Retiree Welfare Benefits definition

Retiree Welfare Benefits means retiree benefits pursuant to any of the Specified Welfare Benefits.
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Retiree Welfare Benefits shall have the meaning set forth in Section 7.1(e)(v) (Employee Matters).
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Retiree Welfare Benefits has the meaning set forth in Section 3.12(e).
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Examples of Retiree Welfare Benefits in a sentence

  • Following the applicable Relevant Time, RRD shall retain and be solely responsible for the management and administration of and satisfaction of all retiree medical, prescription drug and retiree life insurance obligations under the X.X. Xxxxxxxxx & Sons Company Retiree Welfare Benefits Plan and its associated trust (the “RRD Retiree Medical Plan”) and shall retain all Liabilities and Assets thereof.

  • Notwithstanding the foregoing, Parent may change the benefits provided to Retiree Welfare Participants during the Protection Period, as long as the replacement benefits for each Retiree Welfare Participant has an actuarial value that is no less than the actuarial value of the Seller Retiree Welfare Benefits for such Retiree Welfare Participant and there is no reduction in the employer contribution to such benefits.

  • The Metropolitan Transportation Authority (“MTA”) Retiree Welfare Benefits Plan (“Other Postemployment Benefits Plan” or “OPEB Plan” or the (“Plan”) and the related Trust Fund was established effective January 1, 2009 for the exclusive benefit of The MTA Group’s retired employees and their eligible spouses and dependents, to fund some of the OPEB benefits provided in accordance with the MTA’s Group’s various collective bargaining agreements and MTA policies.

  • See Motion For Order Under 11 U.S.C. § 1113(c) Authorizing Rejection Of Collective Bargaining Agreements And Under 11 U.S.C. § 1114(g) Authorizing Modification Of Retiree Welfare Benefits (Docket No. 3035) (the “1113/1114 Motion”) and Motion For Order Under 11 U.S.C. § 365 And Fed.

  • The Rule of 70 is a special eligibility rule for retiree health care coverage (including medical, dental, and prescription drug benefits) under the Procter & Xxxxxx Retiree Welfare Benefits Plan that only applies in specific circumstances.

  • The term “Plan” shall mean the JBT Corporation Retiree Welfare Benefits Plan, as amended and restated, effective January 1, 2016, and as may be further amended from time to time.

  • The Rule of 70 will apply to you with respect to health care coverage under the Procter & Xxxxxx Retiree Welfare Benefits Plan as long as that Plan continues to exist and as long as the Rule of 70 continues as an eligibility rule for coverage under that Plan.

  • Special Retirement (“Rule of 70”) (use this paragraph only if the Company has decided to give access to special retirement upon separation) P&G will agree to allow the “Rule of 70” to apply to you, but only for purposes of eligibility for retiree health care benefits under the Procter & Xxxxxx Retiree Welfare Benefits Plan.

  • Any of the preceding events occurs with respect to any guarantor of this Agreement.

  • As of the date hereof, Transferor maintains one or more Plans that are "employee welfare benefit plan" (within the meaning of section 3(1) of ERISA) and that provide post-retirement health benefits to Business Employees and former employees of the Business ("Transferor Retiree Welfare Benefits").


More Definitions of Retiree Welfare Benefits

Retiree Welfare Benefits for any reason, except as may be required by COBRA or other applicable Law, and neither MLB nor any MLB ERISA Affiliate has any liability (or made any representations to any MLB Employee) to provide post-termination or Retiree Welfare Benefits to any MLB Employee or other Person, except to the extent required by COBRA or other applicable Law.
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Retiree Welfare Benefits shall have the meaning set forth in ------------------------ Section
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Related to Retiree Welfare Benefits

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

  • 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.

  • 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.

  • Retiree means any person who has begun accruing a retirement

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

  • 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.

  • 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.

  • 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.

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

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

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

  • 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.

  • 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;

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

  • Health benefits plan means a benefits plan which pays or

  • Health and Welfare Plans means any plan, fund or program which was established or is maintained for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, medical (including PPO, EPO and HDHP coverages), dental, prescription, vision, short-term disability, long-term disability, life and AD&D, employee assistance, group legal services, wellness, cafeteria (including premium payment, health flexible spending account and dependent care flexible spending account components), travel reimbursement, transportation, or other benefits in the event of sickness, accident, disability, death or unemployment, or vacation benefits, apprenticeship or other training programs or day care centers, scholarship funds, or prepaid legal services, including any such plan, fund or program as defined in Section 3(1) of ERISA.

  • 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.

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

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

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

  • Fringe benefits means the amount of:

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