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.
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.
The State Employee and Retiree Welfare Benefits Program is administered by the Department.
The above schedule represents a reasonable medical trend projection for the current plan provisions and demographics of the Company Retiree Welfare Benefits Plan, and no changes to these baseline assumptions are necessary.
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").
The Rule of 70 is a special eligibility rule for retiree health care coverage (including medical, dental, and prescription drug benefits) under the Procter & Gamble 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.
It is the prescription plan offered by the State to all active employees, Satellite Account employees, State retirees, Direct Pay Enrollees, and their Dependents (see 1.2) through the State Employee and Retiree Welfare Benefits Program.
If you are Regular Retiree or Special Retiree, after the 12-month extension of benefits period, your spouse/domestic partner is eligible to enroll in the National Surviving Spouse Program for medical and dental coverage under The Procter & Xxxxxx Retiree Welfare Benefits Plan.
Regular Retirees are eligible to enroll in retiree medical and dental coverage under The Procter & Xxxxxx Retiree Welfare Benefits Plan (“Retiree Plan”), subject to the terms and conditions of the Retiree Plan, including any amendments to the Retiree Plan.