Benefit definition

Benefit means anything reasonably regarded as pecuniary gain or pecuniary advantage, including benefit to any other person in whose welfare the beneficiary has a direct and substantial interest.
Benefit means the entitlement due to the principal member in respect of approved expenses incurred in accordance with the terms of these Fund rules.

Examples of Benefit in a sentence

  • With respect to the provision of Other Benefits, the term Other Benefits as used in this Section 7(c) shall include, without limitation, and Executive shall be entitled after the Date of Termination to receive, (1) all disability benefits under all Welfare Benefit Plans relating to disability, in accordance with the terms of the Welfare Benefit Plans, and (2) for the remainder of the Remaining Employment Period all other benefits available to Executive under all Welfare Benefit Plans.

  • During the Term of Employment, the Employee will be eligible to participate in all benefit plans, practices, and programs maintained by the Company, as in effect from time to time (collectively, “Employee Benefit Plans”), to the extent consistent with applicable law and the terms of the applicable Employee Benefit Plans.

  • For the avoidance of doubt, when Early Retirement occurs prior to age sixty-five (65), the reduced annual benefit as set forth in Exhibit A-2, based on the Executive’s age at Early Retirement, will apply to the age sixty-six (66) benefit listed on Exhibit A-1, to the age sixty-six benefit listed on Exhibit A-1A, to the age sixty-six benefit listed on Exhibit A-1B, and to the Index Retirement Benefit listed on Exhibit A-3.

  • Upon completion of the aforestated payments and commencing the next month subsequent thereto, the Index Retirement Benefit [Subparagraph I(F)] shall be paid to the Executive until his death at which time said benefit shall cease.

  • Benefit eligibility in accordancewith this Article shall be granted to Long Term Occasional Teachers whose assignment has extended beyond five (5) months.


More Definitions of Benefit

Benefit means the extent or degree of service the beneficiaries are entitled to receive as per the rules on the subject.
Benefit means a commercial, proprietary, financial, economic,
Benefit means any gain or advantage to the beneficiary, including any gain or advantage to a third person pursuant to the desire or consent of the beneficiary.
Benefit or "Benefit Options" means any of the optional benefit choices available to a Participant as outlined in Section 4.1.
Benefit means the direct or indirect receipt or provision of money or the equivalent such as, but not limited to, bribes, gains, gifts and other advantages including, without limitation, winnings and/or potential winnings as a result of a wager; the foregoing shall not include official prize money, appearance fees or payments to be made under sponsorship or other contracts;
Benefit means a commercial, proprietary, financial,
Benefit means those Dental Procedures that are covered by Delta Dental under the terms of Your Group’s Contract as specified in the Summary of Benefits.