Projected Annual Benefit. Projected annual benefit means the annual benefit payable to the Participant at his or her normal retirement age (as defined in the defined benefit plan) adjusted to an actuarially equivalent straight life annuity form (or, if it would be a lesser amount, to any actuarially equivalent qualified joint and survivor annuity form that is available under the defined benefit plan) assuming that:
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Samples: Trust Agreement (Entegris Inc), Employee Stock Ownership Plan Trust Agreement (Entegris Inc)
Projected Annual Benefit. The "Projected annual benefit means Annual Benefit" is the annual retirement benefit payable to the Participant at his or her normal retirement age (as defined in the defined benefit plan) adjusted to an actuarially actuarial equivalent straight life annuity if such benefit is expressed in a form (or, if it would be other than a lesser amount, to any actuarially equivalent straight life annuity or qualified joint and survivor annuity form that is available annuity) to which the Participant would be entitled under the defined benefit plan) assuming thatterms of the plan assuming:
Appears in 1 contract
Samples: United States Lime & Minerals Inc
Projected Annual Benefit. The "Projected Annual Benefit" is the ------------------------ annual retirement benefit means the annual benefit payable to the Participant at his or her normal retirement age (as defined in the defined benefit plan) adjusted to an actuarially actuarial equivalent straight life annuity if such benefit is expressed in a form (or, if it would be other than a lesser amount, to any actuarially equivalent straight life annuity or qualified joint and survivor annuity form that is available annuity) to which the Participant would be entitled under the defined benefit plan) assuming thatterms of the plan assuming:
Appears in 1 contract
Samples: Chandler Insurance Co LTD