Examples of Plan Year in a sentence
If death occurs in the middle of a Plan Year, the annual benefit amount shall be increased by a pro-rated amount relative to the Executive’s service during such partial Plan Year.
The Employer may make discretionary credits to the Deferred Compensation Account of each Active Participant in an amount determined each Plan Year by the Employer.
This amount will be added to the Annual Benefit amount at the end of the preceding Plan Year on Schedule A.
The Plan Administrator shall provide to the Executive, within one hundred twenty (120) days after the end of each Plan Year, a statement setting forth the benefits to be distributed under this Agreement.
Plan Year deductible UPMC MyCare Advantage Benefit Level 1 Provider: $800 Individual/ $1,600 Family Other Participating Providers Benefit Level 2 Provider: $1,600 Individual/ $3,200 Family Non-Participating Provider: $3,200 Individual/ $6,400 Family Generally, you must pay all of the costs from providers up to the deductible amount before this plan begins to pay.