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Other Retirement Income definition

Other Retirement Income means (A)(i) the Social Security retirement benefit that the Participant or Vested Former Participant is entitled to receive under the Federal Social Security Act as of the date of his Retirement or, (ii) if the Participant or Vested Former Participant is not eligible to receive a Social Security retirement benefit commencing on such date, the Social Security retirement benefit he is entitled to receive at the earliest age he is eligible to receive such a benefit, discounted to the date his Benefit under the Plan actually commences, using the actuarial assumptions then in use under the relevant Basic Plan, assuming for purposes of (i) and (ii) above that for years prior to the Participant's employment with the Corporation and for years following the Participant's termination of employment with the Corporation up until the Participant attains age 62, the Participant earned compensation so as to accrue the maximum Social Security benefits, and (B) the retirement income payable to a Participant or Vested Former Participant from the following sources:
Other Retirement Income means:
Other Retirement Income means the retirement income payable to a Member or Vested Former Member from any `excess benefit plan' as that term is defined in Section 3(36) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), any plan described in Section 201(2) of ERISA, and any other contract, agreement or other arrangement providing a defined pension benefit or defined contribution retirement benefit, in any case, maintained or entered into with the Company or an Affiliated Employer (excluding this Plan, any Basic Plan, any defined contribution plan intended to meet the requirements of Code Section 401(a) and any elective plan of deferred compensation).

Examples of Other Retirement Income in a sentence

  • Upon Boehringer's written request, the Participant agrees to submit the last full year tax return filed with the Internal Revenue Service to the outside auditor of Boehringer's choice, in order to verify the Other Retirement Income reported by the Participant.

  • Foreign source income includable in Other Retirement Income will be translated into United States dollars using the rate of exchange accepted by the Internal Revenue Service for the preceding tax year.

  • Such annuities shall be the Actuarial Equivalent of the amount of Other Retirement Income or the amount under the RIP Plan actually payable (or paid) to the Participant.

  • Other Retirement Income Social Security In addition to your 2001 Staff Retirement Program benefits, you may qualify for Social Security benefits.

  • A Participant's Supplemental Deferred Vested Benefits will be an annual amount computed in the same manner as Supplemental Retirement Benefits under section 5.1(a), based on his Final Average Boehringer Income at his termination of employment and his projected age 65 Other Retirement Income and benefit under the RIP Plan.


More Definitions of Other Retirement Income

Other Retirement Income means the retirement income payable to a Participant from the following sources as of the date the Participant’s benefits commence under the Plan:
Other Retirement Income means retirement income payable to a Participant as set forth below:
Other Retirement Income means annual income (determined as of the earlier of a Participant’s Separation from Service, Death, or Disability) payable to a Participant from the following sources:
Other Retirement Income means, the total amount of annual retirement income payable to a Participant, calculated in United States dollars, from any employment source other than the DePuy Affiliated Group. Other Retirement Income shall include-- (1) any employer-provided benefits that a Participant is entitled to receive (whether or not waived or deferred) from any plan that is a qualified retirement plan under section 401(a) of the Code and that is subject to the minimum funding requirements of section 412 of the Code; (2) any employer-derived benefits that a Participant is entitled to receive (whether or not waived) under a defined benefit retirement plan maintained outside of the United States; (3) one-half of any primary Social Security benefits that a Participant is entitled to receive (whether or not waived or deferred); and (4) any benefits that a Participant is entitled to receive (whether or not waived or deferred) under a program that is comparable to
Other Retirement Income means, as determined by the Committee in its discretion, retirement income payable from any other retirement plan whether or not such plan was maintained by, or contributed to, by the Company.
Other Retirement Income means the employer-provided retirement income payable to a Participant, Former Participant or Beneficiary (as defined in the Retirement Plan) from the following sources:
Other Retirement Income means the monthly retirement income payable to a Participant from the following sources: