Pension Plan of Arch Chemicals definition

Pension Plan of Arch Chemicals means The Pension Plan of Arch Chemicals as in effect on the effective date of this Plan and thereafter, provided that no amendment to the Pension Plan of Arch Chemicals shall be given effect for purposes of this Plan to the extent such amendment may or will result in a direct or indirect change to the time or form of any payment hereunder, except as permitted under Code §409A and related regulations.
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Pension Plan of Arch Chemicals means The Pension Plan of Arch Chemicals as in effect on January 1, 2009, and thereafter, provided that no amendment to the Pension Plan of Arch Chemicals shall be given effect for purposes of this Plan to the extent such amendment may
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Examples of Pension Plan of Arch Chemicals in a sentence

  • In the event that a Participant becomes Disabled, the Participant shall be credited with service and compensation under this Plan for the period of Disability in the same manner as service and compensation is credited for a Disabled non-collectively bargained employee who participates in The Pension Plan of Arch Chemicals until such time as the Participant has a Separation from Service or is no longer Disabled and returns to work.

  • All other actuarial determinations under the Plan shall be made using the actuarial equivalent factors and other assumptions specified in The Pension Plan of Arch Chemicals.

  • These limitations are collectively referred to herein as “Benefit Limitations.” This Plan is intended to provide Participants affected by Benefit Limitations (and their beneficiaries) with benefits equal to the difference in value between what such Participants’ benefits under The Pension Plan of Arch Chemicals would be absent the Benefit Limitations, and what their benefits are taking into account the Benefit Limitations.

  • In the case of a Deferred Vested Participant, benefits paid from this Plan will be calculated assuming that the Participant will not commence benefits under The Pension Plan of Arch Chemicals until he or she attains age sixty-five (65), even though the Participant may actually commence benefits under The Pension Plan of Arch Chemicals prior to that date.

  • For purposes of determining a Participant’s “Average Compensation,” “Years of Benefit Service,” “Retirement Allowance” and “Primary Social Security Benefit” under this Plan, except as otherwise provided in this paragraph (b), such terms shall be as defined in The Pension Plan of Arch Chemicals and take into account compensation and service (including periods of Disability, but only to the extent provided in (d), below) credited to such Participant while employed by Arch and its affiliates.

  • Except as provided in Section 4.1(e), above, all actuarial determinations under the Plan shall be made using the actuarial equivalent factors and other assumptions specified in The Pension Plan of Arch Chemicals.

  • Any benefits payable under this Plan with respect to a Participant who terminates service prior to reaching age 55, and who is not eligible for any imputed service under the lay-off provisions of Section 3.2(b), will be calculated assuming that the Participant did not commence benefits under The Pension Plan of Arch Chemicals until reaching age 65, even though his actual commencement date under The Pension Plan of Arch Chemicals may have been earlier.

  • If a Participant’s Formula A Retirement Benefit become payable upon the Participant’s Deferred Vested Retirement Date, it shall be adjusted using the actuarial reductions that would be applicable to deferred vested benefits under The Pension Plan of Arch Chemicals as of the Participant’s Benefit Commencement Date under this Plan.

  • If a Married Participant dies prior to Retirement under circumstances in which a pre-retirement survivor annuity is payable under The Pension Plan of Arch Chemicals, then a supplemental surviving Spouse benefit shall be payable under this Plan, commencing as of the earliest date upon which the Participant could have commenced benefits hereunder had he or she survived to such date, and then died the next day.

  • All actuarial determinations under the Plan shall be made using the actuarial equivalent factors and other assumptions specified in The Pension Plan of Arch Chemicals.

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