Defined Benefit Plan definition

Defined Benefit Plan means either a plan described in Section 3(35) of ERISA or a plan subject to the minimum funding standards set forth in Section 302 of ERISA and Section 412 of the Code.

Defined Benefit Plan means each Benefit Plan which is subject to Part 3 of Title I of ERISA, Section 412 of the Code or Title IV of ERISA.

Defined Benefit Plan means a Plan that is or was a "defined benefit plan" as such term is defined in Section 3(35) of ERISA.

Examples of Defined Benefit Plan in a sentence

• DC and Combined Plan members will transfer to the Defined Benefit Plan during their fifth year of membership unless they permanently select the DC or Combined Plan.

• Council is party to an Industry Defined Benefit Plan under the Local Government Superannuation Scheme, named The Local Government Superannuation Scheme – Pool B (the Scheme) which is a defined benefit plan that has been deemed to be a ‘multi-employer fund’ for purposes of AASB119 Employee Benefits for the following reasons: – Assets are not segregated within the sub-group according to the employees of each sponsoring employer.

• This funding policy applies to the PERS Defined Benefit Plan and the Other Postemployment Benefit Plans.

• The ORS Chapter 238 Defined Benefit Plan is closed to new members hired on or after August 29, 2003.

• Council is party to an Industry Defined Benefit Plan under the Local Government Superannuation Scheme, named the “Local Government Superannuation Scheme – Pool B” This Scheme has been deemed to be a “multi employer fund” for the purposes of AASB 119.

More Definitions of Defined Benefit Plan

Defined Benefit Plan means any Canadian Employee Benefit Plan which contains a “defined benefit provision,” as defined in subsection 147.1(1) of the Income Tax Act (Canada).

Defined Benefit Plan means a retirement program other than a defined contribution plan.

Defined Benefit Plan. A retirement plan which does not provide for individual accounts for Employer contributions. The Advisory Committee must treat all defined benefit plans (whether or not terminated) maintained by the Employer as a single plan.

Defined Benefit Plan has the meaning ascribed to such term in Section 3(35) of ERISA.

Defined Benefit Plan means a defined benefit plan within the meaning of Section 3(35) of ERISA or Section 414(j) of the Code, whether funded or unfunded, qualified or non-qualified (whether or not subject to ERISA or the Code).

Defined Benefit Plan means a Qualified Plan other than a Defined Contribution Plan.

Defined Benefit Plan means a pension plan registered under the Income Tax Act (Canada), the Pension Benefits Act (Ontario) or any other applicable pension standards legislation which contains a “defined benefit provision”, as such term is defined in subsection 147.1(1) of the Income Tax Act (Canada).