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As Of Filer Filing For·On·As Docs:Size 2/22/13 State Street Corp 10-K 12/31/12 166:50M |
Document/Exhibit Description Pages Size
1: 10-K Annual Report HTML 3.01M
2: EX-10.1 Material Contract HTML 128K
5: EX-10.10 Material Contract HTML 183K
6: EX-10.12 Material Contract HTML 98K
7: EX-10.13 Material Contract HTML 49K
3: EX-10.2 Material Contract HTML 263K
4: EX-10.7 Material Contract HTML 185K
9: EX-21 Subsidiaries List HTML 51K
10: EX-23 Consent of Experts or Counsel HTML 47K
8: EX-12 Statement re: Computation of Ratios HTML 107K
11: EX-31.1 Certification -- §302 - SOA'02 HTML 52K
12: EX-31.2 Certification -- §302 - SOA'02 HTML 53K
13: EX-32 Certification -- §906 - SOA'02 HTML 49K
113: R1 Document And Entity Information HTML 75K
82: R2 Consolidated Statement Of Income HTML 177K
104: R3 Consolidated Statement of Comprehensive Income HTML 82K
118: R4 Consolidated Statement of Comprehensive Income HTML 61K
(Parenthetical)
151: R5 Consolidated Statement Of Condition HTML 182K
87: R6 Consolidated Statement Of Condition HTML 79K
(Parenthetical)
103: R7 Consolidated Statement Of Changes In Shareholders' HTML 132K
Equity
75: R8 Consolidated Statement Of Changes In Shareholders' HTML 53K
Equity (Parenthetical)
60: R9 Consolidated Statement Of Cash Flows HTML 216K
153: R10 Summary Of Significant Accounting Policies HTML 99K
120: R11 Acquisitions HTML 61K
119: R12 Fair Value HTML 1.00M
128: R13 Investment Securities HTML 647K
129: R14 Loans And Leases HTML 275K
125: R15 Goodwill And Other Intangible Assets HTML 136K
131: R16 Other Assets HTML 67K
106: R17 Deposits HTML 61K
115: R18 Short-Term Borrowings HTML 129K
123: R19 Long-Term Debt HTML 93K
165: R20 Commitments And Contingencies HTML 97K
143: R21 Variable Interest Entities HTML 61K
96: R22 Shareholders' Equity HTML 102K
122: R23 Equity-Based Compensation HTML 137K
100: R24 Regulatory Matters HTML 155K
48: R25 Derivative Financial Instruments HTML 294K
145: R26 Net Interest Revenue HTML 84K
158: R27 Employee Benefits HTML 545K
69: R28 Occupancy Expense And Information Systems And HTML 80K
Communications Expense
68: R29 Acquisition and Restructuring Costs HTML 108K
73: R30 Other Expenses HTML 53K
74: R31 Income Taxes HTML 148K
76: R32 Earnings Per Common Share HTML 84K
32: R33 Line of Business Information HTML 227K
140: R34 Non-U.S. Activities HTML 80K
93: R35 Parent Company Financial Statements HTML 162K
97: R36 Summary Of Significant Accounting Policies HTML 181K
(Policy)
54: R37 Fair Value (Tables) HTML 993K
164: R38 Investment Securities (Tables) HTML 632K
20: R39 Loans and Leases (Tables) HTML 271K
79: R40 Goodwill And Other Intangible Assets (Tables) HTML 132K
149: R41 Other Assets (Tables) HTML 67K
51: R42 Deposits (Tables) HTML 59K
67: R43 Short-Term Borrowings (Tables) HTML 128K
72: R44 Long-Term Debt (Tables) HTML 81K
83: R45 Commitments And Contingencies (Tables) HTML 68K
31: R46 Shareholders' Equity (Tables) HTML 77K
59: R47 Equity-Based Compensation (Tables) HTML 122K
24: R48 Regulatory Matters (Tables) HTML 145K
147: R49 Derivative Financial Instruments (Tables) HTML 280K
50: R50 Net Interest Revenue (Tables) HTML 83K
142: R51 Employee Benefits (Tables) HTML 536K
55: R52 Occupancy Expense And Information Systems And HTML 69K
Communications Expense (Tables)
80: R53 Acquisition and Restructuring Costs (Tables) HTML 94K
23: R54 Income Taxes (Tables) HTML 131K
28: R55 Earnings Per Common Share (Tables) HTML 82K
71: R56 Line of Business Information (Tables) HTML 218K
39: R57 Non-U.S. Activities (Tables) HTML 77K
154: R58 Parent Company Financial Statements (Tables) HTML 162K
91: R59 Summary Of Significant Accounting Policies HTML 54K
(Details)
126: R60 Acquisitions (Details) HTML 70K
58: R61 Fair Value Fair Value (Narrative) (Details) HTML 53K
63: R62 Fair Value (Schedule Of Fair Value Measurements On HTML 216K
A Recurring Basis) (Details)
137: R63 Fair Value (Schedule Of Fair Value Measurements, HTML 151K
Assets, Using Significant Unobservable Inputs)
(Details)
132: R64 Fair Value Fair Value (Schedule of Fair Value HTML 94K
Measurements, Liabilities, Using Significant
Unobservable Inputs) (Details)
95: R65 Fair Value (Level 3 Total Realized And Unrealized HTML 56K
Gains And Losses Recorded In Revenue) (Details)
