Multiple Employer Pension Plan definition

Multiple Employer Pension Plan means any employee benefit plan within the meaning of Section 3(3) of ERISA (other than a Multiemployer Plan), subject to Title IV of ERISA, to which the Company or any ERISA Affiliate and an employer (as such term is defined in Section 3 of ERISA), other than an ERISA Affiliate or the Company, contribute.
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Multiple Employer Pension Plan means any "employee benefit plan" within the meaning of section 3(3) of ERISA (other than a Multiemployer Plan), subject to Title IV of ERISA,
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Multiple Employer Pension Plan. (i) neither Firstbank nor any Firstbank Subsidiary would have any liability or obligation to post a bond under Section 4063 of ERISA if Firstbank and all Firstbank Subsidiaries were to withdraw from such Multiple Employer Pension Plan; and (ii) neither Firstbank nor any Firstbank Subsidiary would have any liability under Section 4064 of ERISA if such Multiple Employer Pension Plan were to terminate.
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Examples of Multiple Employer Pension Plan in a sentence

  • The Rocky Flats plans are: the Rocky Flats Multiple Employer Pension Plan, Kaiser-Hill Retirement Plan for Hourly Plant Protection Employees, Rocky Flats Employee Welfare Trust, and Rocky Flats Workers’ Compensation Insurance Plans.

  • The current names of the plans are as follows: • Rocky Flats Retirement Plan replaces Rocky Flats Multiple Employer Pension Plan • Rocky Flats Retirement Plan for Hourly Plant Protection Employees replaces Kaiser-Hill Retirement Plan • Mound Employees’ Pension Plan replaces CH2M Hill Mound, Inc.

  • The current names of the plans are as follows:  Rocky Flats Retirement Plan replaces Rocky Flats Multiple Employer Pension Plan  Rocky Flats Retirement Plan for Hourly Plant Protection Employees replaces Kaiser-Hill Retirement Plan  Mound Employees’ Pension Plan replaces CH2M Hill Mound, Inc.

  • Management of the Multiple Employer Pension Plan (for Incumbent employees and retired plan participants), including administration, funding, coordinating contributions from participating plan sponsors and maintaining the qualified status of the plan.

  • Non-grandfathered employees, those not participating in the ETTP Multiple Employer Pension Plan (MEPP), will be eligible for non-discretionary company contribution of 5.8% based on applicable base hourly rate (no shift differential), on hours worked to include overtime hours.

  • Wastren-EnergX Mission Support, LLC is a co-sponsor of and participant in the Multiple Employer Pension Plan (MEPP), a defined benefit pension plan.

  • Following any sale, assignment, or other transfer, in bulk, of all the property subject to the conservatorship, the conservator shall pay the net proceeds from the sale that remain after payment of all obligations owing to the state of Michigan and any political subdivisions of the state and of those allowances set forth in this act to the former or suspended licensee.

  • Identify relevant Contractor personnel or other personnel who will administer or assist in administering the benefit plans for the Savannah River Nuclear Solutions Multiple Employer Pension Plan, including the Contractor’s benefit plan administrators and personnel, head of human resources, ERISA counsel, actuaries, and any and all other personnel deemed necessary by the Contractor.

  • Non-Grandfathered Employees, those not participating in the Multiple Employer Pension Plan and the USW Career DB Pension Plan, may be eligible for the non-discretionary company contribution of 5.8% based on applicable hourly wage and COLA for every hour worked to include overtime.

  • Within 15 days after NTP, the Contractor shall provide to the Contracting Officer a list of the information and documents the Contractor has requested from the Incumbent Contractor(s) pertaining to the transition of the current employees of Savannah River National Laboratory participating in Savannah River Nuclear Solutions Multiple Employer Pension Plan, and other existing benefit plans.


