Insured Disabled Participant definition

Insured Disabled Participant means a Participant whom the Insuror determines to have incurred Disability and shall include both (a) Participants receiving payments under the Disability Contract and (b) Participants who have not yet begun to receive benefits under the Disability Contract solely because the elimination period under the Disability Contract has not elapsed, so long as the Participant ultimately receives benefits under the Disability Contract or sooner dies. An Insured Disabled Participant shall remain a Disabled Participant so long as he is entitled to receive payments under the Disability Contract.

Examples of Insured Disabled Participant in a sentence

  • If a Participant who was not in the 1978 Plan and was not an Insured Disabled Participant dies(a) before attaining age 65, before Termination, and his death is a Line of Duty Death or (b) during the time that he was receiving or entitled to receive a Disability Pension, the following Survivor Pensions are payable if the Participant is survived by either Dependent Children or Spouse or both.

  • If, at the time of hisdeath, the Participant was receiving or was entitled to receive a Disability Pension or was an Insured Disabled Participant or if his death was a Line of Duty Death, his surviving Spouse upon attaining age 65 and not then having remarried shall be entitled to a Permanent Survivor Pension.

  • If a Participant dies before Termination and (a) at the time of his death he had completed at least 7 ½ years of Credited Service or (b) his death is a Line of Duty Death, or if a Participant dies during the time that he was an Insured Disabled Participant, then the following Survivor Pensions are payable if the Participant is survived by either Dependent Children or Spouse or both.

  • If, at the time of his death, the Participant was receiving or was entitled to receive a Disability Pension or was an Insured Disabled Participant or if his death was a Line of Duty Death, his surviving Spouse upon attaining age 65 and not then having remarried shall be entitled to a Permanent Survivor Pension.

Related to Insured Disabled Participant

  • 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).

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

  • 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.

  • disabled person means an individual receiving monetary

  • Accrued Benefit have the meanings specified in ERISA.

  • Disability retirement for plan 1 members, means the period

  • Disability Benefit means the benefit set forth in Article 8.

  • 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.

  • Disability/Disabled means because of Injury or Sickness you are unable to perform the material duties of your Regular Occupation, or are receiving disability benefits under the Employer's plan, during the initial 9 months of Disability. Thereafter, you must be unable to perform all of the material duties of any occupation which you may reasonably become qualified based on education, training or experience, or are subject to the terms of a Rehabilitation Plan approved by the Insurance Company.

  • Retirement Age means the earlier to occur of the Participant attaining: (i) age 65 or more; or (ii) age 60 or more with at least 15 years of continuous Service, provided that the Participant has continuously remained in Service from the Award Date until the earlier to occur of (i) or (ii).

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • 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.

  • war disablement pension means any retired pay or pension or allowance payable in respect of disablement under an instrument specified in section 639(2) of the Income Tax (Earnings and Pensions) Act 2003;

  • Totally Disabled means that because of an injury or illness:

  • Disabled or Disability means Disabled or Disability within the meaning of Section 409A of the Code and the regulations thereunder. Generally, this means that the Participant is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, receiving income replacement benefits for a period of not less than three months under an accident and health plan covering Employees of the Employer.

  • Qualified disabled veteran means a business entity that is 51% or more owned by one or more veterans with a service- connected disability.

  • Gravely disabled means a condition in which a person, as a

  • Service-disabled veteran means a veteran, as defined in 38 U.S.C. 101(2), with a disability that is service-connected, as defined in 38 U.S.C. 101(16).

  • Normal Retirement Benefit means the benefit described in Section 2.1.

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

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • 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.

  • Qualified individual with a disability means an individual with a disability who satisfies the requisite skill, experience, education and other job-related requirements of the employment position such individual holds or desires, and who, with or without reasonable accommodation, can perform the essential functions of such position.

  • Severance from Service Date means the earlier of:

  • Mentally disabled means that a person suffers from a mental disease or defect which renders him or her incapable of appraising the nature of his or her conduct.

  • Severance from Employment means severance from employment with the Employer and any Related Entity. However, a Severance from Employment also occurs on any date on which an Employee ceases to be an employee of a public school, even though the Employee may continue to be employed by a Related Employer that is another unit of the State or local government that is not a public school or in a capacity that is not employment with a public school (e.g., ceasing to be an employee performing services for a public school but continuing to work for the same State or local government employer).