Notice of Benefits Sample Clauses

Notice of Benefits. Unless regularly provided by HR/CMS, the President on or before September 30 of each year, shall inform every member of the bargaining unit at the University of the number of sick leave hours accumulated to his/her credit on that date. A copy of an aggregate report of such information shall be transmitted to the Chapter President on or before September 30 of each year.
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Notice of Benefits. The Employer shall continue to inform through the payroll system, each bargaining unit member of available sick leave, vacation leave, and personal days accumulated.
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Notice of Benefits. The appointing authority shall semiannually inform each bargaining unit member of the number of available sick leave and vacation leave days accumulated.
Sample 1
Notice of Benefits. UMMS shall continue to inform each Ranking Officer of the number of available sick leave and vacation leave days accumulated.
Sample 1
Notice of Benefits. Written notice shall be given Minnesota Mutual by the Contract Owner whenever any portion of the Active Life Fund is to be applied to provide benefits to a Participant or other person in accordance with the Plan. If such notice is with respect to Annuity Payments, it must be given at least 30 days prior to the Annuity Commencement Date, and it must specify (1) the amount of the first monthly Annuity Payment under the Normal Annuity Form, (2) whether Annuity Payments shall be made under the Normal Annuity Form or under an Optional Annuity Form, (3) the Annuity Commencement Date, (4) the type of annuity desired, i.e., Variable annuity, Fixed Dollar Annuity, of a combination thereof, and (5) such other information about the Participant as Minnesota Mutual may require. if such notice is with respect to other benefits which may be called for by the Plan, it must specify (1) the nature and amount of such benefits, (2) the person to whom such benefits are to be paid, and (3) the date on which payment is to be made. If the first monthly Annuity Payment on either Fixed Dollar or Variable Annuity would be less than $20, Minnesota Mutual shall make a single sum payment to the Participant, as of his Annuity Commencement Date, of the consideration which would otherwise have been required to purchase such Annuity Payments, and the Participant shall thereafter have no further rights under the contract.
Sample 1
Notice of Benefits. Any Participant or Beneficiary may request in writing from the Plan Administrator a statement indicating, on the basis of the latest available information, the total benefits accrued and the nonforfeitable benefits, if any, or the earliest date on which benefits will become nonforfeitable. No Participant or Beneficiary shall be entitled to receive more than one statement during any twelve (12) month period.
Sample 1
Notice of Benefits. Incase of a risk occurring, the affected XXXXX Society shall inform KUSCCO Ltd in writing 30days from the date of or total and permanent disability or as is reasonably possible but not later than six months. Upon receipt of the written notice of the risk that has occurred KUSCCO Ltd will notify the XXXXX Society on the requirements for proof to obtain benefits and thereafter pay as soon as possible.
Sample 1
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Related to Notice of Benefits

  • Notice of Change of Beneficiary Immediately prior to any transfer of Stock to a Management Stockholder’s Trust, the Management Stockholder shall provide the Company with a copy of the instruments creating the Management Stockholder’s Trust and with the identity of the beneficiaries of the Management Stockholder’s Trust. The Management Stockholder shall notify the Company as soon as practicable prior to any change in the identity of any beneficiary of the Management Stockholder’s Trust.

  • Termination of Benefits Except as provided in Section 2 above or as may be required by law, Executive’s participation in all employee benefit (pension and welfare) and compensation plans of the Company shall cease as of the Termination Date. Nothing contained herein shall limit or otherwise impair Executive’s right to receive pension or similar benefit payments that are vested as of the Termination Date under any applicable tax-qualified pension or other plans, pursuant to the terms of the applicable plan.

  • Payment of Benefits Any amounts due under this Agreement shall be paid in one (1) lump sum payment as soon as administratively practicable following the later of: (i) Xx. Xxxxxx'x Termination Date, or (ii) upon Xx. Xxxxxx'x tender of an effective Waiver and Release to the Company in the form of Exhibit A attached hereto and the expiration of any applicable revocation period for such waiver. In the event of a dispute with respect to liability or amount of any benefit due hereunder, an effective Waiver and Release shall be tendered at the time of final resolution of any such dispute when payment is tendered by the Company.

  • Coordination of Benefits The coordination of benefits (COB) provision applies when a Member has health care coverage under more than one plan. Plan is defined below. The order of benefit determination rules govern the order in which each plan will pay a claim for benefits. The plan that pays first is called the primary plan. The primary plan must pay benefits according to its policy terms without regard to the possibility that another plan may cover some expenses. The plan that pays after the primary plan is the secondary plan. In no event will a secondary plan be required to pay an amount in excess of its maximum benefit plus accrued savings. If the Member is covered by more than one health benefit plan, and the Member does not know which is the primary plan, the Member or the Member’s provider should contact any one of the health plans to verify which plan is primary. The health plan the Member contacts is responsible for working with the other plan to determine which is primary and will let the Member know within 30 calendar days. All health plans have timely claim filing requirements. If the Member or the Member’s provider fails to submit the Member’s claim to a secondary health plan within that plan’s claim filing time limit, the plan can deny the claim. If the Member experiences delays in the processing of the claim by the primary health plan, the Member or the Member’s provider will need to submit the claim to the secondary health plan within its claim filing time limit to prevent a denial of the claim. If the Member is covered by more than one health benefit plan, the Member or the Member’s provider should file all the Member’s claims with each plan at the same time. If Medicare is the Member’s primary plan, Medicare may submit the Member’s claims to the Member’s secondary carrier.

  • Continuation of Benefits Following the termination of Executive’s employment hereunder, the Executive shall have the right to continue in the Company’s group health insurance plan or other Company benefit program as may be required by COBRA or any other federal or state law or regulation.

  • Calculation of Benefits Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

  • Payment of Benefit The Company shall pay the annual benefit to the Executive in 12 equal monthly installments commencing with the month following the Executive’s Normal Retirement Date, paying the annual benefit to the Executive for a period of 15 years.

  • Designation of Beneficiary The depositor may designate a beneficiary or beneficiaries to receive benefits from the custodial account in the event of the depositor’s death. In the event the depositor has not designated a beneficiary, or if all beneficiaries shall predecease the depositor, the following persons shall take in the order named:

  • Nonduplication of Benefits Notwithstanding any provision in this Agreement or in any other Employer benefit plan or compensatory arrangement to the contrary, but at all times subject to Section 7.4, (a) any payments due under Section 7.1, Section 7.2 or Section 7.3 shall be made not more than once, if at all, (b) payments may be due under Section 7.1, Section 7.2 or Section 7.3, but under no circumstances shall payments be made under all of or any combination of Section 7.1, Section 7.2 and Section 7.3, (c) no payments made under Sections 7.1, 7.2 and 7.3 this Agreement shall be considered compensation for purposes of any benefit plan or compensatory arrangement of Employer, and (d) Executive shall not be entitled to severance benefits from Employer other than as contemplated under this Agreement, unless such other severance benefits offset and reduce the benefits due under this Agreement on a dollar-for-dollar basis, but not below zero.

  • Amount of Benefits The vested amount credited to a Participant’s Account as determined under Articles 6, 7 and 8 shall determine and constitute the basis for the value of benefits payable to the Participant under the Plan.

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