Transition Participant definition

Transition Participant means an individual or Participant designated as such by the Plan Administrator.
Transition Participant means an Active Participant in the Plan as of the date of Separation from Service who satisfies the requirements of Section 6.04 of the Plan. In no event shall a Retired Participant in the Plan be considered a Transition Participant.
Transition Participant means a Participant who had a Separation from Service on or after January 1, 2005, but prior to November 2, 2007, and who has not taken a distribution of his Plan Benefit as of November 1, 2007.

Examples of Transition Participant in a sentence

  • The Active Participant must incur a Separation from Service and agree to surrender his or her credentials and terminate his or her membership in the Annual Conference, as soon as administratively feasible, but no later than the next following session of the Annual Conference, to be a Transition Participant.

  • A Transition Participant shall remain eligible for the death benefits described in Section 5.03d(1) of the Plan, only for the number of weeks following the Commencement Date described in Section 6.05a equal to the number of weeks for which he or she is eligible for Transition Payments, rounded up to the next nearest whole month.

  • A Transition Participant will not be eligible to begin receiving Transition Benefits as long as he or she is receiving a salary from his or her Salary-Paying Unit.

  • However, if the le mpx le already exists, and is newer than mp le, then nothing is done (presumably the le is up-to-date).

  • Gaining Providers will have access to the PDF report in the Employment Services System after commencing the Transition Participant.


More Definitions of Transition Participant

Transition Participant means a Participant as to whom the responsibility and liability for the payment of benefits accrued or payable under this Plan has been assumed by a Successor Plan Sponsor.
Transition Participant means a Participant or a person eligible to receive a Surviving Spouse Benefit or a Death Benefit as to whom the responsibility and liability for the payment of benefits accrued or payable under a Plan or Plans of a Predecessor Plan Sponsor has been assumed by the Company and are payable under this Plan.
Transition Participant. (as defined in the Pension Plan) in the Pension Plan on the Distribution Date will have his or her pay with AI (or an AI ERISA Affiliate) after the Distribution Date recognized through December 31, 2006 using the Pension Plan's "transition final average pay" formula in calculating his or her minimum DB Plan benefit. In calculating a Transition Participant's otherwise applicable DB Plan benefit, the transition final average pay benefit shall apply as a minimum benefit. If AI does not recognize service through December 31, 2006 in the DB Plan in calculating the "transition final average pay" formula minimum benefit for Specified Participants, then AI will use reasonable efforts to provide, in the aggregate, the economic equivalent impact of such benefits under the DC Plan (only taking into account the incremental employer contributions), the DB Plan and/or such other retirement benefit plans or arrangements as AI may establish.
Transition Participant means the Employees on June 30, 2003 that were in an employment classification that potentially made them eligible for the Plan and that - (a)were at least age 55 on June 30, 2003; or(b)the sum of whose Age and Continuous Service was 80. Transition Participants shall remain subject to the terms of the Plan in effect before July 1, 2003 addressing the calculation and amount of benefits. These Employees shall, however, be subject to the other changes that became effective thereafter and that apply to them as provided in the Plan as amended from time to time, such as those addressing the vesting of benefits and the change to the Effective Retirement Date.
Transition Participant means a Participant who is not actively employed by the Bank on or after the Conversion Date.
Transition Participant means a Participant as to whom the responsibility and liability for the payment of benefits accrued or payable under a plan or plans of a Predecessor Plan Sponsor has been assumed by the Company and are payable under this Plan.
Transition Participant means an individual with an interest in the Georgia Retirement Program at May 31, 2001 who satisfies the following conditions: