Retirement Plan Benefit

Retirement Plan Benefit. Shall mean the amount actually payable to Executive under the Retirement Plan pursuant to the terms thereof, on a life annuity basis, commencing on the date supplemental benefits commence to Executive under this Agreement, or, if the payments to Executive under the Retirement Plan shall not commence until his Normal Retirement Date and the supplemental benefits under this Agreement commence prior to his Normal Retirement Date, "Retirement Plan Benefit" shall mean the amount which would have... been payable under the Retirement Plan had Executive not elected to defer said commencement date. View More

Retirement Plan Benefit. The benefit actually payable under the Retirement Plan to a Participant or a Participant's Beneficiary.