Common use of Protected Benefit Clause in Contracts

Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulations) be reduced, eliminated or made subject to Employer discretion.

Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-41.411(d)‑4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulationsregulations) be reduced, eliminated or made subject to Employer discretion.

Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-41.411(d) -4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulations) be reduced, eliminated or made subject to Employer discretion.