Examples of Retirement plan benefits in a sentence
Executive Retirement Plan Benefits Barrick adopted the Executive Retirement Plan in 2000.
Accrued Supplement Retirement Plan Benefits shall become payable at the date for commencement of payment of a Supplemental Retirement Plan Benefit pursuant to the terms of paragraph 4.2 above.
Notwithstanding the foregoing, Participants receiving Required Distributions from the Retirement Plan will receive their Pre-409A Benefits at the same time their Retirement Plan Benefits commence.
If prior to the earliest of the Eligible Employee's Termination of Employment, death or Disability the Eligible Employee received a distribution of any benefits that, but for the distribution, would have been included in the Eligible Employee's Basic Retirement Plan Benefits, such Basic Retirement Plan Benefits shall be increased by the amount of such distribution, plus interest thereon at a rate to be determined by the Committee.
The amount of Retirement Plan Benefits actually payable to such Participant, surviving spouse or other beneficiary for each month under the Retirement Plan, as computed under the provisions of the Retirement Plan and subject to the above mentioned limitations.
Such Distribution Election Form shall provide the Participant, as of the date of the election, with the choice of a lump sum distribution or various forms of annuities with respect to the Supplemental Retirement Plan Benefits.
The Company shall pay each Part A Participant the vested Excess Retirement Benefit attributable to a Part A Participant’s annual eligible compensation under the Retirement Plan that is in excess of the limitations on such Part A Participant’s Retirement Plan Benefits contained in Code Sections 401(a)(17) and 415(b).
The benefit determined under Section 4.3 (relating to Supplemental Retirement Plan Benefits) shall be paid in a life annuity unless the participant elects a lump sum payment under Section 6.3. 6.3. ELECTIONS BY PARTICIPANTS.
An election to receive a lump sum payment of the benefit payable under Section 4.3 (relating to Supplemental Retirement Plan Benefits) or to defer distributions of the Supplemental Employee Contribution and Supplemental Company Contribution Accounts may be made by a participant in writing prior to the beginning of the one year period that ends on the date on which the participant dies, becomes disabled, or otherwise separates from service.
Further, the amount described in Section 3.2(b) shall be calculated as if the Participant's Qualified Retirement Plan Benefits are commencing on the Participant's Benefit Commencement Date even if the Participant has not elected to commence his Qualified Retirement Plan Benefits on that date.