Retirement Security Plan definition

Retirement Security Plan or “RS Plan” means the RS Plan or other qualified defined benefit pension plan adopted by the Cooperative that sponsors this EBR.
Sample 1
Retirement Security Plan means the Montgomery Ward & Co., Incorporated Retirement Security Plan, effective January 1, 1998, and as amended from time to time.
Sample 1

Examples of Retirement Security Plan in a sentence

  • Sybron shall conduct applicable nondiscrimination tests for benefits accrued under the Sybron Retirement Security Plan for the plan year of such Plan in which the date established pursuant to Section 5.1(a) occurs.

  • As of the date of its establishment, the SDS Retirement Security Plan shall be identical or at least substantially similar, in all material respects, to the Sybron Retirement Security Plan.

  • To the extent that Sybron concludes that adjustments must be made to an Active Dental Business Employee's accrued benefit in the Sybron Retirement Security Plan to facilitate compliance with such tests after such accrued benefit has been transferred to the SDS Retirement Security Plan, SDS agrees that it shall cause the SDS Retirement Security Plan to make such adjustments as Sybron, in its sole discretion, directs.

  • As of the date of the establishment of the SDS Retirement Security Plan, the trustee of the trust which relates to such Plan shall be the same as the trustee of the trust which relates to the Sybron Retirement Security Plan.

  • Using Pension Benefit Guaranty Corporation (PBGC) plan termination assumptions (which will satisfy both section 414(l) of the Code and the PBGC), the Sybron Retirement Security Plan will be underfunded as of the Effective Date.

  • The transfer of the assets described in Section 5.1(b)(ii) shall be made, in kind, from the trust which relates to the Sybron Retirement Security Plan to the trust which relates to the SDS Retirement Security Plan.

  • In the event the assets transferred from the trust related to the Sybron Retirement Security Plan to the trust related to the SDS Retirement Security Plan are greater than the related benefit liabilities, the amount of the excess shall be deducted from the Assumed Liability (as so defined) of SDS.

  • Thereafter, however, and in accordance with Section 3.1, SDS in its sole discretion may appoint a successor trustee of the trust which relates to the SDS Retirement Security Plan.

  • Sybron and SDS shall cooperate with one another and with the respective trustees of the trusts which relate to the Sybron Retirement Security Plan and the SDS Retirement Security Plan in facilitating such transfer of SDS's or the Dental Business Subsidiaries' final contributions to the Sybron Retirement Security Plan.

  • A description of these Hoosier retirement plans and the amounts directly attributable to Merom Station are as follows:Multiemployer Plan—The National Rural Electric Cooperative Association (“NRECA”) Retirement Security Plan (“RS Plan”) is a defined benefit pension plan qualified under Section 401 and tax-exempt under Section 501(a) of the Internal Revenue Code.

Related to Retirement Security Plan

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • 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.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • 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 fund means the "Washington law enforcement

  • 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.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Eligible Retirement Plan means an individual retirement account described in Section 408(a) of the Code, an individual retirement annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in Section 401(a) of the Code, that accepts the Distributee's Eligible Rollover Distribution. However, in the case of an Eligible Rollover Distribution to the surviving Spouse, an Eligible Retirement Plan is an individual retirement account or individual retirement annuity.

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

  • Canadian Benefit Plan means any plan, fund, program or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Loan Party has any liability with respect to any of its employees or former employees employed in Canada, and includes any Canadian Pension Plan.

  • Retirement system means a retirement plan or system that is established by or pursuant to title 38.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Security Based Compensation Arrangement means a stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares to Directors, officers, Employees and/or service providers of the Corporation or any subsidiary of the Corporation, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • 401(k) Plan has the meaning set forth in Section 6.10.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Canadian Defined Benefit Pension Plan means a Canadian Pension Plan that contains or has ever contained a “defined benefit provision” as such term is defined in Section 147.1(1) of the Income Tax Act (Canada).

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.