Benefit rate means the money payable to an individual as compensation, as provided
Benefit rate means the following percentages:
Benefit rate means the rate for new jobs created by a COVID-19-
Examples of Benefit rate in a sentence
Your Early Retirement Life Income Benefit is also determined as of the date you retire and is calculated by multiplying your credited service times the Life Income Benefit rate applicable to your retirement date times the reduction factor for the early commencement.
More Definitions of Benefit rate
Benefit rate means the monthly amount accrued/payable to a participant for each Pension Credit as it corresponds to a contribution rate, Collective Bargaining Agreement or period of time.
Benefit rate means the relevant factor set forth on Table A, Table B, Table B-1, Table C, Table C-1, Table D, or Table D - 1, as the case may be, based upon the Participant’s age, years of Credited Service, and his Final Average Earnings as of the relevant date.
Benefit rate means an annual rate of interest based on the yield of six month certificates of deposit of the Bank as of, and adjusted on, January 1 and July 1 of each calendar year.
Benefit rate means the benefit category applicable to a Participant with a Contribution Date prior to January 1, 1969 in accordance with whichever of the following produces the higher amount:
Benefit rate means the money payable to
Benefit rate means for Employees who terminate employment after December 31, 1988 and prior to January 7, 1991, the sum of $6.00. For Employees who terminate employment after January 6, 1991 and prior to March 9, 1992, “Benefit Rate” means $6.25. For Employees who terminate employment after March 8, 1992 and prior to March 8, 1993, “Benefit Rate” means $6.50. For Employees who terminate employment after March 7, 1993, Benefit Rate means $7.00. An Employee’s pension shall be governed by the Benefit Rate in effect at the time of his termination of employment.
Benefit rate means as of January 1, 1976, a monthly amount equal to $3.50 for each year of Credited Service. From and after January 1, 1977, “Benefit Rate” means a monthly amount equal to $3.75 for each year of Credited Service. From and after March 16, 1979, “Benefit Rate” means a monthly amount equal to $4.25 for each year of Credited Service. From and after February 16, 1981, “Benefit Rate” means a monthly amount equal to $4.50 for each year of Credited Service. From and after March 1, 1982, “Benefit Rate” means a monthly amount equal to $5.00 for each year of Credited Service. From and after February 7, 1983, “Benefit Rate” means a monthly amount equal to $5.25 for each year of Credited Service. From and after March 6, 1984, “Benefit Rate” means a monthly amount equal to $5.50 for each year of Credited Service from and after March 4, 1985, “Benefit Rate” means a monthly amount equal to $5.75 for each year of Credited Service. From and after November 16, 1987, ‘Benefit Rate’ means a monthly amount equal to $6.00 for each year of Credited Service. From and after January 7, 1991, ‘Benefit Rate’ means a monthly amount equal to $6.25 for each year of Credited Service. From and after March 9, 1992, ‘Benefit Rate’ means a monthly amount equal to $6.50 for each year of Credited Service. From and after March 8, 1993, ‘Benefit Rate’ means a monthly amount equal to $7.00 for each year of Credited Service. From and after February 21, 1994, ‘Benefit Rate’ means a monthly amount equal to $7.25 for each year of Credited Service. From and after March 6, 1995, ‘Benefit Rate’ means a monthly amount equal to $7.50 for each year of Credited Service. From and after March 11, 1996, ‘Benefit Rate’ means a monthly amount equal to $7.75 for each year of Credited Service. From and after March 10, 1997, ‘Benefit Rate’ means a monthly amount equal to $8.00 for each year of Credited Service. From and after March 2, 1998, ‘Benefit Rate’ means a monthly amount equal to $9.00 for each year of Credited Service. From and after February 28, 2000, ‘Benefit Rate’ means a monthly amount equal to $9.50 for each year of Credited Service. From and after February 26, 2001, ‘Benefit Rate’ means a monthly amount equal to $10.00 for each year of Credited Service.