135: R66 Fair Value Fair Value (Fair Value Inputs, Assets HTML 99K
and Liabilities, Quantitative Information)
(Details)
56: R67 Fair Value Fair Value (Schedule of Availability of HTML 108K
Significant Unobservable Inputs by Balance Sheet
Classification) (Details)
101: R68 Fair Value Fair Value (Carrying Value and HTML 122K
Estimated Fair Value of Financial Instruments)
(Details)
157: R69 Fair Value (Reported Amounts And Estimated Fair HTML 56K
Values For Financial Instruments) (Details)
26: R70 Investment Securities (Narrative) (Details) HTML 120K
47: R71 Investment Securities (Schedule Of Marketable HTML 146K
Securities) (Details)
81: R72 Investment Securities (Schedule Of Gross Pre-Tax HTML 151K
Unrealized Losses On Investment Securities)
(Details)
37: R73 Investment Securities (Schedule Of Contractual HTML 116K
Maturities Of Debt Securities) (Details)
163: R74 Investment Securities (Gains And Losses Related To HTML 80K
Investment Securities) (Details)
52: R75 Investment Securities (Schedule Of Credit-Related HTML 64K
Loss Activity Recognized In Earnings) (Details)
42: R76 Loans and Leases (Narrative) (Details) HTML 64K
46: R77 Loans and Leases (Net Loans) (Details) HTML 80K
29: R78 Loans and Leases Loans and Leases (Components Of HTML 64K
The Net Investment In Leveraged Leases) (Details)
33: R79 Loans and Leases (Recorded Investment In Each HTML 81K
Class Of Total Loans And Leases By Credit Quality
Indicator) (Details)
116: R80 Loans and Leases (Schedule Of Allowance For Loan HTML 63K
Losses) (Details)
44: R81 Loans and Leases (Impaired Loans) (Details) HTML 76K
155: R82 Loans and Leases (Financing Receivables On HTML 49K
Non-Accrual Status) (Details)
77: R83 Loans and Leases (Schedule Of Activity In The HTML 64K
Allowance For Loan Losses) (Details)
124: R84 Goodwill and Other Intangible Assets (Narrative) HTML 63K
(Details)
134: R85 Goodwill And Other Intangible Assets (Changes In HTML 66K
The Carrying Amount Of Goodwill) (Details)
43: R86 Goodwill And Other Intangible Assets (Changes In HTML 65K
The Carrying Amount Of Other Intangible Assets)
(Details)
45: R87 Goodwill And Other Intangible Assets (Gross HTML 61K
Carrying Amount, Accumulated Amortization And Net
Carrying Amount Of Other Intangible Assets)
(Details)
152: R88 Other Assets (Components Of Other Assets) HTML 83K
(Details)
38: R89 Deposits (Narrative) (Details) HTML 55K
117: R90 Deposits (Scheduled Maturities Of Aggregate U.S. HTML 62K
And Non-U.S. Time Deposits) (Details)
109: R91 Deposits (Scheduled Maturities Of U.S. Time HTML 55K
Deposits) (Details)
138: R92 Short-Term Borrowings (Narrative) (Details) HTML 58K
108: R93 Short-Term Borrowings (Primary Components Of HTML 70K
Short-term Borrowings) (Details)
88: R94 Short-Term Borrowings (Securities Sold Under HTML 54K
Repurchase Agreements) (Details)
146: R95 Short-Term Borrowings (U.S. Government Securities HTML 52K
And Related Repurchase Agreements Including
Accrued Interest) (Details)
84: R96 Long-Term Debt (Narrative) (Details) HTML 116K
53: R97 Long-Term Debt (Long-Term Debt) (Details) HTML 73K
98: R98 Commitments And Contingencies (Narrative) HTML 92K
(Details)
92: R99 Commitments And Contingencies Commitments And HTML 53K
Contingencies (Contractual Amounts of
Credit-Related Off-Balance Sheet Financial
Instruments) (Details)
70: R100 Commitments And Contingencies (Schedule Of HTML 54K
Repurchase Agreements) (Details)
166: R101 Variable Interest Entities (Details) HTML 57K
136: R102 Shareholders' Equity (Narrative) (Details) HTML 124K
107: R103 Shareholders' Equity (Schedule Of Accumulated HTML 87K
Other Comprehensive (Loss) Income) (Details)
30: R104 Equity-Based Compensation (Narrative) (Details) HTML 100K
148: R105 Equity-Based Compensation (Stock Options And Stock HTML 86K
Appreciation Rights Activity) (Details)
156: R106 Equity-Based Compensation (Restricted Stock Awards HTML 75K
Activity) (Details)
150: R107 Equity-Based Compensation (Deferred Stock Awards HTML 78K
Activity) (Details)
102: R108 Equity-Based Compensation (Performance Awards HTML 75K
Activity) (Details)
40: R109 Regulatory Matters (Narrative) (Details) HTML 64K
127: R110 Regulatory Matters (Regulatory Capital Ratios And HTML 122K
Related Amounts) (Details)
57: R111 Derivative Financial Instruments (Narrative) HTML 71K
