Group Benefit Plans definition

Group Benefit Plans means the pension and benefit plans of the Group.
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Group Benefit Plans shall have the meaning set forth in Section 3.18(a).
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Group Benefit Plans means the MLP Benefit Plans and the Parent Benefit Plans.
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Examples of Group Benefit Plans in a sentence

  • All active, full-time employees are eligible to participate in the Group Benefit Plans.

  • This appropriation is supported by the Group Benefit Plans Reserve Fund created in Section 24-50-613(1), C.R.S., per Long Bill annotation.

  • This appropriation is supported by an amount set forth by the Department in the program procedures adopted pursuant to Section 24-50-604(1)(k)(IV), C.R.S., and may include, but need not be limited to, funds from the Group Benefit Plans Reserve Fund created in Section 24-50-613(1), C.R.S., the Risk Management Fund created in Section 24-30-1510(1), C.R.S., and any interest derived from said funds, per Long Bill annotation.

  • The co-ordination of benefits is a standard practice in the administration of Group Benefit Plans.

  • This appropriation is supported by the Group Benefit Plans Reserve Fund created in Section 24- 50-613(1), C.R.S., per Long Bill annotation.

  • Members of some types of Group Benefit Plans have certain rights and protections under ERISA (Participants).

  • Subject to the requirements of the carrier and provided the employee works 35 hours on average in a two (2) week period, a part-time employee may participate in the following Group Benefit Plans offered by the Employer provided the employee pays the full premium; Life Insurance, Major Medical including vision care and hearing aids, and the Dental Plan.

  • Such employees shall also be entitled to have their participation continued in the Employer's Group Benefit Plans as set out in Article hereto.

  • The Employer will advise employees, upon retirement, of the available benefit conversion options and/or their entitlements as provided under the existing Group Benefit Plans.

  • Eligibility requirements for coverage under the Group Benefit Plan are separate from eligibility requirements to participate in the Plan and require separate compliance; satisfaction of requirements to enroll in the Plan for Salary Reduction does not necessarily satisfy eligibility requirements for Employees, Spouses or Dependents to enroll in Group Benefit Plans coverage.EXAMPLE: The age limit for eligibility for a dependent child to participate in a County- sponsored Benefit Plan is up to age 26.


More Definitions of Group Benefit Plans

Group Benefit Plans means all Employee Plans and Benefit Arrangements, other than those agreements and arrangements with individual employees.
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Group Benefit Plans for purposes of this Section 5.16(a) shall mean the Company's Regence Innova Medical Plan, Regence HAS Health Plan 2.0, Kxxxxx Permanente Medical Plan, LifeMap Voluntary Vision and Dental Plans and Willamette Voluntary Dental Plan. Upon the Effective Time, Company Employees will become eligible for participation in the severance plan applicable to employees of AmericanWest Bank and in connection therewith will receive full credit for prior service accrued with the Company and its Subsidiaries (as well as service with any predecessor employer of Company and its Subsidiaries to the extent recognized by the Company) and service following the Effective Time, for purposes of determining the amount of severance benefits under such severance plan of AmericanWest Bank. Parent will consider providing retention awards to Company Employees payable in amounts and at times determined by Parent.
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Group Benefit Plans means the health and welfare benefit plan(s) sponsored by the County for its Employees, their Spouses and Dependents for which an eligible Employee may wish to pay through participation in this Section 125 Premium Conversion Plan, including: (1) those benefit plans that provide accident or health benefits through an insurance policy, health maintenance organization (HMO) contract or other benefit plan to the extent such coverage is excludable from income under IRC Section 106; and (2) coverage under a group term life insurance plan to the extent such coverage is excludable from income within the meaning of IRC Section 79. Group Benefit Plans include the medical and dental benefit plans consisting of one or more indemnity plans or HMOs, voluntary term life insurance and accidental death and dismemberment (AD&D) policies that the County maintains for its Employees, their Spouses and Dependents as specified in Schedule A and such other benefits as may be adopted by the Plan from time to time.
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Related to Group Benefit Plans

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Seller Benefit Plans has the meaning set forth in Section 4.10(a).

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • Canadian Benefit Plan means any plan, fund, program or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Loan Party has any liability with respect to any of its employees or former employees employed in Canada, and includes any Canadian Pension Plan.

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

  • Seller Benefit Plan means each Employee Benefit Plan sponsored, maintained or contributed to by a Seller or any of its Affiliates or with respect to which a Seller or any of its Affiliates has, or could reasonably be expected to have, any direct or indirect Liability.

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • 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.

  • Company Employee Benefit Plan means each Employee Benefit Plan that is maintained, sponsored or contributed to (or required to be contributed to) by any of the Group Companies or under or with respect to which any of the Group Companies has any Liability.

  • Parent Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "EMPLOYEE BENEFIT PLAN," within the meaning of Section 3(3) of ERISA which is maintained, contributed to, or required to be contributed to, by Parent or any Affiliate for the benefit of any Parent Employee;

  • Employee Benefit Plans shall have the meaning set forth in Section 3.20(a).

  • Company Plan means all Plans of which the Company or an ERISA Affiliate of the Company is or was a Plan Sponsor, or to which the Company or an ERISA Affiliate of the Company otherwise contributes or has contributed, or in which the Company or an ERISA Affiliate of the Company otherwise participates or has participated. All references to Plans are to Company Plans unless the context requires otherwise.