Qualified Pension Plan definition

Qualified Pension Plan means a pension plan comprising a definite written program communicated to and for the exclusive benefit of employees that meets the criteria deemed essential by the Internal Revenue Service as set forth in the Internal Revenue Code for preferential tax treatment regarding contributions, investments, and distributions. Any other plan is a nonqualified pension plan.
Qualified Pension Plan means each pension plan adopted by CBI Holdings Inc., as such plan may be in effect from time to time, in which Executive is eligible to participate and which is intended to be qualified under Section 401(a) of the Code.
Qualified Pension Plan means the tax-qualified Sonoco Pension Plan, as amended from time to time.

Examples of Qualified Pension Plan in a sentence

  • Constitutional protection applies only to the basic pension benefits provided through each pension system’s Qualified Pension Plan (“QPP”) and does not extend to the Variable Supplements Funds (“VSFs”) or Tax-Deferred Annuity Programs (“TDA Programs”) that are also administered by some of the pension systems, as discussed below.

  • Actuarial adjustments shall be based on the factors set forth in the Qualified Pension Plan.

  • Benefits shall be paid in the same form at the same times and for the same period as benefits are paid with respect to the Participant under the applicable Qualified Pension Plan, except as provided in the following paragraphs.

  • If the benefits payable under this Plan correspond to Qualified Pension Plan benefits with multiple commencement dates, each portion of the benefits payable under this Plan shall be paid at the same time as the corresponding portion of the benefits is paid from the Qualified Pension Plan.

  • This election must be made within the time period for electing the form of benefit under the corresponding Qualified Pension Plan, by filing a written election in the form and manner prescribed by the Company.


More Definitions of Qualified Pension Plan

Qualified Pension Plan means a pension plan created in trust under Section 401 of the Internal Revenue Code, 26 USC 401.
Qualified Pension Plan means a pension plan comprising a definite written program communicated to and for the exclusive benefit of employees which meets the criteria deemed essen- tial by the Internal Revenue Service as set forth in the Internal Revenue Code for preferential tax treatment regard- ing contributions, investments, and distributions. Any other plan is a Non- qualified Pension Plan.(b) The following modifications of terms defined elsewhere in this chapter99 are applicable to this Standard: None.[57 FR 14153, Apr. 17, 1992, as amended at 60FR 16540, Mar. 30, 1995; 76 FR 81309, Dec. 27,2011] 9904.412–40 Fundamental require- ment.
Qualified Pension Plan means the Delta Family-Care Retirement Plan (or any successor qualified defined benefit retirement plan adopted by the Company).
Qualified Pension Plan means the Sprint Retirement Pension Plan.
Qualified Pension Plan means the plan qualified under Section 401(a) of the Internal Revenue Code which was originally known as the Pall Corporation Retirement Plan, subsequently known as the Pall Corporation Pension Plan and, effective November 1, 1999, became known as the Pall Corporation Cash Balance Pension Plan.
Qualified Pension Plan means the Embarq Retirement Pension Plan.
Qualified Pension Plan means the Pacific Telesis Group Pension Plan for Salaried Employees.