(Details)
22: R112 Derivative Financial Instruments (Schedule Of HTML 64K
Outstanding Hedges (Notional Amount)) (Details)
86: R113 Derivative Financial Instruments (Notional Amount HTML 59K
Of Interest Rate Swap Agreements Designated As
Fair Value And Cash Flow Hedges) (Details)
78: R114 Derivative Financial Instruments (Contractual And HTML 49K
Weighted-Average Interest Rates, Which Include The
Effects Of Hedges Related To Financial
Instruments) (Details)
144: R115 Derivative Financial Instruments (Schedule Of The HTML 67K
Fair Values Of Derivative Financial Instruments)
(Details)
62: R116 Derivative Financial Instruments (Impact Of HTML 76K
Derivatives On Consolidated Statement Of Income)
(Details)
160: R117 Derivative Financial Instruments (Schedule Of HTML 63K
Differences Between The Gains (Losses) On The
Derivative And The Gains (Losses) On The Hedged
Item) (Details)
34: R118 Net Interest Revenue (Components Of Interest HTML 88K
Revenue And Interest Expenses) (Details)
112: R119 Employee Benefits (Narrative) (Details) HTML 94K
133: R120 Employee Benefits (Combined Information For The HTML 141K
U.S. And Non-U.S. Defined Benefit Plans And
Post-Retirement Plan) (Details)
25: R121 Employee Benefits (Amounts Recognized In The HTML 112K
Consolidated Statement Of Condition) (Details)
110: R122 Employee Benefits (Expected Benefit Payments) HTML 64K
(Details)
99: R123 Employee Benefits (Plan's Assets Measured At Fair HTML 115K
Value On A Recurring Basis) (Details)
27: R124 Employee Benefits (Fair Value Measurements Using HTML 64K
Significant Unobservable Inputs) (Details)
114: R125 Employee Benefits (Defined Pension Benefits In HTML 123K
Excess Of Qualified Plan Limits, Information For
The SERPs) (Details)
162: R126 Employee Benefits (The Actuarially Determined HTML 91K
Expense For U.S. And Non-U.S. Defined Benefit
Plans, Post-Retirement Plan And SERPs) (Details)
35: R127 Occupancy Expense And Information Systems And HTML 85K
Communications Expense (Narrative) (Details)
64: R128 Occupancy Expense And Information Systems And HTML 114K
Communications Expense (Summary of Future Minimum
Lease Payments Under Non-Cancelable Capital and
Operating Leases) (Details)
139: R129 Acquisition and Restructuring Costs (Narrative) HTML 78K
(Details)
161: R130 Acquisition and Restructuring Costs (Costs Related HTML 54K
To Acquisition And Restructuring) (Details)
94: R131 Acquisition and Restructuring Costs (Activity HTML 73K
Related To Restructuring-Related Accruals)
(Details)
111: R132 Other Expenses (Details) HTML 70K
36: R133 Income Taxes (Narrative) (Details) HTML 78K
41: R134 Income Taxes (Schedule Of Components Of Income Tax HTML 87K
Expense) (Details)
85: R135 Income Taxes (Schedule Of Components Of Deferred HTML 99K
Tax Liabilities and Assets) (Details)
66: R136 Income Taxes (Schedule Of Reconciliation Of The HTML 75K
U.S. Statutory Income Tax Rate To The Effective
Tax Rate) (Details)
130: R137 Income Taxes (Summary Of Activity Related To HTML 59K
Unrecognized Tax Benefits) (Details)
89: R138 Earnings Per Common Share (Computation Of Basic HTML 96K
And Diluted Earnings Per Share) (Details)
61: R139 Line of Business Information (Details) HTML 132K
90: R140 Non-U.S. Activities (Schedule Of Results From HTML 91K
Non-U.S. Operations) (Details)
49: R141 Non-U.S. Activities (Summary Of Non-U.S. Assets) HTML 59K
(Details)
21: R142 Parent Company Financial Statements (Parent HTML 84K
Company Statement Of Income) (Details)
141: R143 Parent Company Financial Statements (Parent HTML 100K
Company Statement Of Condition) (Details)
121: R144 Parent Company Financial Statements (Parent HTML 119K
Company Statement Of Cash Flows) (Details)
159: XML IDEA XML File -- Filing Summary XML 267K
65: EXCEL IDEA Workbook of Financial Reports (.xls) XLS 9.02M
14: EX-101.INS XBRL Instance -- stt-20121231 XML 13.39M
16: EX-101.CAL XBRL Calculations -- stt-20121231_cal XML 547K
17: EX-101.DEF XBRL Definitions -- stt-20121231_def XML 1.78M
18: EX-101.LAB XBRL Labels -- stt-20121231_lab XML 4.11M
19: EX-101.PRE XBRL Presentations -- stt-20121231_pre XML 2.53M
15: EX-101.SCH XBRL Schema -- stt-20121231 XSD 488K
105: ZIP XBRL Zipped Folder -- 0000093751-13-000040-xbrl Zip 807K
| Exhibit 10.1 |
