Limited Benefit definition

Limited Benefit means an additional benefit amount to be paid in addition to the Limited Eligible Member's Regular Retirement Benefit, for only so long as the Regular Retirement Benefit is payable, in the amount of $200 per month or the amount of Excess Contributions actually paid, whichever is less, until the total amount of Excess Contributions made by that Eligible Member has been paid.
Limited Benefit. Determined by reference to the following table (See Note 1): Year Limited Benefit January 1, 2009 to December 31, 2009 $7,200 January 1, 2010 to December 31, 2010 $10,600 January 1, 2011 to December 31, 2011 $16,182 January 1, 2012 to December 31, 2012 $24,764 January 1, 2013 to December 31, 2013 $33,345 January 1, 2014 to December 31, 2014 $44,927 January 1, 2015 to December 31, 2015 $56,509 January 1, 2016 to December 31, 2016 $68,091 January 1, 2017 to December 31, 2017 $79,673 January 1, 2018 to December 31, 2018 $91,255 January 1, 2019 to December 31, 2019 $102,836 January 1, 2020 to September 30, 2020 $112,373 October 1, 2020 to December 31, 2020 $116,818 January 1, 2021 and thereafter $126,000 Note 1: In the event of Executive’s voluntary termination prior to attaining age fifty-five (55), this Limited Benefit is forfeited per Section 2(b) of this Agreement. The undersigned XXXXXXX X. XXXXX (the “Executive”) hereby acknowledges that he or she has reviewed this Exhibit A to the Supplemental Executive Retirement Benefits Agreement and that the information set forth in this Exhibit A is true and correct in all material respects. /s/ Xxxxxxx X. Xxxxx 3-5-13 XXXXXXX X. XXXXX Date this Exhibit A signed
Limited Benefit means the plan: (1) pays benefits for the

Examples of Limited Benefit in a sentence

  • Limited Benefit Periods for Alcoholism and Drug Addiction or AbuseWe will pay Disability Benefits on a limited basis during your lifetime for a Disability caused by, or contributed to by, any one or more of the following conditions.

  • LIMITED BENEFIT COVERAGE –The policy is designed to provide, to persons insured, Limited Benefit Coverage in the form of a fixed daily benefit during periods of hospitalization resulting from a covered Injury or Sickness.

  • All other 1000 Object Salaries and Benefits for Regular employees, Fixed-Term employees, Limited Benefit employees and Optimum Census Staffing employees are projected by SBFS.

  • The table below is provided as a reference for budgeting Extra Help, Intermittent, Fixed-Term, Limited Benefit and HCA-OCS.

  • The HUSKY A, HUSKY B, HUSKY C, HUSKY D and HUSKY Limited Benefit programs, collectively.

  • As noted in the discussion of Object 1101 above, salary costs for Fixed-Term, Limited Benefit and OCS employees are budgeted in Object 1101.

  • Refer to the Covered Charges section$0 CopaymentDeductible/Coinsurance Therapeutic Manipulation: Limited Benefit.

  • If Questions 1 and 2 are “NO,” but Question 3 is “YES” then the proposed insured will be eligible for a Limited Benefit Product (“Limited Benefit” should be CHECKED).

  • No such action will be brought after three years from the time written proof of loss is required to be given.Accident Hospital Indemnity Benefit Rider‌ Securian Life Insurance Company400 Robert Street North • St. Paul, Minnesota 55101-2098 Limited Benefit, Please Read Carefully This Accident Hospital Indemnity Benefit Rider is a part of the Policy or Certificate to which it is attached.

  • For those policyholders that do not have either the Contingent Nonforfeiture or NFO rider available, GLIC will continue to offer its Optional Limited Benefit, which provides a paid-up benefit equal to the total of premium paid, less any claims paid.


More Definitions of Limited Benefit

Limited Benefit. Determined by reference to the following table (See Note 2): Year Limited Benefit January 1, 2009 to December 31, 2009 $ 152,888 January 1, 2010 to December 31, 2010 $ 175,332 January 1, 2011 to December 31, 2011 $ 185,776 January 1, 2012 to December 31, 2012 $ 196,220 January 1, 2013 to December 31, 2013 $ 206,664 January 1, 2014 to December 31, 2014 $ 211,108 January 1, 2015 to June 27, 2015 $ 215,552 June 28, 2015 and thereafter $ 220,000 Note 1: See Section 2(a) for annual increase in Full Benefit for years worked after age sixty-five (65). Note 2: In the event of Executive’s voluntary termination prior to attaining age fifty-five (55), the Limited Benefit is forfeited per Section 2(b) of this Agreement. The undersigned R. XXXXXX XXXXXXX (the “Executive”) hereby acknowledges that he or she has reviewed this Exhibit A to the Supplemental Executive Retirement Benefits Agreement and that the information set forth in this Exhibit A is true and correct in all material respects. R. XXXXXX XXXXXXX EXHIBIT B DESIGNATION OF BENEFICIARY FORM under the SUPPLEMENTAL EXECUTIVE RETIREMENT BENEFITS AGREEMENT Pursuant to Section 2(e) of the Supplemental Executive Retirement Benefits Agreement (the “Agreement”), I, R. XXXXXX XXXXXXX, hereby designate the beneficiary(ies) listed below to receive any benefits under the Agreement that may be due following my death. This designation shall replace and revoke any prior designation of beneficiary(ies) made by me under the Agreement. Full Name(s), Address(es) and Social Security Number(s) of Primary Beneficiary(ies)*: * If more than one beneficiary is named above, the beneficiaries will share equally in any benefits, unless you have otherwise provided above. Further, if you have named more than one beneficiary and one or more of the beneficiaries is deceased at the time of your death, any remaining beneficiary(ies) will share equally, unless you have provided otherwise above. If no primary beneficiary survives you, then the contingent beneficiary designated below will receive any benefits due upon your death. In the event you have no designated beneficiary upon your death, any benefits due will be paid to your estate. In the event that you are naming a beneficiary that is not a person, please provide pertinent information regarding the designation. Full Name, Address and Social Security Number of Contingent Beneficiary: Date R. XXXXXX XXXXXXX
Limited Benefit means the benefit payable to a Participant pursuant to Section 3 of the SERP.

Related to Limited Benefit

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Retirement Benefit means the benefit set forth in Article 5.

  • Refund beneficiary means an individual nominated by a qualified participant or a former qualified participant under section 66 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 67.

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

  • Lifetime Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder cumulatively since the inception of these Terms and Benefits, irrespective whether any limits of any benefit items stated in the Benefit Schedule have been reached or whether the Annual Benefit Limit in a Policy Year has been reached.

  • Disability benefit recipient means a member who is receiving a disability benefit.