Former Pension Plan Member definition

Former Pension Plan Member means an Annuitant who is a former member of the pension plan from which the funds held in this LIF originated. For purposes of clarification, this expression does not apply to an Annuitant who obtained the funds as a result of the death of a Former Pension Plan Member or pursuant to the settlement of rights following the breakdown of his/her marriage to, or conjugal relationship with, a Former Pension Plan Member.
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Former Pension Plan Member. (meaning that You are a Former Member of the Pension Plan from which the Locked- In Funds in this LIRA originated). You are a former Spouse of a Pension Plan member or of a Former Member (meaning that You obtained the Locked-In Funds under a division of family property after the breakdown of Your relationship with a Pension Plan member or a Former Member).
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Former Pension Plan Member. This term refers to a Annuitant who is a former member of the Pension Plan from which the Locked-In Funds originated; this term does not apply to an Annuitant who obtained the Locked-In Funds as a result of the death of a Former Pension Plan Member or pursuant to the settlement of rights following the breakdown of his/her marriage to a Former Pension Plan Member.
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Examples of Former Pension Plan Member in a sentence

  • If the Annuitant is a Former Pension Plan Member, the insurer guarantees that if the Annuitant dies, the Annuitant's Spouse will receive a Pension (the “Spouse Pension”) equal to at least 60% of the amount of the Pension that the Annuitant was receiving during his/her lifetime, including during any replacement period, the amount of any temporary pension payable thereunder, as the case may be.

Related to Former Pension Plan Member

  • Former Member means a member that has withdrawn from a qualified authority under this section or a prior member of a qualified authority that has been dissolved under this section.

  • war pension means a war disablement pension, a war widow’s pension or a war widower’s pension;

  • Canadian Pension Plan means a pension plan or plan that is subject to applicable pension benefits legislation in any jurisdiction of Canada and that is organized and administered to provide pensions, pension benefits or retirement benefits for employees and former employees of any Loan Party or any Subsidiary thereof.

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

  • Deferred member means a person who elected to receive deferred vested retirement

  • Single Employer Plan any Plan which is covered by Title IV of ERISA, but which is not a Multiemployer Plan.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • qualifying age for state pension credit means (in accordance with section 1(2)(b) and (6) of the State Pension Credit Act 2002)—

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.