Past Benefit definition

Past Benefit means a policy, procedure or practice which has been continuous and which does have a cost factor to the City and/or a monetary benefit to a member.
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Past Benefit shall be a policy, procedure or practice which has been continuous and is known and sanctioned by the Chief of Police and which has a cost factor to the Administration and/or a monetary benefit to an Employee.
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Examples of Past Benefit in a sentence

  • To the extent applicable, to the Knowledge of the Company, the Current Benefit Plans now comply, and the Past Benefit Plans did comply when they were in effect, in all material respects with the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and the Code.

  • Company Plan" shall mean any Current Benefit Plan or Past Benefit Plan of the Company or any of its subsidiaries.

  • DSI Company Plan" shall mean any Current Benefit Plan or Past Benefit Plan entered into by DSI.

Related to Past Benefit

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

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

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

  • Accrued Benefit have the meanings specified in ERISA.