Retirement benefit plan definition

Retirement benefit plan means an arrangement whereby an entity provides benefits to individuals either on or after their termination of service because of retirement or disability. "Retirement benefit plan" does not include wage continuation payments, severance payments, or payments made for accrued personal or vacation time.
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Retirement benefit plan means (a) any qualified or non-qualified retirement, savings or deferred compensation plan, program or arrangement currently made available by the Employer for its executives, and (b) any such additional or substitute plan, program or arrangement that the Employer may make available in the future and during the term of the Plan for its executives, in each case that is a "pension plan" (as such term is defined in ERISA Section 3(2)).
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Retirement benefit plan means an arrangement
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Examples of Retirement benefit plan in a sentence

  • Retirement benefit plan The cost of the defined benefit pension plan and the present value of the pension obligation are determined using an actuarial valuation.

  • Retirement benefit plan costs 20102009€000€000Defined benefit plans34.82640.028Defined contribution plans3.5052.920 38.33142.948 The Group operates retirement benefit plans as outlined below.

  • Retirement benefit plan costsTotal emoluments of key management personnel Total Mr. Michalis Kleopas, who is a member and the secretary of the Bank’s Board of Directors, is a partner in the Law Office Kleopas & Kleopas, who are the external legal advisors of the Bank, handling court cases and legal proceedings on behalf of the Bank.

  • Employee benefit obligations Retirement benefit plan – employees transferred from HRMThe Commission is responsible for funding the employer share of the con- tributions to the HRM pension plan for certain employees that transferred from HRM as of August 1, 2007.

  • Retirement benefit plan activity for Retained earnings in 2009 includes $3,391 related to the adoption of new accounting rules for split dollar insurance arrangements and $2,106 related to the adoption of the measurement date provision of pension accounting rules.

  • FRS 26 Accounting and Reporting by Retirement Benefit PlansD20 Paragraphs 32 and 33 are amended as follows: 32 Retirement benefit plan investments shall be carried at fair value determined in accordance with [draft] FRS X Fair Value Measurement, except as specified in paragraph 33.

  • Employee benefit obligations Retirement benefit plan – employees transferred from HRMThe Commission is responsible for funding the employer share of the contributions to the HRM pension plan for certain employees that transferred from HRM asof August 1, 2007.

  • Provide, in Regulatory determination, regulatory template 2.14, the labour and material price changes assumed by ElectraNet in estimating ElectraNet’s forecast capex proposal and the forecast opex proposal.

  • Retirement benefit plan A subsidiary of the Corporation participates in a defined contribution retirement benefit plan for all qualifying employees within that subsidiary.

  • Retirement benefit plan financial statements and records are very different from those of public companies.


More Definitions of Retirement benefit plan

Retirement benefit plan means an arrangement for the provision of “relevant benefits” as defined in Section 612 of the Income and Corporation Taxes Act 1988 immediately prior to its repeal.
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Retirement benefit plan means any arrangement or scheme, including pen- sion, that –
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Retirement benefit plan means any plan, scheme or arrangement, whether or not funded, for the provision of Retirement Benefits;
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Retirement benefit plan means any arrangement or scheme that –
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Retirement benefit plan means any qualified or non-qualified retirement, savings or deferred compensation plan, program or arrangement made available by the Employer, from time to time, for its executives, in each case that is a “pension plan” (as such term is defined in ERISA Section 3(2)).
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Related to Retirement benefit plan

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

  • 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.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

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

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

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Seller Benefit Plan means each Benefit Plan sponsored, maintained or contributed to by Seller or any of its Subsidiaries or with respect to which Seller or any of its Subsidiaries is a party and in which any Employee is or becomes eligible to participate or derive a benefit.