Amount of Normal Retirement Benefit. The Normal Retirement Benefit of Twenty-Five Thousand Dollars ($25,000) shall be payable for a term of twenty (20) years (the “TERM”).
Amount of Normal Retirement Benefit. A Participant’s monthly Normal Retirement Benefit shall be equal to the amount determined in accordance with the applicable Supplement.
Amount of Normal Retirement Benefit. The annual benefit under this Section 2.1 is fifty percent (50%) of Final Pay at the Normal Retirement Date.
Amount of Normal Retirement Benefit. A Member who retires on his or her Normal Retirement Date as set forth in Section 4.01 shall receive a benefit equal to a percentage of the Member’s Final Average Earnings multiplied by his or her Years of Service, each determined as of the Member’s Normal Retirement Date. The percentage of pay used to calculate a Member’s Normal Retirement Benefit under this Section 6.01 shall be set forth in the applicable Appendix.
Amount of Normal Retirement Benefit. Upon Termination of Employment for any reason other than death, and subject to Paragraphs 2 and 3 of this Agreement, the Company shall pay to the Executive an annual benefit obtained by taking the SERP Benefit determined under this Paragraph 1(a) and offsetting the resulting amount by the Executive’s SERP Offset described in Paragraph 1(b) (the annual benefit, so reduced, is referred to as the “Normal Retirement Benefit”).
Amount of Normal Retirement Benefit. The Executive’s annual benefit upon Normal Retirement is $20,000.
Amount of Normal Retirement Benefit. Upon Termination of Employment on or after the Normal Retirement Age (defined as age 65) for any reason other than death, and subject to Paragraph 3 of this Agreement, the Company shall pay to the Executive an annual benefit in accordance with the following formula:
Amount of Normal Retirement Benefit. The amount of the monthly Normal Retirement Benefit, payable as the Normal Annuity Form, shall be determined as follows:
Amount of Normal Retirement Benefit. The Executive’s annual benefit upon Normal Retirement is the product of the Executive’s Benefit Percentage and his Final Pay.
Amount of Normal Retirement Benefit. The annual benefit under this Section 2.1 is __________________ of Final Pay.
