Benefit Percentage definition

Benefit Percentage means that portion of Eligible Expenses payable by the Plan, which is stated as a percentage in the Schedule of Benefits.
Benefit Percentage means that percentage of Covered Expenses in excess of the Deductible amount, which the Plan pays. It is the basis used to determine any Out-of-Pocket Expenses in excess of the annual Deductible which are to be paid by the Employee.
Benefit Percentage means the percentage provided in the applicable Participation Agreement for purposes of calculating the SERP Benefit.

Examples of Benefit Percentage in a sentence

  • Your monthly Gross LTD Benefit is equal to the lesser of your monthly Predisability Earnings times the LTD Benefit Percentage, or the Maximum Monthly Benefit.

  • Upon the death of an Annuitant, the number of Annuity Units (for Variable Income Options) and/or the dollar amount (for Fixed Income Options) of each payment will be adjusted by the Survivor Benefit Percentage.

  • The Survivor Benefit Percentage is the percentage of Annuity Units or dollars of each payment paid during the survivor's life, which may be less than or equal to that paid when both individuals are living.

  • The Offset Percentage for any Participant shall not exceed one-half of the Gross Benefit Percentage, multiplied by a fraction (not to exceed one), the numerator of which is the Participant's Average Compensation, and the denominator of which is the Participant's Final Average Compensation up to the offset level.

  • We will pay you the Benefit Percentage for Vet Expenses incurred by you for Treatment provided during the Policy Period up to the Benefit Limits, as a result of your Pet suffering an Illness.


More Definitions of Benefit Percentage

Benefit Percentage means 60%.
Benefit Percentage means the sum of (i) eighty-five percent (85%) plus (ii) the Deemed State Percentage.
Benefit Percentage means ___percent.
Benefit Percentage means (A) 25% if vesting occurs subsequent to March 31, 2000 and the Performance Target has not been achieved, and (B) 50% if vesting occurs subsequent to March 31, 2000 and the Performance Target has been achieved; PROVIDED, HOWEVER, the Benefit Percentage shall be 50% in the event that the Executive's employment is terminated pursuant to Sections 4(b),4(c), 4(e), or 4(f) of the Employment Agreement, notwithstanding the date of vesting, and
Benefit Percentage means, with respect to each Participant, the percentage determined in accordance with such Participant’s Applicable Appendix.
Benefit Percentage means 72%.
Benefit Percentage means 70%.