Normal Supplemental Retirement Benefit definition

Normal Supplemental Retirement Benefit means the Annual Base Formula Retirement Benefit, as set forth in Section 6.
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Examples of Normal Supplemental Retirement Benefit in a sentence

  • Mr. Orr's Normal Supplemental Retirement Benefit shall xxx xx xxduced or offset by the amount of any other payment then due him from Wausau or any other plan or program now or hereafter maintained by Wausau.

  • Monthly Normal Supplemental Retirement Benefit payments shall begin as of the first day of the calendar month following the six month anniversary date of a Traditional Participant's termination of employment ("Normal Retirement Benefit Commencement Date") and shall be paid monthly thereafter as of the first day of each succeeding month.

  • Monthly Normal Supplemental Retirement Benefit payments shall begin as of the first day of the calendar month following the six month anniversary date of a Traditional Participant’s termination of employment (“Normal Retirement Benefit Commencement Date”) and shall be paid monthly thereafter as of the first day of each succeeding month.

  • Mr. Orr's Normal Supplemental Retirement Benefit shall xxx xx reduced or offset by the amount of any other payment then due him from Mosinee or any other plan or program now or hereafter maintained by Mosinee.

  • Mr. Orr's Normal Supplemental Retirement Benefit shall not be reduced or offset by the amount of any other payment then due him from Mosinee or any other plan or program now or hereafter maintained by Mosinee.

  • Beginning on the first day of the first month following the last to occur of (a) Mr. Orr's termination of employment with Wausau or (b) Xx. Xxx'x 60th birthday, and continuing on the first dax xx xxxx succeeding month, Wausau shall pay to Mr. Orr, if he is then living, a monthly supplemental rxxxxxxxnt benefit (Mr. Orr's "Normal Supplemental Retirement Benefit") in xx xxxxxx equal to 50% of one-twelfth of Mr. Orr's highest final average compensation.

  • If a Member resigns or is dismissed from the employ of all the Employers before his Early Retirement Date or Normal Retirement Date, he will forfeit all rights to receive a Normal Supplemental Retirement Benefit or an Early Supplement Retirement Benefit under the Plan.

  • If the Board has not agreed to permit such early payment by a date which is 15 days after the request for reconsideration is made, the Executive shall have the right to receive upon written application to the Bank the Actuarial Equivalent of such Normal Supplemental Retirement Benefit, less a penalty of 7%.

  • Mr. Orr's Normal Supplemental Retirement Benefit shall not xx xxxxxxd or offset by the amount of any other payment then due him from Mosinee or any other plan or program now or hereafter maintained by Mosinee.

  • Xx. Xxx’x Normal Supplemental Retirement Benefit shall not be reduced or offset by the amount of any other payment then due him from Wausau or any other plan or program now or hereafter maintained by Wausau.

Related to Normal Supplemental Retirement Benefit

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

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

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

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Termination Benefit means the benefit set forth in Article 7.

  • SERP Benefit means the benefit described in Section 5.1.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

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

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Monthly Benefit means the monthly amount payable by Lincoln to you if you are Disabled or Partially Disabled.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

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

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

  • retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • Actuarial equivalent means a benefit of equal value when

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.