DEFINED BENEFITS Clause Samples

DEFINED BENEFITS. The Board of Education shall contribute the amount of a full single Health and Dental premium each month to full-time teachers or a proportional amount if less than full time towards membership in the Board of Education selected health insurance program. If both husband and wife are employed as teachers in the district, the contribution for each one may be applied toward the purchase of a family or employee only membership. At no time will the benefit exceed the premium. A committee will be established each year to evaluate the group health insurance provider for the district and shall make recommendations to the Board of Education as to appropriate services or providers.
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DEFINED BENEFITS. 19.01 The current benefit plan and eligibility shall continue as per the present practice.
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DEFINED BENEFITS. None of the Target Companies in the United Kingdom have in the past participated in and nor do any of the Target Companies have any unpaid liability in respect of a retirement benefit arrangement which provides Retirement Benefits on a defined benefit basis and no assurance, promise or guarantee has been made to any Employee, former employee or director of any Target Company of a particular level or amount of benefits to be provided for or in respect of him.
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DEFINED BENEFITS. A. The District shall participate in the Public Safety Personnel Retirement System (PSPRS) and follow all Arizona Revised Statutes relating to the PSPRS system. Those members who are not eligible for the PSPRS may participate in the Arizona State Retirement System (ASRS). B. During this agreement, the District will continue to fund (via 401a) the 7.65% DROP match incentive for eligible members. C. Members who are not assigned hazardous duty, are eligible to participate in the Arizona State Retirement System (ASRS), as defined by Arizona revised statute title 38.
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DEFINED BENEFITS. The Fury Bodyline Protect maintenance protects your vehicle, providing for restoration of the paintwork damage as a result of general wear and tear arising out of day‐to‐day driving. The maintenance is limited to the following wear and tear to the bodywork of the vehicle stated in the application form.
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Related to DEFINED BENEFITS

  • Defined Benefit Plans The Company has not maintained or contributed to a defined benefit plan as defined in Section 3(35) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). No plan maintained or contributed to by the Company that is subject to ERISA (an “ERISA Plan”) (or any trust created thereunder) has engaged in a “prohibited transaction” within the meaning of Section 406 of ERISA or Section 4975 of the Internal Revenue Code of 1986, as amended (the “Code”) that could subject the Company to any material tax penalty on prohibited transactions and that has not adequately been corrected. Each ERISA Plan is in compliance in all material respects with all reporting, disclosure and other requirements of the Code and ERISA as they relate to such ERISA Plan, except for any noncompliance which would not result in the imposition of a material tax or monetary penalty. With respect to each ERISA Plan that is intended to be “qualified” within the meaning of Section 401(a) of the Code, either (i) a determination letter has been issued by the Internal Revenue Service stating that such ERISA Plan and the attendant trust are qualified thereunder, or (ii) the remedial amendment period under Section 401(b) of the Code with respect to the establishment of such ERISA Plan has not ended and a determination letter application will be filed with respect to such ERISA Plan prior to the end of such remedial amendment period. The Company has never completely or partially withdrawn from a “multiemployer plan,” as defined in Section 3(37) of ERISA.

  • Defined Benefit Plan A plan under which a Participant’s benefit is determined by a formula contained in the plan and no Employee accounts are maintained for Participants.

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Standard Benefits During the Employment Period, Executive shall be entitled to participate in all employee benefit plans and programs, including paid vacations, generally available to other similarly situated Company executives, subject to the terms and conditions of the applicable plans.

  • Extended Benefits If you are disabled on the date your healthcare coverage ends, your benefits will be temporarily extended for any continuous loss, which commenced while your coverage was in force. The services provided under this benefit are subject to all terms, conditions, limitations and exclusions listed in this agreement, and the care you receive must relate to or arise out of the disability you had on the day your healthcare coverage ended. Extended benefits apply only to the subscriber who is disabled. If you want to receive coverage for continued care when your coverage ends, you must provide us with proof that you are disabled. We will make a determination whether your condition constitutes a disability and you will have the right to appeal our determination or to take legal action. The extension of benefits will end upon the earliest of the following events: • the continuous disability ends; or • twelve (12) months from the termination date; or • payment of the benefit limits under this plan.