1. | Purpose. This Management Supplemental Retirement Plan was adopted effective October 1, 1987 (as the State Street Corporation Supplemental Executive Retirement Plan) in order to increase the overall effectiveness of the Company's executive compensation program so as to attract, retain, and motivate qualified senior management personnel, by providing benefits that are consistent with the particular needs of such
personnel, and that are supplemental to benefits provided under the State Street Retirement Plan. The Plan was previously amended and restated, effective January 1, 2008. Except as otherwise specified herein, this document amends and restates the provisions of the Plan, effective January 1, 2008. |
2. | Status of Plan. The Plan is intended to be “a plan which is unfunded and is maintained by an employer primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees” within the meaning of Sections 201(2), 301(a)(3),
401(a)(1) and 4021(b)(6) of ERISA, and shall be interpreted and administered consistent with that intent. The Plan is intended to be operated in accordance with the requirements applicable to a “nonqualified deferred compensation plan” under Section 409A of the Code and the regulations thereunder and shall be interpreted and administered consistent with that intent. |
3. | Definitions. When used herein, the following words shall have the meanings indicated below. Terms not defined herein shall have the meanings assigned to them in the State Street Retirement Plan, as from time to time amended and in effect. |
(a) | Actuarial
Equivalent means a benefit of equal value to the benefit which otherwise would have been provided, determined on the basis of the actuarial assumptions and methods then in use under the Retirement Plan. |
(b) | Business Day means each day that the New York Stock Exchange is open for business. |
(c) | Committee means the Executive Compensation Committee of the Board of Directors
of State Street. |
(d) | Company means State Street and, as used herein, shall be deemed to include any subsidiary or affiliate of State Street that is a participating employer under the Retirement Plan. |
(e) | Disabled means, for any Participant, that the Participant, prior to Separation from Service, as determined in the sole discretion of the Committee: |
(i) | is
unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or |
(ii) | is, by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, receiving income replacement benefits for a period of not less than 6 months under an accident and health plan covering employees of the Employer. |
(f) | Executive
Plan means the State Street Corporation Executive Supplemental Retirement Plan (formerly the State Street Corporation Supplemental Defined Benefit Pension Plan), as amended and restated January 1, 2008. |
(g) | Participant means any individual described in Section 4. |
(h) | Plan means this State Street Corporation Management
Supplemental Retirement Plan (formerly the State Street Corporation Supplemental Executive Retirement Plan), as from time to time amended and in effect. |
(i) | Retirement Plan means the State Street Retirement Plan, as from time to time amended and in effect. |
(j) | Retirement Plan Benefit means the benefit actually payable under the Retirement Plan to a Participant or a Participant's Beneficiary. |
(k) | Separation
from Service means a separation from service, within the meaning of Treas. Regs. §1.409A-1(h), with State Street and any other company that would be treated as a single employer with State Street under the first sentence of Treas. Regs. §1.409A-1(h)(3); and correlative terms shall be construed to have a corresponding meaning. |
(l) | Supplemental Plan Benefit means the benefit payable to a Participant or a Beneficiary hereunder. |
4. | Participation. Any
individual who was participating in the Plan as of December 31, 2007 (including, for the avoidance of doubt, any individual with vested but unpaid benefits under the Plan) shall be a Participant in the Plan effective January 1, 2008. Participation in the plan is terminable by the Committee in its discretion upon written notice to the Participant and termination shall be effective as of the date contained therein, but in no event earlier than the date of such notice. Notwithstanding anything herein to the contrary, no individual may become a Participant under this Plan after December 31, 2007. |
