Preretirement Death Benefit definition

Preretirement Death Benefit means the benefit described in Section 4.07.
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Preretirement Death Benefit means an amount, payable to Executive's surviving Spouse pursuant to Section 8 in the event of Executive's death before his Retirement while employed by the Company.
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Preretirement Death Benefit means the benefit provided for in Section 6.04.
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Examples of Preretirement Death Benefit in a sentence

  • The Company shall not pay any Preretirement Death Benefit under this Section 3.1 if the Executive has received any lifetime benefit payment provided under Article 2.

  • The benefit under this Section 2.5 is the Pre-retirement Death Benefit amount set forth on Schedule A for the Plan Year ended immediately prior to the date on which the Separation from Service due to death occurs.

  • BACTS must update the TIP when there is a change to any project such as fundingincrease or a request to add a project to the TIP.

  • The benefit under this Section 3.1 is the Pre-retirement Death Benefit set forth on Schedule A for the Plan Year ending immediately prior to the date on which the death occurs.

  • If the Executive dies while in the active service of the Company, the Company shall pay to the Executive's Beneficiary the "Preretirement Death Benefit" described in this Section 3.1 in lieu of any other benefit under this Agreement.

  • The Preretirement Death Benefit shall be determined by assuming the Participant did not elect any optional form of payment under the A&B Retirement Plan.

  • The annual benefit under this Section 3.1 is the Pre-retirement Death Benefit annual Installment set forth on Schedule A for the Plan Year ending immediately prior to the date in which death occurs, determined by vesting the Director in 100 percent of the Accrual Balance.

  • The Preretirement Death Benefit amount expressed in the table above is the Account Balance payable at the time of the Executive’s death for each corresponding year.

  • In the event that a Participant dies ----------- prior to retirement, or prior to termination of employment, such Participant's Beneficiary shall be entitled to a Preretirement Death Benefit determined as provided in this Section in lieu of any other benefit provided by this Plan.

  • The Union and the State agree that the Alternative Preretirement Death Benefit as set out in Government Code sections 21547, 21574.5 and 22760 shall remain in effect for Xxxx 0 employees.


More Definitions of Preretirement Death Benefit

Preretirement Death Benefit means the benefit payable under Section 2.3.
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Related to Preretirement Death Benefit

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Qualified Preretirement Survivor Annuity means an annuity which is payable for the life of the Participant's surviving spouse.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Accrued Benefit have the meanings specified in ERISA.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Termination Benefit means the benefit set forth in Article 7.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Disability Benefit means the benefit set forth in Article 8.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • SERP Benefit means the benefit described in Section 5.1.

  • Annuity Benefit means a benefit payable by us as described in Part VII.

  • retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;

  • Actuarial equivalent means a benefit of equal value when

  • life annuity means “life annuity contract” as defined in Pension Legislation that conforms with the Act and Pension Legislation;

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Disability retirement for plan 1 members, means the period

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • war disablement pension means any retired pay or pension or allowance payable in respect of disablement under an instrument specified in section 639(2) of the Income Tax (Earnings and Pensions) Act 2003;

  • Change in Control Benefit means the benefit set forth in Section 4.1 below.