Alternate Benefit definition

Alternate Benefit means the benefit payable to an eligible Employee, in certain circumstances, in a State which does not permit Supplementation;
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Alternate Benefit means the Benefit payable to an eligible Employee, in certain circumstances, in a State which does not permit Supplementation;
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Alternate Benefit means the amount allowed based on the least costly, commonly accepted Service used to treat a dental problem when a Covered Person selects more costly treatment options.
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Examples of Alternate Benefit in a sentence

  • Eligible beneficiaries may elect to receive a monthly Survivor’s Alternate Benefit for life or a return of the member’s contributions.

  • However, should the services billed differ from those Authorized, UCD reserves the right to determine if an Alternate Benefit is applicable to the actual services rendered.

  • In the event of the death of an Eligible Board Member who has chosen the Alternate Benefit prior to such Eligible Board Member's Retirement, his or her spouse shall be entitled to a retirement benefit, commencing upon such death, which shall be the Actuarial Equivalent of the benefit such spouse would have received had such Eligible Board Member died on his or her Eligible Retirement Date.

  • However, should the services billed differ from those Authorized, Claims Administrator reserves the right to determine if an Alternate Benefit is applicable to the actual services rendered.

  • Payment of the Early Benefit shall commence on a date fixed by the Board in its sole discretion as such Eligible Board Member's Eligible Retirement Date and shall be payable through the remainder of such Eligible Board Member's life, or, if the Alternate Benefit had been elected, the later of the lives of such Eligible Board Member and spouse.

  • The Alternate Benefit shall be the Actuarial Equivalent of the Regular Benefit provided under paragraph 3(b).

  • An Eligible Board Member for good cause may apply to the Board of any Adopting Fund for, and, at the discretion of such Board, may be granted, a retirement benefit (the "Early Benefit") which is the Actuarial Equivalent of the Regular Benefit or Alternate Benefit previously elected by such Eligible Board Member.

  • Except as otherwise provided herein with respect to the Alternate Benefit, the Plan shall not create any benefit, cause of action, right of sale, transfer, assignment, pledge, encumbrance, or other such right in any spouse or heirs or the estate of any Eligible Board Member or retired Eligible Board Member.

  • Conditions of retirement are set forth in the statutes governing the Teachers’ Pension and Annuity Fund, the Alternate Benefit Program or the Public Employees’ Retirement System, as may apply.

  • Life insurance coverage is provided as part of the Public Employees Retirement System (P.E.R.S.) or the Alternate Benefit Program.


More Definitions of Alternate Benefit

Alternate Benefit. Provision – Where two or more professionally accepted courses of Treatment are a benefit under the plan, this benefit plan will reimburse the amount shown in the Fee Guide for the least expensive service or supply. The Covered Person can choose to have a more expensive Treatment performed; however, Reimbursement will be limited to the cost of the least expensive alternative.
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Alternate Benefit means a Benefit payable under a plan established pursuant to Section 3 of Article VIII (See definition of “Benefit”);
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Related to Alternate Benefit

  • Alternate Payee means any spouse, former spouse, child, or other dependent of a Participant who is recognized by a qualified domestic relations order as having a right to receive all, or a portion of, the benefits payable under a Plan with respect to such Participant.

  • Actuarial equivalent means a benefit of equal value when

  • Elective Deferrals mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]

  • Accrued Benefit have the meanings specified in ERISA.

  • Net Benefits Test means a calculation to determine whether the benefits of a reduction in price resulting from the dispatch of Economic Load Response exceeds the cost to other loads resulting from the billing unit effects of the load reduction, as specified in Operating Agreement, Schedule 1, section 3.3A.4 and the parallel provisions of Tariff, Attachment K-Appendix, section 3.3A.4.