More Definitions of Multiple Employer Pension Plan

Multiple Employer Pension Plan. Pension Plan," "Person," "Qualified Indebtedness Coverage Assets," "Qualified Restricted Payment Assets," "Real Estate Loans" and "Scheduled Interest Payments" and the following definitions are substituted respectively in lieu thereof:
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Multiple Employer Pension Plan means any Pension Plan (other than a Multiemployer Pension Plan), subject to Title IV of ERISA, to which the Company or any ERISA Affiliate and an employer (as such term is defined in Section 3(5) of ERISA) other than an ERISA Affiliate or the Company contribute. NET EARNINGS FOR INTEREST - Section 4.02A of the Indenture. OUTSTANDING - Section 1.01 of the Indenture; provided, however, that for purposes of this Agreement only (and not the Indenture, except to the extent provided therein), First Mortgage Bonds held or owned by the Company, any Subsidiary or any Affiliate shall not be deemed to be Outstanding. PARENT - Southwest Water Company, a Delaware corporation, which owns one hundred percent (100%) of the capital stock of the Company.
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Multiple Employer Pension Plan means any "employee benefit plan" within the meaning of section 3(3) of ERISA (other than a Multiemployer Plan), subject to Title IV of ERISA, constituting a "single-employer plan" (as defined in section 4001 of ERISA) which has two (2) or more "contributing sponsors" (as defined in section 4001 of ERISA), at least two (2) of which are not under "common control" (as defined in section 4001 of ERISA) and to which the Company or any ERISA Affiliate contribute. NET DEALER HOLDBACKS -- means, at any time, (a) dealer holdbacks minus (b) Advances, as such amounts would appear in the footnotes to the financial statements of the Company and the Restricted Subsidiaries prepared in accordance with GAAP at such time. As used in this definition: Advances -- means, at any time, the dollar amount of advances, as such amount would appear in the footnotes to the financial statements of the Company and the Restricted Subsidiaries prepared in accordance with GAAP at such time, provided that Advances shall not include Charged- Off Advances to the extent that such Charged-Off Advances exceed the portion of the Company's allowance for credit losses related to reserves against advances not expected to be recovered, as such allowance would appear in the footnotes to the financial statements of the Company and the Restricted Subsidiaries prepared in accordance with GAAP at such time.
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Multiple Employer Pension Plan means any employee benefit plan within the meaning of section 3(3) of ERISA (other than a Multiemployer Plan), subject to Title IV of ERISA, to which the Company or any ERISA Affiliate and an employer (as such term is defined in section 3 of ERISA) other than an ERISA Affiliate or the Company contribute.
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Multiple Employer Pension Plan means a Single Employer Pension Plan, which (i) is maintained for employees of any Borrower or an ERISA Affiliate and at least one Person other than such Borrower and its ERISA Affiliates or (ii) was so maintained and in respect of which a Borrower or an ERISA Affiliate could have liability under Section 4064 or 4069 of ERISA in the event such Pension Plan has been or were to be terminated.
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Multiple Employer Pension Plan means any employee benefit plan within the meaning of of ERISA (other than a Multiemployer Plan), subject to Title IV of ERISA, to which the Company or any ERISA Affiliate and an employer (as such term is defined Section 3 of ERISA), other than an ERISA Affiliate or the Company, contribute “Permitted Acquisition” means any purchase or acquisition by the Company or any Subsidiary of all or substantially all of the assets of any other Person (or of a particular business of any other Person), or of any equity interest in any other Person, in each case which is engaged in the aggregates, or related xxxxxxx.xx and services. business.
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Related to Multiple Employer Pension Plan

  • Multiple Employer Plan means a Plan which has two or more contributing sponsors (including the Borrower or any ERISA Affiliate) at least two of whom are not under common control, as such a plan is described in Section 4064 of ERISA.

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

  • Multi-employer Plan means a "multi-employer plan" as defined in Section 4001(a)(3) of ERISA which is or was at any time during the current year or the immediately preceding six (6) years contributed to by the Borrower or any ERISA Affiliate.

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Multiemployer Pension Plan means a multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which the Company or any other member of the Controlled Group may have any liability.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • 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.

  • 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)—

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Annual Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder in a Policy Year irrespective of whether any limits of any benefit items stated in the Benefit Schedule have been reached. The Annual Benefit Limit is counted afresh in a new Policy Year.

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

  • Foreign Pension Plan means any plan, fund (including, without limitation, any superannuation fund) or other similar program established or maintained outside the United States by the Borrower or any one or more of its Subsidiaries primarily for the benefit of employees of the Borrower or such Subsidiaries residing outside the United States, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and which plan is not subject to ERISA or the Code.

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

  • 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.

  • Canadian Pension Plan means any Canadian Employee Benefit Plan, other than a Canadian Multiemployer Plan, which is registered in accordance with the ITA or other Applicable Law and which (a) is maintained for the employees of the Borrower or any of its Subsidiaries or (b) has at any time within the preceding six (6) years been maintained for the employees of the Borrower or any of its Subsidiaries which the Borrower or any of its Subsidiaries sponsors, maintains, or to which it makes, is making or is obligated to make, contributions, and shall not include any Pension Plan.

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Elective Contribution means the Employer contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess “annual additions” pursuant to Section 4.11(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.7(b) which is used to satisfy the “Actual Deferral Percentage” tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the “Actual Deferral Percentage” tests or the “Actual Contribution Percentage” tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5) and Regulation 1.401(m)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Unfunded Benefit Liabilities means, with respect to any ERISA Plan at any time, the amount (if any) by which (i) the present value of all accrued benefits calculated on an accumulated benefit obligation basis and based upon the actuarial assumptions used for accounting purposes (i.e., those determined in accordance with FASB statement No. 35 and used in preparing the ERISA Plan’s financial statements) exceeds (ii) the fair market value of all ERISA Plan assets allocable to such benefits, determined as of the then most recent actuarial valuation report for such ERISA Plan.

  • Pension Plan means any “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by the Borrower or any ERISA Affiliate or to which the Borrower or any ERISA Affiliate contributes or has an obligation to contribute, or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five plan years.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • 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.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee’s account under any plan of an Employer or a Related Company solely on account of “elective contributions” made on his behalf or “employee contributions” made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.