Deferred Vested Participant definition

Deferred Vested Participant means a former participant who is entitled to a deferred benefit under the Plan;

Deferred Vested Participant means a Participant who has Separated from Service, is not a Retired Participant, and is eligible for a monthly deferred vested pension under the Pension Plan.

Deferred Vested Participant means an Employee who is Vested at the time of his or her termination of employment with the District, and who either (i) is not eligible to receive a Benefit at the time of his or her termination of employment, or (ii) is eligible to receive a Benefit at the time of his or her termination of employment but has not elected to receive any Benefit.

Examples of Deferred Vested Participant in a sentence

• In the case of a Deferred Vested Participant, benefits paid from this Plan will be calculated assuming that the Participant will not commence benefits under The Pension Plan of Arch Chemicals until he or she attains age sixty-five (65), even though the Participant may actually commence benefits under The Pension Plan of Arch Chemicals prior to that date.

• Stewart 5/23/29 66 2/3% Deferred Vested Participant --------------------------- Raymond L.

• In the case of a Deferred Vested Participant, benefits paid from this Plan will be calculated assuming that the Participant will commence benefits under The Pension Plan of Arch Chemicals on the date on which benefits commence under the Plan, regardless of when such benefits actually commence.

• If any Pension or Other Plan benefit has a single sum value as determined by Section 1.1 not greater than three thousand five hundred dollars ($3,500), effective January 1, 2001, five thousand dollars ($5,000), or effective on or after March 28, 2005, one thousand dollars ($1,000), the Committee will distribute that single sum-amount to a Deferred Vested Participant as soon as practicable upon his termination of employment.

More Definitions of Deferred Vested Participant

Deferred Vested Participant means any Participant who has separated from Employment prior to attainment of Normal Retirement Age for reasons other than death and who is eligible to receive a vested retirement benefit pursuant to section 7.03 to commence at a later date.

Deferred Vested Participant means any Participant who has completed at least ten (10) Years of Service, who has separated from Employment for reasons other than retirement, death or disability, and who is otherwise eligible to receive a vested retirement benefit pursuant to section 8.03 to commence at a later date.