Retiree Welfare Benefit definition

Retiree Welfare Benefit means any post-retirement health and welfare benefits, including post-retirement medical plans (but excluding, for the avoidance of doubt, any benefits provided upon a termination of employment pursuant to a severance plan or agreement).
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Retiree Welfare Benefit has the meaning given such term in Section 7.5.
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Examples of Retiree Welfare Benefit in a sentence

  • Eligible Dependents are defined in the Administrative Wrapper for the Hanford Retiree Welfare Benefit Plans.

  • Who can participate in the Plan?Retired employees of a Sponsor are eligible to participate in the Plan if they meet all requirements to be an Eligible Retiree as defined in the Administrative Wrapper for the Hanford Retiree Welfare Benefit Plans.

  • The name of the Plan is the Retiree Welfare Benefit Plan of WoodmenLife.

  • In addition, Retiree representatives will maintain certain monitoring rights with respect to the Retiree Trust and 2007 Retiree Welfare Benefit Plan.

  • Blended Component Units  University of New Mexico Retiree Welfare Benefit TrustThe University of New Mexico Retiree Welfare Benefit Trust is a voluntary employees’ beneficiary association (VEBA) trust that is tax-exempt under Section 501(c)(9) of the IRC and is presented as a fiduciary fund in the financial statements.

  • The State Retiree Welfare Benefit Trust (SRWBT), a cost- sharing multiple employer, defined benefit OPEB plan, is administered by the Missouri Consolidated Health Care Plan (MCHCP).

  • For the avoidance of doubt, Buyer shall be responsible for all Retiree Welfare Benefit coverage for all Post-Closing Employees that are not eligible for retirement, pursuant to Company Plans, as of the Closing Date under the plan established by the Company or Buyer after the Closing Date.

  • Response: The Retiree Welfare Benefit Trust Document – Section 8.1 – Amendment states: Any or all of the provisions of this Agreement may be amended at any time and from time to time, in whole or in part, by an instrument in writing signed by the President of UNM and the Trustee.

  • COMPONENTS OF NET PERIODIC BENEFIT COST AND OTHER AMOUNTS RECOGNIZED IN OTHER REVENUES, GAINS, AND LOSSESDefined Benefit Pension Plan Retiree Welfare Benefit PlanTable 19 below summarizes the components of net periodic benefit cost recognized in net results and other amounts recognized in other revenues, gains, and losses in net assets without donor restrictions for the years ended June 30, 2022, and 2021.

  • Except as otherwise provided in this Section 9.10, the procedures set forth in Section 9.5 shall otherwise apply to the defense of any Retiree Welfare Benefit Modifications Claim.

Related to Retiree Welfare Benefit

  • Retiree Welfare Plan means, at any time, a Welfare Plan that provides for continuing coverage or benefits for any participant or any beneficiary of a participant after such participant's termination of employment, other than continuation coverage provided pursuant to Section 4980B of the IRC and at the sole expense of the participant or the beneficiary of the participant.

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 3(1).

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • Health and Welfare Benefits means any form of insurance or similar benefit programs, which may include but not be limited to, medical, hospitalization, surgical, prescription drug, dental, optical, psychiatric, life, or long-term disability.

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

  • Retiree means any person who has begun accruing a retirement

  • Welfare means that language referring to effects on welfare includes, but is not limited to, effects on soils, water, crops, vegetation, man-made materials, animals, wildlife, weather, visibility and climate, damage to and deterioration of property, and hazards to transportation, as well as effects on economic values and on personal comfort and well-being.

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • 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.

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Cafeteria plan means a written plan under which all participants are employees, and the participants may choose among two or more benefits consisting of cash and qualified benefits.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Employee Pension Benefit Plan has the meaning set forth in ERISA Section 3(2).

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

  • Medicare benefit means the Medicare benefit payable within the meaning of Part II of the Health Insurance Act 1973 with respect to a professional service.

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).