Basic Pension Plan definition

Basic Pension Plan means the Sempra Energy Cash Balance Plan, and where applicable by the context, the pension plan of a subsidiary of Sempra Energy.

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Basic Pension Plan means the Agnico-Eagle Mines Limited Employees Pension Plan, as amended by the Company from time to time, and shall include any successor or substitute plan or plans of the Company. •

Basic Pension Plan means the registered pension plan, if any, of which the Executive was a member prior to January 1, 2002 and/or will be a member after January 1, 2002 as indicated on the attached Schedule A, as amended by the Company from time to time, and shall include any successor or substitute plan or plans of the Company.

Examples of Basic Pension Plan in a sentence

The Board and the member shall make equal contributions to the O.M.E.R.S. Basic Pension Plan Benefit as prescribed under the O.M.E.R.S. Act and Regulations thereto.
However, employees with a balance of two hundred fifty (250) or more Sick Leave hours at the time of retirement or termination will receive Credited Service under the Basic Pension Plan equal to the number of hours remaining in their Sick Leave Bank.
Employees who terminate with eligibility for a Deferred Vested Pension and have at least two hundred fifty hours of Sick Leave in their Bank will also receive Credited Service in their Basic Pension Plan calculation.
Effective January and continuing each year thereafter, the Board shall purchase, in addition to Basic Pension Plan, a Type Supplementary Pension Plan at a benefit rate to fully cover past and future service.
For employees regularly employed for twenty-four (24) hours per week or more, enrolment into the OMERS Basic Pension Plan is mandatory.
It shall be a condition of employment that all new permanent employees as defined in this Collective Agreement shall be covered by the Ontario Municipal Employees Retirement System Basic Pension Plan with conditions and cost sharing as required by the system.
Therefore, without restricting the generality of the foregoing, in the event of future amendment to the Basic Pension Plan, the Company, on written notice to the Executive, reserves the right to make consequential amendments to this RCA Plan.
All new employees must enrol in the OMERS Basic Pension Plan in accordance with the OMERS plan rules and regulations.
In particular, it is recognized that certain provisions of this RCA Plan are not meant to operate in connection with or correspond to provisions of the Basic Pension Plan.
New employees hired on or after January 1, 2006 will not participate in the Federation Council Basic Pension Plan.

More Definitions of Basic Pension Plan

Basic Pension Plan means the MeadWestvaco Corporation Retirement Plan for Salaried and Non-Bargained Hourly Employees or any other “defined benefit plan” (as defined in section 3 of ERISA) sponsored by the Employer that is qualified under section 401(a) of the Code and is designated by the Board of Directors as a “Basic Pension Plan” for purposes of this Plan.

Basic Pension Plan means a defined benefit pension plan or money purchase pension plan sponsored by the Employer.