Choice Participant definition

Choice Participant means a Participant who (i) has a “frozen traditional benefit” under RIP as a result of the election made by such Participant to cease accruing a benefit under the traditional benefit formula of RIP and to begin accruing a benefit under the pension equity formula of RIP and (ii) had accrued a Traditional Benefit (as defined in Section 3.2(a)) under this Plan as of June 30, 2003.
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Choice Participant means an individual who:
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Examples of Choice Participant in a sentence

  • Any benefits that become payable to a Choice Participant following Separation from Service shall be paid on the first day of the month that is at least six months after the Participant’s Separation from Service.

  • The MI Choice Participant Handbook is available on the MDHHS website in English, Spanish, and Russian.

  • The MI Choice Participant Handbook is available on the MDHHS website in English, Spanish, and Russian.Appendix C: Participant ServicesC-1: Summary of Services Covered (1 of 2) a.

  • A Savings Choice Participant who separates from University service and is later reemployed as an Eligible Employee described in Section 2.14(b) following a Break in Service will resume active participation in the Plan as a Savings Choice Participant upon reemployment subject to subsection (c) below.

  • Employees of Issaquah Bank will also participate in the employee stock option plan(s) of Cascade to a comparable extent and at a comparable level to those persons at Cascade Bank of comparable status.

  • As it continually moves through the soil, it begins to erode the soil, creating a void between the structure and the surrounding soil (AASHTO 2020).

  • Effective for Plan Years beginning on and after January 1, 2012, a Participant who is a Retirement Choice Participant under the Kerr-McGee Corporation Retirement Plan or the Anadarko Retirement Plan shall be entitled to receive a PWA Contribution equal to four percent (4%) of his Base Compensation paid during each payroll period beginning on and after such date.

  • Notwithstanding the provisions of (a) and (b) above, with respect to a Choice Participant who does not make a contrary election Caterpillar Inc.Supplemental Retirement Plan(formerly known as the Caterpillar Inc.

  • The MI Choice Participant Handbook is available on the MDHHS website in English, Arabic, Spanish, and Russian.

  • If a Retirement Choice Participant qualifies for a subsidy under the Plan (such as the early retirement subsidy described in Section 3.5.4), the subsidy will only apply to the Retirement Choice Accrued Benefit.

Related to Choice Participant

  • Other Participant means a cooperative project participant other than the United States.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Participant has the meaning specified in Section 10.06(d).

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • Key participant means a sole proprietor, a partner in partnership, or a person with executive managerial control in a corporation. A person with executive managerial control includes persons such as a chief executive officer, chief operating officer and chief financial officer. This definition does not include non-executive managers such as farm, field, or shift managers.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Study Participant means a person recruited to participate in the Study.

  • Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Voting Participant has the meaning specified in Section 10.06(d).

  • California Participant means a Participant whose Award is issued in reliance on Section 25102(o) of the California Corporations Code.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.