Designated Benefit Commencement Date definition

Designated Benefit Commencement Date means, with respect to an Account, the date elected by an Eligible Employee for distribution (or commencing distribution, if payable in installments) of the Account. Except as otherwise provided in Section 4.06, a Participant’s Designated Benefit Commencement Date must be either (i) a specified Quarterly Distribution Date occurring at least two years after the end of the calendar year for which the deferral is made or (ii) a specified Quarterly Distribution Date occurring in the calendar quarter after the Participant’s Retirement or one of the next following three calendar quarters.

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Designated Benefit Commencement Date means

Designated Benefit Commencement Date means, with respect to a Plan Year Balance, the date elected by an Eligible Employee for distribution (or commencing distribution, if payable in installments) of the Plan Year Balance. Except as otherwise provided in Section 4.06, a Participant's Designated Benefit Commencement Date must be either (i) a specified Quarterly Distribution Month occurring at least two years after the end of the calendar year for which the deferral is made or (ii) a specified Quarterly Distribution Month occurring in the calendar quarter after the Participant's Retirement or one of the next following three calendar quarters.

More Definitions of Designated Benefit Commencement Date

Designated Benefit Commencement Date means, with respect to an Account, the date elected by a Participant on the Applicable Form for distribution (or commencing distribution, if payable in installments) of the Account. Such date may be the date on which the Participant Separates from Service, a year specified by the Participant, or the date on which a Change of Control occurs. If a Participant fails to elect a Designated Benefit Commencement Date, the Designated Benefit Commencement Date shall be the date on which the Participant Separates from Service.

Related to Designated Benefit Commencement Date

Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.
Extended benefit period means a period which:
Accrued Benefit have the meanings specified in ERISA.
Disability Retirement Date means the first day of the month following the last day of paid employment;
Employment Commencement Date means the date on which the Employee first performs an Hour of Service.