5. | Amount
of Benefits. Benefits shall be payable hereunder only to (a) Participants who have a Separation from Service on or after their Normal Retirement Date, and their Spouses or other Beneficiaries; (b) Participants who have a Separation from Service prior to January 1, 2008 after having completed at least five years of Vesting Service, or on or after January 1, 2008 after having completed at least three years of Vesting Service, and their Spouses or other Beneficiaries; (c) Participants who become Disabled, and their Spouses or other Beneficiaries; and (d) Spouses or other Beneficiaries of Participants who die while employed by the Company. Benefits hereunder shall be paid in an amount equal to (1) minus the sum of (2) and (3), where: |
(1) | is
the lump-sum Actuarial Equivalent of the Participant's Retirement Plan Benefit as it would be determined under the applicable provisions of the Retirement Plan applied without regard to any provision of the Retirement Plan or any requirement imposed by law upon qualified pension plans which limits the benefits under the Retirement Plan to any maximum amount (including, without limitation, the provisions of Section 415 of the Code) and without regard to any such provision of the Retirement Plan or of law which limits the amount of annual compensation of a Participant which may be taken into account |
(2) | is the lump-sum Actuarial Equivalent of the Participant's actual Retirement Plan Benefit; and |
(3) | is the portion, if any, of the amount determined under (1) above that is determined with reference to Basic Credits under Section 4.4(b) of the Retirement Plan, to the extent such portion reflects Base Pay in excess of $500,000. |
6. | Time and Form of Payment. Benefits under the Plan shall be paid as follows: |
(a) | A Participant whose Supplemental Plan Benefit commenced prior to January
1, 2008 shall continue to receive his or her benefits in same form after January 1, 2008. |
(b) | A Participant who has a Separation from Service on or after January 1, 2008 shall be paid his or her Supplemental Plan Benefit in a single lump sum on the first business day after the date that follows the Participant's Separation from Service by six months. |
(c) | A
Participant who had a Separation from Service prior to January 1, 2008 but whose Supplemental Plan Benefit has not been paid or commenced prior to January 1, 2009 shall be paid his or her Supplemental Plan Benefit in a single lump sum on July 1, 2009. |
(d) | Notwithstanding paragraphs (b) and (c) above, a Participant who is entitled to payment under the Executive Plan and whose Supplemental Plan Benefit has not been paid or commenced prior to January 1, 2008 shall be paid his or her Supplemental Plan Benefit
in three equal installments, on (i) the first Business Day after the date that follows the date of the Participant's Separation from Service by six months, (ii) the first anniversary of the date of the Participant's Separation from Service (or if such date is not a Business Day, the immediately following Business Day), and (iii) the second anniversary of the date of the Participant's Separation from Service (or if such date is not a Business Day, the immediately following Business Day). |
(e) | Notwithstanding paragraphs (b), (c) and (d) above, if a Participant becomes Disabled and remains Disabled through the payment date specified in (i) or (ii) below, the Participant's unpaid Supplemental Plan Benefit
shall be distributed as follows: |
(i) | if the Participant is entitled to benefits under the Executive Plan payable pursuant to the provisions set forth in Exhibit A to the Executive Plan, then upon the Participant's becoming Disabled before benefits have commenced under paragraph (d), and provided the Participant remains Disabled through the first payment date described in this paragraph (e)(ii), the Participant's Supplemental Plan Benefit shall be paid in three equal installments, with the first installment being paid by the later of (A) the end of the calendar year in which the Participant becomes Disabled, and (B) the fifteenth day of the third month following the date on which the Participant |
