Commencement of Benefit. Notwithstanding any other provision, unless the Participant elects otherwise, distribution of benefits will begin no later than the 60th day after the latest of the close of the Plan Year in which:
Commencement of Benefit. On the first of the month following sixty (60) calendar days of employment.
Commencement of Benefit. The Benefit will begin from the first day of Disability. The Benefit will be reduced by any Workplace Safety and Insurance Board (WSIB) payments due to the Employee.
Commencement of Benefit. Provided the Company is timely notified, a participant's benefit will begin the first day of the month following his or her termination date. In general, benefits will be paid monthly.
Commencement of Benefit. The supplemental retirement benefit will start as of the same day as the benefit paid to you under the PEP.
Commencement of Benefit. Payment of the Supplemental Benefit to a Participant shall commence on the same date as payment of the Qualified Plan Benefit to the Participant commences. Any election under the Qualified Plan made by the Participant with respect to the commencement of payment of his Qualified Plan Benefit shall also be applicable with respect to the commencement of payment of his Supplemental Retirement Benefit.
Commencement of Benefit. If the Participant Terminates prior to age 65, the Participant elects that benefits shall commence: o Promptly following Termination (but not earlier than age 55) (default) o Age _____ (but not earlier than age 55 or later than age 65)
Commencement of Benefit. Payment of the Supplemental Retirement Benefit shall commence on the same date as payment of the Normal Retirement Benefit under the Qualified Plan. Any election under the Qualified Plan made by Xx. Xxxxxxx with respect to the commencement of payment of the Normal Retirement Benefit will also be applicable with respect to the commencement of payment of his Supplemental Normal Retirement Benefit. 2.5
Commencement of Benefit. Staff members shall begin accruing PTO on their date of hire, or date of eligibility and may begin using it on the sixty-first (61st) day of eligibility.
Commencement of Benefit. This benefit will commence on the first of the month following sixty (60) days of employment. Should a Staff member not enroll within the first sixty (60) days of employment, said Staff member may enroll during the annual open enrollment period.