Plan Anniversary definition

Plan Anniversary means the same day and month as the Policy Effective Date in each succeeding year after the Policy Effective Date while this Plan remains in force. If the Policy Effective Date is 29 February of a leap year, then the Plan Anniversary will be 28 February in succeeding non-leap years.
Plan Anniversary means each 12 month anniversary from the date your plan originally started. This will be the same as the 12 month anniversary of your policy unless you have added a new policy to an existing plan. You can check this on your Plan Schedule.
Plan Anniversary means the anniversary of the Commencement Date.

Examples of Plan Anniversary in a sentence

  • Within sixty (60) days following the end of each Plan Anniversary Date following the Director's Termination of Service after his Normal Retirement Date and continuing up until the Director's death, the Company shall pay a Secondary Normal Retirement Benefit to the Director.

  • The Secondary Normal Retirement Benefit shall be paid in a lump sum in an amount equal to the hypothetical growth, if any, of the Director's Retirement Account from the immediately preceding Plan Anniversary Date, determined pursuant to the method set forth in Sections 2.1 and 2.2 hereof.

  • Commencing on the first day of the month following the Director's Termination of Service after his Normal Retirement Date, the Company shall pay a Primary Normal Retirement Benefit to the Director which is equal to the Director's Retirement Account balance as of the Plan Anniversary Date immediately preceding the Director's Termination of Service (without adjustment for interest or earnings during the payment period).

  • Upon the Director's death prior to termination of this Agreement, the Company shall pay to the Director's beneficiary a benefit equal to the Retirement Account balance as of the Plan Anniversary immediately preceding the Director's death.

  • The Company shall provide to the Director, within 60 days after each Plan Anniversary, a statement setting forth the Retirement Account balance.


More Definitions of Plan Anniversary

Plan Anniversary means the same day and month as the Policy Effective Date in each succeeding year after the Policy Effective Date while this Plan remains in force. If the Policy Effective Date is 29 February of a leap year, then the Plan Anniversary will be 28 February in succeeding non-leap years. “Plan Monthiversary” shall mean the same day as the Policy Effective Date in each succeeding month after the Policy Effective Date while this Plan remains in force. If the day does not exist in the respective month, this shall refer to the last day of that month. “Plan Terms and Conditions” shall mean Part 1 to Part 8 of this Plan and shall include Policy Schedule, Definitions of Major Critical Illnesses and Surgical Procedures and any Supplement(s). “Policy Effective Date” shall mean the date when these Plan Terms and Conditions first become effective as specified in the Policy Schedule. “Policy Issuance Date” shall mean the date of first issuance of these Plan Terms and Conditions as specified in the Policy Schedule. “Policy Schedule” shall mean the document entitled "Policy Schedule" which contains, among other things, the information you provided to us. “Portfolio” shall mean all policies of the same Plan Terms and Conditions and Benefit Summary. “Pre-existing Condition(s)” shall mean, in respect of the Insured Person, any sickness, disease, injury, physical, mental or medical condition or physiological degradation, including a congenital condition, that has existed prior to the Policy Issuance Date or the Policy Effective Date, whichever is earlier. A condition is taken to have existed where:
Plan Anniversary means the first day of each Plan Year that begins after the Plan Effective Date. The Plan Anniversary shall be specified in Item 17 or 18 of the Adoption Agreement.
Plan Anniversary means an April 1. Whenever used in the Plan, the feminine pronoun shall include the masculine and feminine gender, unless the context indicates otherwise.
Plan Anniversary means the effective date, and subsequently, the first day of the second and each succeeding Plan Year.
Plan Anniversary means the same day and month in each year as the Plan Commencement Date. Plan Commencement Date means the commencement date of the Plan as shown in the Plan Schedule. Plan-Fund means all Account Units and other benefits of this Plan held by Metis on trust pursuant to this Agreement. Plan Maturity Date means the date stated in the Plan Schedule as the Plan Maturity Date being the date the Contribution Payment Term ends and no Exit Charge for taking Encashment or Withdrawal from the Plan will apply. Plan Month means a month starting from the same day in each month as the Plan Commencement Date.
Plan Anniversary means the first day of any Plan Year.
Plan Anniversary means the first day of each Plan Year that begins after the Plan Effective Date. The Plan Anniversary shall be specified in Item