Pension plan participant definition

Pension plan participant means any employee or former employee of an employer, or any member or former member of an employee organization, who is or may become eligible to receive a benefit from a pension plan which covers employees of such employer or members of such organization who have satisfied the plan's participation requirements, or whose beneficiaries are receiving or may be eligible to receive any such benefit. A participant whose employment status with the employer has not been terminated is an active participant of the employer's pension plan.
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Pension plan participant means any employee or former employee of an employer, or any member or former member of an employee organization, CASB, OFPP, OMB 9904.413–40 who is or may become eligible to re- ceive a benefit from a pension plan which covers employees of such em- ployer or members of such organization who have satisfied the plan’s participa- tion requirements, or whose bene- ficiaries are receiving or may be eligi- ble to receive any such benefit. A par- ticipant whose employment status with the employer has not been termi- nated is an active participant of the employer’s pension plan.
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Pension plan participant. ’ means any employee or former
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Examples of Pension plan participant in a sentence

  • Pension plan participant means any employee or former employee of an employer or any member or former member of an employee organization, who is or may become eligible to receive a benefit from a pension plan which covers employees of such employer or members of such organization who have satisfied the plan’s participation requirements, or whose beneficiaries are receiving or may be eligible to receive any such benefit.

  • Certain Operating Companies’ Retail Regulators have expressed a desire that the Operating Companies retain ultimate decisional authority over what upgrades are built, while the Operating Companies’ retention of that authority has been an area of criticism by some stakeholders.

  • Effective FY20, the maximum annual salary limit per Pension plan participant is projected to increase from $42,000 to $50,000 for regular employees.

  • In this section the high level system model is presented (Figure 4), together with an excerpt of the class diagram that has been used to define the structure of ODNM software (Figure 5).


More Definitions of Pension plan participant

Pension plan participant means an Associate or former Associate who is treated as a participant under the Pension Plan.
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Related to Pension plan participant

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Eligible employer means an employer that:

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Current Participant means a person who participated in the Plans during the Class Period and had an Active Account.

  • Covered Employer means the City of Cambridge or a Beneficiary of Assistance.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Administrative employee means an employee who normally supervises persons engaged in office administration, construction, security or maintenance work who are represented by another trade union. This definition includes employees who share a community of interest with “supervisors”.

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.