Benefit Dollars definition

Benefit Dollars means the amounts credited to the Account of a Participant under this Plan, and which shall consist of the following:
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Benefit Dollars means the amounts, to provide benefits, which are credited to your Account(s) under the Plan.
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Benefit Dollars means those dollars provided by an Employer to an Employee during a calendar year for the purposes of purchasing certain welfare or fringe benefits through a cafeteria plan maintained by the Company pursuant to Code Section 125. The term Benefit Dollars shall not include any portion of Employer-provided dollars which are not actually used by the Employee to purchase welfare and fringe benefits and are treated as income taxable to the Employee.
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Examples of Benefit Dollars in a sentence

  • Participant After-Tax Benefit Dollars will remain in the Account for use by the Participant in succeeding Plan Years.

  • To the extent a Participant elects, any or all of the Benefit Dollars credited to his Account shall be used to pay the Participant's share of the cost of coverage under the Employer's dental benefit plan.

  • To the extent a Participant elects, any or all of the Benefit Dollars credited to his Account shall be used to pay the Participant's share of the cost of coverage under the Employer's short-term disability plan.

  • Benefit Dollars which are credited to the Account of a Participant (except for those attributable to Participant After-Tax Benefit Dollars) on the last day of the Plan Year, or the last day of the Extension Period, if elected by the Employer in the Adoption Agreement, will be forfeited by the Participant.

  • In the case of Salary Reduction Benefit Dollars and Participant After-Tax Benefit Dollars, the Employer shall determine the maximum amount of dollars the Participant may elect.

  • To the extent a Participant elects, any or all of the Benefit Dollars credited to his Account shall be used to pay the Participant's share of the cost of coverage under the Employer sponsored cancer insurance plan.

  • To the extent a Participant elects, any or all of the Benefit Dollars credited to his Account shall be used to pay the Participant's share of the cost of coverage under the Employer sponsored medical benefit plans.

  • To the extent a Participant elects, any or all of the Benefit Dollars credited to his Account shall be used (1) to pay the Participant's share of the cost of coverage under the Employer's group-term life insurance plan or (2) to acquire additional life insurance coverage under the Employer's group-term life insurance plan, or (3) both.

  • For each Plan Year, the Employer will determine the amount of all other Benefit Dollars which can be credited to the Account of each Participant, and shall inform each Participant in writing of the amount before the beginning of the Plan Year.

  • An Employer shall credit to the Account of each Participant the amount of contributions made to the Plan, as elected by the Participant, as Participant After-Tax Benefit Dollars.


More Definitions of Benefit Dollars

Benefit Dollars means the dollar amount credited to a Participant under this Plan from the conversion of the Participant’s accumulated sick leave at his or her Retirement pursuant to Section 5.1 of the Plan.
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Benefit Dollars means the amounts, to provide benefits, which are credited to your Account(s) under the Plan.Group Medical Plan Group Dental Plan Group Vision Plan
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Benefit Dollars means the amount credited to a Participant’s SEPOP Account for the provision of benefits under the Plan.
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Related to Benefit Dollars

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Normal Retirement Benefit means an annual benefit payment in the amount of Sixty-Six Thousand Three Hundred and Seventy-Three Dollars ($66,373.00) for a period of fifteen (15) years.

  • disability living allowance means a disability living allowance under section 71 of the SSCBA;

  • extended reduction (qualifying contributory benefits means a reduction under this scheme for which a person is eligible in accordance with paragraph 88 or 95;

  • superannuation benefits means pensions, gratuities and other allowances payable on resignation, retirement or death;

  • Actuarial equivalent means a benefit of equal value when