is not calculated solely by reference to assets which (because of the nature of the calculation) must necessarily suffice for the purposes of its provision to or in respect of the recipient.