(ii) | if the Participant is not entitled to benefits under the Executive Plan payable pursuant to the provisions set forth in Exhibit A to the Executive Plan, the Participant's unpaid Supplemental Plan Benefit shall be paid in a single lump sum, by the later of (A) the end of the calendar year in which the Participant becomes Disabled, and (B) the fifteenth day of the third month following
the date on which the Participant becomes Disabled, provided the Participant has remained Disabled through the date of payment. |
(f) | Notwithstanding paragraphs (b), (c), (d) and (e) above, a Participant's unpaid Supplemental Plan Benefit shall be distributed in a single lump sum cash payment to the Participant's Beneficiary or Beneficiaries as soon as practicable (and in all events within 90 days) following the Participant's death. |
(g) | Notwithstanding
anything to the contrary in the Plan, in the event a Participant who has Separated from Service subsequently returns to employment with the Company, payment of the Participant's Supplemental Plan Benefit accrued prior to such Separation from Service shall not be suspended or otherwise delayed. |
7. | Administration and Claims. The complete authority to control and manage the operation and administration of the Plan shall be placed in the Committee. The determination of the Committee as to any disputed question shall be conclusive. All actions, decisions and interpretations of the Committee shall be performed
in a uniform and non-discriminatory manner. The Committee has established the procedures set forth on Exhibit A for determining claims for benefits under the Plan. The Committee may modify or update Exhibit A from time to time without any amendment under Section 9 being required. |
8. | Miscellaneous. |
(a) | Source of payments. All payments hereunder shall be paid from the general assets of State
Street, including for this purpose, if State Street in its sole discretion so determines, assets of one or more trusts established to assist in the payment of benefits hereunder. Any trust established pursuant to the preceding sentence shall provide that trust assets remain subject to the employer's general creditors in the event of insolvency or bankruptcy and shall otherwise contain such terms as are necessary to ensure that they do not constitute a “funding” of the Plan for purposes of the Code or ERISA. |
(b) | Certain tax matters. Payments hereunder shall be reduced by required tax withholdings. If any portion of a Participant's Supplemental Plan Benefit is determined
by the Committee to be includible by reason of Section 409A in a Participant's or Beneficiary's income prior to the time provided for payment under paragraph 6 above, such portion shall be paid to the Participant or Beneficiary as soon as practicable. |
(c) | Inalienability of benefits. Except as required by law, no benefit under, or interest in, the Plan shall be subject in any manner to anticipation, alienation, sale, transfer, assignment, |
(d) | Reclassification of Employment Status. Notwithstanding anything herein to the contrary, an individual who is not characterized or treated as a common law employee by the Company shall not be eligible to participate in the Plan. However, in the event that such an individual is reclassified or deemed to be reclassified as a common law employee, the individual shall be eligible
to participate in the Plan as of the Entry Date coinciding with or next following the reclassification date (to the extent such individual otherwise qualifies as an to participate in the Plan). If the effective date of any such reclassification is prior to the actual date of such reclassification, in no event shall the reclassified individual be eligible to participate in the Plan retroactively to the effective date of such reclassification. |
(e) | No right of employment. Nothing contained herein, nor any action taken under the provisions hereof, shall be construed as giving any Participant the right to be retained in the employ of the
Company. |
(f) | Headings. The headings of the sections in the Plan are placed herein for convenience of reference, and, in the case of any conflict, the text of the Plan, rather than such heading, shall control. |
