Coverage by Defined Benefit Plan Sample Clauses

Coverage by Defined Benefit Plan. 17.2.1 Reductions in benefits under this Article 17 arising by reason of a Participant's participation in multiple plans shall, except as any other such plan may otherwise expressly provide, be effected as follows: (a) benefits and annual additions under continuing plans shall be reduced before benefits under any terminated plan, (b) benefits under defined benefit plans shall be reduced before any reduction in annual additions under defined contribution plans, and (c) annual additions under continuing defined contribution plans shall be reduced in the reverse order in which such annual additions would otherwise be allocated; provided, that benefits under multiemployer plans shall be reduced last. Any resulting required reductions under this Plan shall be made first to Unmatched Contributions, and second, on a pro rata basis, to Matched Contributions, and the Matching Contribution relating thereto. 17.2.2 In computing the denominator of the "defined contribution plan fraction" as defined in section 415(e) of the Code for any year ending after 1982, the Administrative Committee may elect to determine the portion of such denominator which relates to 1982 and prior years under the method described in section 415(e)(6) of the Code in lieu of the method described above. Such election may be made at such time and in such manner as may be provided in applicable Treasury regulations. 17.2.3 In the case of a Participant who would have fewer than ten (10) Years of Service (including service in the year with respect to which any determination under this Section 17.2.3 is made) with an Employer and all Affiliates at the time his retirement pension starts, the 1.25 and 1.40 limitations referred to in sections 415(e)(2)-(3) of the Code shall be reduced proportionately.