Retirement plan benefits definition

Retirement plan benefits means employee retirement plan benefits, except pick-up contributions for which a subtraction is allowed under paragraph E, reported as pension or annuity income for federal income tax purposes and individual retirement account benefits reported as individual retirement account distributions for federal income tax purposes. "Retirement plan benefits" does not include distributions that are subject to the tax imposed by the Code, Section 72(t);[PL 2017, c. 170, Pt. H, §2 (AMD).]
Retirement plan benefits means the aggregate monthly benefits payable under the terms of the Retirement Plan.
Retirement plan benefits means em- ployee retirement plan benefits, except pick- up contributions for which a subtraction is al- lowed under paragraph E, reported as pension or annuity income for federal income tax pur- poses and individual retirement account bene- fits reported as individual retirement account distributions for federal income tax purposes. "Retirement plan benefits" does not include distributions that are subject to the tax im- posed by the Code, Section 72(t);

Examples of Retirement plan benefits in a sentence

  • Retirement plan benefits are primarily based on the employee's compensation during the last three to five years before retirement and the number of years of service.

  • Retirement plan benefits are 100% vested upon the completion of 5 years of service or after attaining age 55.

  • Retirement plan benefits are primarily based on the employee’s compensation during the last three to five years before retirement and the number of years of service.

  • Retirement plan benefits are primarily based on the employee’s compensation during the last several years before retirement and the employee’s number of years of service for the Company.

  • Retirement plan benefits for employees hired by LADWP on or before December 31, 2013, shall be consistent with the Retirement Plan for Tier 1 members.

  • Retirement plan benefits for employees hired by LADWP on or after January 1, 2014, shall be consistent with the Water and Power Employees' Retirement, Disability, and Death Benefit Insurance Plan forTjer 2 members.

  • Retirement plan benefits for employees hired by LADWP on or after January 1, 2014, who did not have funds on deposit prior to January 1, 2014, shall be consistent with the Retirement Plan for Tier 2 members.

  • Eligibility Retirement plan benefits and eligibility requirements for participation shall be defined by the Employer’s plan.

  • Retirement plan benefits are available to the employee's beneficiary in the event the employee dies before retirement.

  • Retirement plan benefits for employees hired by LADWP on or before December 31 2013 shall be consistent with the Water and Power Employees' Retirement, Disability and Death Benefit Insurance Plan for Tier 1 members.


More Definitions of Retirement plan benefits

Retirement plan benefits means employee retirement plan benefits, ex- cept pick-up contributions for which a subtraction is allowed under paragraph E, reported as pension or annuity income for federal income tax purposes and indi- vidual retirement account benefits re- ported as individual retirement account distributions for federal income tax pur- poses. "Retirement plan benefits" does not include distributions that are subject to the tax imposed by the Code, Section 72(t);
Retirement plan benefits mean the benefits provided upon Retirement pursuant to the 2006 Equity Plan Terms and Conditions.
Retirement plan benefits means employee retirement plan benefits, except
Retirement plan benefits means employee retirement plan benefits, except pick-up contributions for which a subtraction is allowed under paragraph E, reported as pension or annuity income for federal income tax purposes and individual retirement account benefits reported as individual retirement account distributions for federal income tax purposes.
Retirement plan benefits means the amount of benefit provided to the Participant in the form of an annuity that is the Actuarial Equivalent from any defined benefit retirement plan maintained by or contributed to by the Company; provided, however, that in the event that a Supplemental Benefit is to be paid prior to Normal Retirement the amount of “Retirement Plan Benefits” shall be an early benefit that is Actuarially Equivalent to the Normal Retirement benefit.

Related to Retirement plan benefits

  • 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;

  • 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.

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

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive’s employment for reasonable and necessary expenses incurred by the Executive on behalf of the Employer for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any cash bonus or cash incentive compensation plan applicable to the Executive, but subject to any irrevocable deferral election then in effect, a lump sum amount, in cash, equal to the sum of (A) any cash bonus or cash incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(e) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive’s death, the Executive’s surviving spouse or other beneficiary) may be entitled on the Termination Date as compensatory fringe benefits or under the terms of any benefit plan of the Employer, excluding severance payments under any Employer severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company’s prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits; provided that payments pursuant to clause (iv)(B) shall be paid on the first day of the seventh month following the month in which the Executive’s Separation from Service occurs to the extent necessary for compliance with the requirements of Code Section 409A(a)(2)(B) relating to specified employees or, to the extent not so required, within ninety (90) days of the Executive’s Separation from Service.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Health benefits plan means a benefits plan which pays or