Pension Account definition
Examples of Pension Account in a sentence
However, the payment of cash dividend equivalents shall not be considered to be “eligible compensation,” as such term is defined under either the Company’s Retirement Savings Plan or Pension Account Plan.
For purposes of Section 7.9(e), the Interest Crediting Rate in effect in the Pension Account Plan during the period between Closing Date and Actual Transfer Date will be used for the adjustment.
The Foundation's contributions on behalf of the member will be credited to the Employer Pension Account and employee's voluntary additional contributions will be credited to the member's Voluntary Account.
In connection with administering Section One and Two above, Ford may decide to retain a third party service to maintain the notional Visteon Pension Account and to determine the correct amount of Visteon reimbursements according to the methodology set forth in this Attachment A.
Commutation of Annuity Payout Value(s) will reduce or eliminate Personal Pension Account Payouts on a FIFO basis for the remaining portion of the corresponding Guaranteed Payout Duration.