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Bridging Benefit definition

Bridging Benefit means the portion of the Pension which ceases at the end of the month during which the Teacher, Deferred Pensioner or Pensioner reaches or would have reached age 65.
Bridging Benefit means a periodic payment the Plan provides to a Member for a temporary period of time after retirement, as described in Sections 6.02 and 6.03.
Bridging Benefit means a periodic payment provided under a pension plan to a former member of the pension plan for a temporary period of time after retirement for the purpose of supplementing the former member’s pension benefit until the former member is eligible to receive benefits under the Old Age Security Act (Canada) or is either eligible for or commences to receive retirement benefits under the Canada Pension Plan or the Quebec Pension Plan; (“prestation de raccordement”)

More Definitions of Bridging Benefit

Bridging Benefit means a periodic payment provided under a pension plan to a retired member of the pension plan for a temporary period of time for the purpose of supplementing his or her pension benefit until he or she is eligible to receive benefits under the Old Age Security
Bridging Benefit. ' means a periodic payment provided under a pension plan to a deferred or retired member of the pension plan, for a temporary period after retirement for the purpose of
Bridging Benefit means a periodic payment provided under a pension plan to a retired member of the pension plan for a
Bridging Benefit means a bridging benefit as defined in the Pension Benefits Act;
Bridging Benefit means a periodic payment provided under a pension plan to a retired member of the pension plan for a temporary period of time for the purpose of supplementing his or her pension benefit until he or she is eligible to receive benefits under the Old Age Security Act (Canada) or is either eligible for or begins to receive retirement benefits under the Canada Pension Plan or the Quebec Pension Plan; (“prestation de raccordement”)

Related to Bridging Benefit

  • superannuation benefit means a pension, gratuity or other allowance payable on resignation, retirement or death;

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

  • Termination Benefit means the benefit set forth in Article 7.

  • Actuarial equivalent means a benefit of equal value when

  • 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).

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

  • Disability Benefit means the benefit set forth in Article 8.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • 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.