Weekly Supplemental Benefit definition

Weekly Supplemental Benefit means the weekly benefit provided for under Article VII of the Plan.
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Examples of Weekly Supplemental Benefit in a sentence

  • The number of weeks for which an eligible applicant shall receive Weekly Supplemental Benefit payments shall be determined by the number of his Credit Unit and the current Percentage Position of the Fund.

  • If an eligible applicant shall have available a number of Credit Units less than those required for the full amount of the Weekly Supplemental Benefit for any week, he shall receive a proportionate amount of the Weekly Supplemental Benefit to which his Credit Units would entitle him on the pro rata basis, but such proportionate amount of benefit must be in an amount of at least $25.00.

  • Notwithstanding any of the other provisions of the Plan, if, and as long as the applicable Trust Fund Position for any week shall be less than four percent no Weekly Supplemental Benefit for such week shall be paid.

  • If the number of Credit Units to be cancelled for an eligible applicant exceeds the total number of Credit Units remaining to his credit, he shall be entitled to a full Weekly Supplemental Benefit and the remainder of his Credit units shall be cancelled.

  • Except as provided in the next paragraph, on or after July 1, 2005, the Weekly Supplemental Benefit payable to an eligible applicant shall be 80% of his equivalent weekly salary or $650.00, whichever is less; less the sum of wages, remuneration and unemployment compensation including xxxxx XX benefits received by the applicant in respect of such week; provided, however, that such benefit will not exceed $235.00 per week effective July 1, 2005.

  • Weekly Supplemental Benefits Regular Benefit - The Weekly Supplemental Benefit payable to any eligible applicant shall be $50.00 less the amount of any wage or remuneration earned by the applicant in such week.

  • Section 1 - Weekly Supplemental Benefits Regular Benefit The Weekly Supplemental Benefit payable to any eligible applicant shall be $50.00 less the amount of any wage or remuneration earned by the applicant in such week.

  • No Weekly Supplemental Benefit shall be payable under the Plan unless it shall have been established to the satisfaction of the Company by administrative rulings from Canadian governmental authorities or by amendments of the Employment Insurance Act, that supplementation shall continue to be permitted.

  • The Weekly Supplemental Benefit payable to any eligible applicant shall be $50.00 less the amount of any wage or remuneration earned by the applicant in such week.

Related to Weekly Supplemental Benefit

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarially equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or qualified joint and survivor annuity) to which the Member would be entitled under the terms of the plan assuming:

  • Supplemental Payment means any payments or transfers of things of value made to the District or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the Agreement and that is not authorized pursuant to Sections 313.027(f)(1) or (2) of the TEXAS TAX CODE, and specifically includes any payments required pursuant to Article VI of this Agreement.

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

  • Termination Benefit means the benefit set forth in Article 7.

  • 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.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;

  • SERP Benefit means the benefit described in Section 5.1.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • 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.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.

  • Accrued Benefit have the meanings specified in ERISA.

  • Deferred Sales Charge Payment Date means October 10, 2013 and the tenth day of each month thereafter through February 10, 2014.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Change in Control Benefit means the benefit set forth in Section 4.1 below.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.