(g) | Construction. The Plan shall be construed, regulated, and administered in accordance with the laws of the Commonwealth of Massachusetts and applicable federal laws. |
9. | Amendment
or Discontinuance. The Committee may amend or discontinue this Plan at any time without prior notice of intent. However, the Company undertakes to ensure that this Plan will be binding upon any present or future parent, subsidiary or affiliate of the Company or any person, firm or corporation with which the Company may be merged or consolidated or which may acquire all or substantially all of the assets of the Company. No amendment or discontinuance of the Plan shall deprive any Participant who has had a Separation from Service, or any Spouse or other Beneficiary of a deceased Participant, of any Supplemental Plan Benefits
to which he or she was entitled under the Plan as in effect immediately prior to such amendment or discontinuance, and no discontinuance or amendment shall adversely affect the Supplemental Plan Benefit accrued hereunder by any Participant prior to the effective date of such amendment. For purposes of this Section 9, the Supplemental Plan Benefit accrued by a Participant at the time of any amendment or discontinuance shall be deemed to be the benefit to which the Participant would have been entitled under the provisions of Section 5 if the Participant had Separated from Service on the date of such amendment or discontinuance. |
1. | In General. Any employee or former employee, or any person claiming to be a beneficiary with respect to such a person, may request, with respect to any of the Plans: |
a) | a
benefit payment, |
b) | a resolution of a disputed amount of benefit payment, or |
c) | a resolution of a dispute as to whether the person is entitled to the particular form of benefit payment. |
2. | Effect on Benefit Requests in Due Course. Each Plan has established procedures for benefit applications, selection of benefit forms, designation of beneficiaries, determination of qualified domestic relations orders, and similar routine requests and inquiries relating to the operation of the Plan. |
a) | Each
claim must be in writing and delivered by hand or first-class mail (including registered or certified mail) to the Plan Administrator, at the following address: |
b) | The
claim must also include sufficient information relating to the identity of the claimant and such other information reasonably necessary to allow the claim to be evaluated. |
c) | In no event may a claim for benefits be filed by a Claimant more than 120 days after the applicable “Notice Date,” as defined below. |
i) | In any case where benefits are paid to the Claimant as a lump sum, the Notice Date shall be the date of payment of the lump sum. |
ii) | In
any case where benefits are paid to the Claimant in the form of an annuity or installments, the Notice Date shall be the date of payment of the first installment of the annuity or payment of first installment. |
iii) | In any case where the Plan (prior to the filing of a claim for benefits) determines that an individual is not entitled to benefits (for example (without limitation) where an individual terminates employment and the Plan determines that he has not vested) and the Plan provides written notice to such person of its determination, the Notice Date shall be the date of the individual's receipt of such notice. |
iv) | In
any case where the Plan provides an individual with a written statement of his account as of a specific date or the amounts credit to, or charged against, his account within a specified period, the Notice Date with regard to matters describe in such statement shall be the date of the receipt of such notice by such individual (or beneficiary). |
a) | the specific reason or reasons for the denial, |
b) | reference to the specific Plan provisions on which the denial is
based, |
c) | a description of any additional material or information necessary for the claimant to perfect the claim and an explanation of why such material or information is necessary, |
d) | reference to and a copy of these Procedures, so as to provide the claimant with a description of the relevant Plan's review procedures and the time limits applicable to such procedures, a description of the claimant's rights regarding documentation as described in Paragraph 9, and |
