$550, if any; provided, however, that if the Salaried
or the date determined by applying the rules of transition under
faith amendments) and the requirements reflected in IRS
1.51
the Social Security Act for each calendar year in the 35-year
deceased Beneficiary shall not share in any death benefit and those
Code Sections 414(n) or 414(o) and the Treasury Regulations
1.4
according to (A)and (B)above be less than the Salaried
Participants Monthly Plan Compensation averaged over the
Early Retirement Date means the last day of
of base earnings for each Plan Year effective as of the May 1
The
Functionality may vary by operating system and/or device. between the Employer and any other person or entity; (ii)such
EXCLUSIVE BENEFIT, AMENDMENT,
in which his absence period begins, the Administrative Committee
2.1.2
Section5.1 of AppendixH. For
Traditional IRA Vs. Roth IRA. Credited Service means, with respect to
accrued benefits for the purpose of the Top-Heavy test shall be
The determination of who is Highly Compensated shall be made in
RegulationSection1.417(e)-1, the Applicable
combined voting power of all stock of any Employer. purposes of determining ownership in the Employer under this
Effective Date means January1, 2002,
120month period, or the number of months as an employee if
Plan for the month of June1979, a past service Accrued
Arrow Berks Participant means a Participant,
issued thereunder. For any self-employed individual
Date based on the benefit formula set forth in the applicable
Starting Date for Participants other than Salaried Participants
Section401(a)(9), 7.4 Time of Payment of Employer
when considered as a single plan, meets the requirements of
Act of 2004, to revise the governance structure of the Plan (in a
The original effective date of the Plan was
Compensation means Average
employed at Jaffrey, New Hampshire; and. the Required Aggregation Group and the Permissive Aggregation Group
the amount of annual Benefit earned to such date, payable as a
the calendar year in which the Participant has a Severance from
1.36
Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off Perks & Discounts Professional Support Insurance, Health & Wellness Health Insurance 4.0 21 Ratings Employer Verified Dental Insurance 3.5 4 Ratings hours (such as overtime or shift differential), commissions,
maintained.