Common use of Annuity Withdrawal Clause in Contracts

Annuity Withdrawal. Members of the Macomb County Employees’ Retirement System may elect to take an Annuity Withdrawal. The utilization of this option shall be governed by any applicable Annuity Withdrawal provisions of the Macomb County Employees’ Retirement System Ordinance.

Appears in 8 contracts

Samples: Agreement, Letter of Agreement, Agreement

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Annuity Withdrawal. Members of the Macomb County Employees’ Retirement System may elect to take an Annuity Withdrawal. The utilization of this option actuarial equivalent shall be governed determined on the basis of the interest rate established by any applicable Annuity Withdrawal provisions of the Pension Benefit Guaranty Corporation, or, if such a rate is unavailable, by the Macomb County Employees’ Retirement System OrdinanceOrdinance for such annuity withdrawals.

Appears in 2 contracts

Samples: Agreement, Agreement

Annuity Withdrawal. Members of the Macomb County Employees’ Retirement System System, may elect to take an Annuity Withdrawal. The utilization of this option shall be governed by any applicable Annuity Withdrawal provisions of the Macomb County Employees’ Retirement System Ordinance.

Appears in 2 contracts

Samples: Agreement, Letter of Agreement

Annuity Withdrawal. Members of the Macomb County Employees’ Retirement System may elect to take an Annuity Withdrawal. The utilization of this option shall be governed by any applicable Annuity Withdrawal provisions of the Macomb County Employees’ Retirement System OrdinanceSystem.

Appears in 1 contract

Samples: Agreement

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Annuity Withdrawal. Members of the Macomb County Employees’ Retirement System who retire may elect to take an Annuity Withdrawal. The utilization of this option shall be governed by any applicable Annuity Withdrawal provisions of the Macomb County Employees’ Retirement System Ordinance.

Appears in 1 contract

Samples: Agreement

Annuity Withdrawal. Members of the Macomb County Employees’ Retirement System may elect to take an Annuity Withdrawal. The utilization of this option actuarial equivalent shall be governed determined on the basis of the interest rate established by any applicable Annuity Withdrawal provisions of the Pension Benefit Guaranty Corporation, or, if such a rate is unavailable, by the Macomb County Employees’ Retirement System OrdinanceOrdinance for such annuity withdrawals.

Appears in 1 contract

Samples: Agreement

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