e) | a
statement of the claimant's rights under Section 502(a) of ERISA to bring a civil action with respect to an adverse determination upon review of an appeal filed under Paragraph 6. |
a) | the specific reason or reasons for the adverse determination, |
b) | reference to the specific plan provisions on which the adverse determination was based, |
c) | reference
to and a copy of these Procedures, so as to provide the claimant with a description of the claimant's rights regarding documentation as described in Paragraph 9, and |
d) | a statement of the claimant's rights under Section 502(a) of ERISA to bring a civil action with respect to the adverse determination. |
a) | was relied on in determining the claim, |
b) | was submitted, considered or generated in the course of making such determination (whether or not actually relied on), or |
c) | demonstrates
that such determination was made in accordance with governing Plan documents (including, for this purpose, these Procedures) and that, where appropriate, Plan provisions have been applied consistently with similarly situated claimants. |
10. | Rights
of a Claimant Where Appeal is Denied. |
a) | The claimant's actual entitlement, if any, to bring suit and the scope of and other rules pertaining to any such suit shall be governed by, and subject to the limitations of, applicable law, including ERISA. By extending to an employee or former employee the right to file a claim under these Procedures, neither State Street nor any person or committee appointed as Plan Administrator acknowledges or concedes that such individual is a participant in any particular Plan within the meaning of such Plan or ERISA, and reserves the right to assert that an individual is not a participant in any action brought under Section 502(a). |
b) | In
no event may any legal proceeding regarding entitlement to benefits or any aspect of benefits under the Plan be commenced later than the earliest of |
i) | two years after the applicable Notice Date; or |
ii) | one year after the date a claimant receives a decision from the Appeals Committee regarding his appeal, or |
iii) | the
date otherwise prescribed by applicable law. |
c) | Before any legal proceeding can be brought, a participant must exhaust the claim appeals procedures as set forth herein. |
1. | Effective for actions taken on or after August 1, 2012, a new subsection 3(b) is added to Section 3 as follows and all subsequent definitions in this section are renumbered: |
2. | Effective
for beneficiary designations on or after October 1, 2012, a new subsection 3(c) is added to Section 3 as follows and all subsequent definitions in this section are renumbered: |
3. | Effective for actions taken on or after August
1, 2012, a new subsection 3(k) is added to Section 3 as follows and all subsequent definitions in this section are renumbered: |
4. | Effective for Separations from Service after October 1, 2012, Section 6(b) is amended in its entirety as follows: |
5. | Effective for Separations from Service after October 1, 2012, Section 6(d) is amended in its entirety as follows: |
6. | Effective
for Disability determinations after October 1, 2012, Section 6(e)(i) is amended in its entirety as follows: |
7. | Effective for Disability determinations after October 1, 2012, Section 6(e)(ii) is amended in its entirety as follows: |
8. | Effective for actions taken on or after August 1, 2012, Section 7 is amended in its entirety as follows: |
9. | Effective for amendments made on or after August 1, 2012, Section 9 is amended by adding the following as the second sentence thereof: |
| This ‘10-K’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| Filed on: | 2/22/13 | |||
| For Period end: | 12/31/12 | 11-K, 13F-HR, ARS | ||
| 10/1/12 | ||||
| 8/1/12 | ||||
| 7/1/09 | 4 | |||
| 1/1/09 | ||||
| 1/1/08 | ||||
| 12/31/07 | 10-K, 11-K, 13F-HR, 5, ARS | |||
| List all Filings | ||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 12/23/13 SEC UPLOAD¶ 10/02/17 1:39K State Street Corp. 11/22/13 SEC UPLOAD¶ 10/02/17 1:162K State Street Corp. 5/30/13 SEC UPLOAD¶ 10/02/17 1:36K State Street Corp. 5/21/13 SEC UPLOAD¶ 10/02/17 1:38K State Street Corp. 4/30/13 SEC UPLOAD¶ 10/02/17 1:159K State Street Corp. |