Pension Benefit

Example Definitions of "Pension Benefit"
Pension Benefit. If the Participant participates or has --------------- participated in a defined benefit plan maintained by the Company or a subsidiary of the Company, the monthly benefit payable in the normal form at his normal retirement. If the participant participates or has participated in a defined contribution plan maintained by the Company or a subsidiary of the Company, the actuarial equivalent annuity for life that can be purchased with the value in his plan accounts at normal... retirement attributable to employer contributions and earnings thereon. The benefits payable at normal retirement to a Participant who has participated in both such types of plan shall be aggregated to determine his Pension Benefit. View More Arrow
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