Single Employer Defined Benefit Plan definition

Single Employer Defined Benefit Plan means an "employee pension benefit plan" within the meaning of Section 3(2) of ERISA which is subject to Subtitle B of Title IV of ERISA and which is not a Multiemployer Plan.
Sample 1Sample 2Sample 3

Examples of Single Employer Defined Benefit Plan in a sentence

  • All PBGC premiums due on or before the Closing with respect to each Single Employer Defined Benefit Plan have been, or prior to the Closing will be, paid in full, including late fees, interest and penalties, if and to the extent applicable.

  • Except as set forth in Schedule 3.15, none of these Plans is a Single Employer Defined Benefit Plan (as hereinafter defined), a Multiemployer Plan (as hereinafter defined) or a severance pay plan.

  • The PBGC has not instituted or, to the best of MGI's knowledge, threatened a proceeding to terminate any Single Employer Defined Benefit Plan.

  • The PBGC has not instituted or, to the best of Xxxxxxxx'x knowledge, threatened a proceeding to terminate any Single Employer Defined Benefit Plan.

  • Self-Administered, Single Employer Defined Benefit Plan (Cont’d.) Benefits Provided:The Plan is a medical reimbursement plan.

  • The reporting re- quirements under section 6059(a) and(b) are satisfied by filing Schedule SB (Form 5500), Single Employer Defined Benefit Plan Actuarial Information and Schedule MB (Form 5500), Multiem- ployer Defined Benefit Plan and Certain Money Purchase Plan Actuarial Informa- tion.

  • An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB control number.PBGC is proposing a few modifications to the Schedule MB (Multiemployer Defined Benefit Plan Actuarial Information) and the Schedule SB (Single Employer Defined Benefit Plan Actuarial Information) and related instructions.

  • Previously the teamsters union described CARP as a Single Employer Defined Benefit Plan in the organizing campaign literature in 2013.

  • United Airlines merger date with Continental is the triggering event, that is the date that United assumed responsibility for the CARP a Single Employer Defined Benefit Plan.

  • At oral argument, BACM suggested that Mr. Jain may also have intended to use the prospect of a data center to motivate retail tenants to leave, thus driving down the value of the mall (which was already in receivership) and facilitating his ability to purchase it at an agreeable price in foreclosure.

Related to Single Employer Defined Benefit Plan

  • Defined Benefit Plan means either a plan described in Section 3(35) of ERISA or a plan subject to the minimum funding standards set forth in Section 302 of ERISA and Section 412 of the Code.

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

  • 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).

  • Defined Benefit Plan Fraction means a fraction, the numerator of which is the projected annual benefit (determined as of the close of the relevant Plan Year) of the Participant under all Defined Benefit Plans maintained by one or more Related Companies, and the denominator of which is the lesser of (i) the product of 1.25 multiplied by the dollar limitation in effect under Section 415(b)(1)(A) of the Code for the Plan Year, or (ii) the product of 1.4 multiplied by the amount which may be taken into account under Section 415(b)(1)(B) of the Code with respect to the Participant for the Plan Year.

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • Canadian Defined Benefit Plan means a Canadian Pension Plan, which contains a “defined benefit provision,” as defined in subsection 147.1(1) of the ITA.

  • Business Benefit Plan means each Benefit Plan that is contributed to, sponsored, maintained or entered into by Seller or a Retained Subsidiary, a Purchased Subsidiary or any Affiliate of any of them for the benefit of any Business Employee.

  • Parent Benefit Plan means an Employee Benefit Plan sponsored, maintained, or contributed to (or required to be contributed to) by Parent or any of its Subsidiaries, or under or with respect to which Parent or any of its Subsidiaries has any current or contingent liability or obligation.

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

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

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • 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.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Single Employer Plan any Plan which is covered by Title IV of ERISA, but which is not a Multiemployer Plan.

  • Defined Benefit Fraction means a fraction, the numerator of which is the sum of the participant's projected annual benefits (as defined in Section 23.5.11) under all the defined benefit plans (whether or not terminated) maintained by the Employer, and the denominator of which is the lesser of 125% of the dollar limitation determined for the limitation year under Sections 415(b) and (d) of the Code or 140% of the highest average compensation (as defined in Section 23.5.8), including any adjustments under Section 415(b) of the Code. Notwithstanding the above, if the participant was a participant as of the first day of the first

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 3(1).

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).

  • Group health benefit plan means any health care plan, subscription contract, evidence of

  • Employee Pension Benefit Plan has the meaning set forth in ERISA Section 3(2).