Optional Benefit Coverages definition

Optional Benefit Coverages means the coverage option(s) available to a Participant as set forth in the eligible benefit plans sponsored by Buckeye Hills Regional Council. In addition, to the extent Buckeye Hills
Optional Benefit Coverages means the coverage option(s) available to a Participant as set forth in the eligible benefit plans sponsored by Louisiana Machinery Company, LLC/Force Power Systems, LLC/Resource Energy Equipment, LLC. In addition, to the extent Louisiana Machinery Company, LLC/Force Power Systems, LLC/Resource Energy Equipment, LLC sponsors an eligible high deductible health plan, contributions to a health savings account by the Participant are included in Optional Benefit Coverages.
Optional Benefit Coverages means the coverages (if any) available to a Participant under the plans of the Employer set forth in Schedules A and B.

Examples of Optional Benefit Coverages in a sentence

  • Only one (1) sabbatical leave of absence will be considered every five (5) years for each individual.

  • A new Participant's failure to make an election under Section 4.5 for this Plan on or before the due date specified by the Administrator for the Coverage Period in which he or she becomes a Participant but elects an Optional Benefit Coverage, such Participant will be deemed to have elected to pay the employee portion of the cost of the Optional Benefit Coverages on a pre-tax basis.

  • The five-minute statement travels from D minor to D major, with the even, stepwise baseline fortifying the cause of victory for its female heroine.

  • The Participant shall agree to a reduction in his or her compensation equal to the cost of the Optional Benefit Coverages elected.

  • One prohibits standardless delegations of legislative authority to private actors— and Texas courts have long held that private selection of pipeline routes are the equivalent of legislative actions.

  • The Participant shall agree to a reduction in compensation (or, if applicable, a deduction from the Participant’s after-tax compensation) equal to the cost of the Optional Benefit Coverages elected by the Participant.

  • A Participant may elect under this Plan, in accordance with the procedures described in Sections 4.4, 4.5 and 4.6, to receive one or more Optional Benefit Coverages to the extent available to the Participant under the applicable plans identified on Schedules A and B.

  • Each Participant may elect Optional Benefit Coverages in accordance with, and subject to, the procedures set forth in Article 4 and such other procedures as may be established by the Administrator from time to time.

  • The Participant is deemed to have agreed to a reduction in his or her compensation equal to the cost of the Optional Benefit Coverages elected by the Participant.

  • If the individual desires one or more Optional Benefit Coverages for the balance of the Coverage Period, the individual shall so specify in his or her election.


More Definitions of Optional Benefit Coverages

Optional Benefit Coverages means the coverage option(s) available to a Participant as set forth in the eligible benefit plans sponsored by Your Company Name Here.. In addition, to the extent Your Company Name Here. sponsors an eligible high deductible health plan, contributions to a health savings account by the Participant are included in Optional Benefit Coverages.
Optional Benefit Coverages means the coverage option(s) available to a Participant as set forth in the eligible benefit plans sponsored by Whitney Blake Company & Whitney Blake Management Company.
Optional Benefit Coverages means the coverage option(s) available to a Participant as set forth in the eligible benefit plans sponsored by Gebruder Weiss, Inc.. In addition, to the extent Gebruder Weiss, Inc.sponsors an eligible high deductible health plan, contributions to a health savings account by the Participant are included in Optional Benefit Coverages.
Optional Benefit Coverages means the coverages available to a Participant as set forth in Schedules A and B.

Related to Optional Benefit Coverages

  • Additional Benefits means quantifiable and verifiable enhancement of conservation of biodiversity and/or improvement of local livelihoods realized as a result of implementation of the REDD activities;

  • extended reduction (qualifying contributory benefits means a reduction under this scheme for which a person is eligible in accordance with paragraph 88 or 95;

  • 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.

  • 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.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • Medical Benefits means medical, optical, or dental benefits, including, but not limited to, hospital and physician services, prescription drugs, and related benefits.

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • superannuation benefit means any payment, other than a refund of contributions, made to a dentist by virtue of the application of the (a) National Health Service Pension Scheme Regulations 1995; or (b) the National Health Service Superannuation Scheme (Scotland) Regulations 1995 or (c) the corresponding provisions of the law in force in Northern Ireland; as a result of his providing general dental services;

  • Normal Retirement Benefit means an annual benefit payment in the amount of Seventy Two Thousand and Sixty One dollars ($72,061) for a period of fifteen (15) years.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

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