Basic Benefit definition

Basic Benefit means the type and amount of support services available to each eligible individual, specifically:
Basic Benefit means the amount determined under Section 4.1 at the time of reference.
Basic Benefit means the benefit established pursuant to Section 134 of this Chapter.

Examples of Basic Benefit in a sentence

  • The Basic benefit and the Supplemental benefit referred to in paragraph 1 (a) & 2 (a) above will be unreduced if commenced on or after age 62.


More Definitions of Basic Benefit

Basic Benefit means the accrual made by the Company for the benefit of a Participant equal to 15 percent of the Participant's Compensation, or such lesser amount as the Committee establishes pursuant to Section 3.2.
Basic Benefit means the accrual made by the Company for the benefit of a Participant equal to 15 percent of the Participant's Compensation.
Basic Benefit means the Total Benefit determined under the Basic Benefit formula, as set forth in Section 3.3.
Basic Benefit means the benefit payable under Section 1 of Appendix E, provided all conditions for eligibility are satisfied.
Basic Benefit means an amount equal to an Employee's Base Pay, paid for the duration set forth in Section 3.1.
Basic Benefit means the basic insurance cover as shown on the schedule page orendorsement and as stated in the basic benefit conditions of this basic benefit contract.