Pension Plan Benefit definition

Pension Plan Benefit means the aggregate annual retirement benefit payable to or on account of a Member from the Retirement Plans.
Pension Plan Benefit means the annual retirement benefit payable to or on account of a Participant from the Pension Plan.

Examples of Pension Plan Benefit in a sentence

  • The Board and the member shall make equal contributions to the O.M.E.R.S. Basic Pension Plan Benefit as prescribed under the O.M.E.R.S. Act and Regulations thereto.

  • Adding this Supplemental Plan benefit of$95 to the Pension Plan Benefit of $105, Appellee ends up with $200.

  • Adding this Supplemental Plan benefit of $100 to the Pension Plan Benefit of $105, each Appellee ends up with $205.

  • APPENDIX "T" - LETTER OF UNDERSTANDING - CUPE PENSION PLAN BENEFIT A one time payment in 2010, 2011, 2012 and 2013 shall be paid from the CUPE Pension Plan surplus to provide for a minimum annual CUPE Pension Plan Benefit of $15,000 to retirees whose annual CUPE Pension Plan Benefits are less than $15,000.

  • Some commodities, such as gasoline, are highly inelastic, meaning consumption changes very little in response to higher prices.


More Definitions of Pension Plan Benefit

Pension Plan Benefit means the annual benefit (if any) payable to the Eligible Employee under the Quaker Chemical Corporation Pension Plan (or any successor thereto), assuming such benefit is paid in the form of a single life annuity commencing on the Offset Date (regardless of the time at which and the form in which such benefit is paid from such Pension Plan).
Pension Plan Benefit means the aggregate annual retirement benefit payable to or on account of a Member from the Pension Plan.
Pension Plan Benefit in respect of an Executive means the amount of the annual pension payable upon Retirement to the Executive under the Pension Plan;
Pension Plan Benefit means the annual pension benefit determined under the Pension Plan without regard to the limitations on covered compensation under Section 401(a)(17) of the Internal Revenue Code of 1986, or the limitations on benefit accruals and payments under Section 415 of the Internal Revenue Code of 1986, and before any reduction in such pension benefit for the cost of a survivor annuity or for early retirement.
Pension Plan Benefit means (i) for purposes of determining the benefit under Section 4.02E(b) of the Plan, the “accrued benefit” under any of the pay base formulas under the Pension Plan, other than the special update formula, (ii) for purposes of determining the benefit under Section 4.02E(e) of the Plan, the “accrued benefit” under any of the pay base formulas under the Pension Plan, including the special update formula, and (iii) for purposes of determining the benefit under Section 4.02E(c) of the Plan, the “accrued benefit” under the Pension Plan under any of the pay base formulas under the Pension Plan, including the special update formula, each of (i), (ii) and (iii) herein determined without regard to the limitations on covered compensation under Code Section 401(a)(17), or the limitations on benefit accruals and payments under Code Section 415 and, unless otherwise indicated in the Plan, before any reduction in such pension benefit for the cost of a survivor benefit or for early commencement. Notwithstanding the provisions of the immediately preceding sentence, in applying the pay base formulas under the Pension Plan to a Participant described in Section 3.02(c), service and compensation after the date specified in the applicable provisions of Section 3.02(c) for purposes of determining the benefit under Section 4.02E(b) or Section 4.02E(e) of this Plan shall be excluded.
Pension Plan Benefit shall have the meaning given in Section 8.3(a)(iv).
Pension Plan Benefit means the accrued benefit under the Pension Plan of each Continuing Employee (and any alternate payee of a Continuing Employee), each deferred vested employee of NCNG (and any alternate payee or surviving spouse of such employee) and each Retired Employee (and such individual's surviving spouse, beneficiary or alternate payee), such amount to be computed as of the Closing Date.