Disability Retirement Allowance Sample Clauses

Disability Retirement Allowance a member in service who is disabled as a result of an on the-job accident or having completed five (5) years of service, who is disabled by reason of an accidental or non-accidental cause not on the job shall be entitled to disability retirement.
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Disability Retirement Allowance. A. It is hereby agreed that Government Code Section 21292.51 shall remain operative.
Disability Retirement Allowance. The State and CCPOA agree to hold discussions throughout the term of this MOU regarding restructuring of the disability retirement program and the Workers’ Compensation system for State Correctional Peace Officers and Unit 6 employees.
Disability Retirement Allowance. For purposes of this Supplement B, a new Section 4.13 is added to the Plan, as follows:
Disability Retirement Allowance. The Disability Retirement Allowance for a Participant who Retires under Section 3.4 shall be computed as in Section 4.1 of the Plan, based on the Participant's Final Average Compensation and Formula Benefit Service up to the Participant's Disability Retirement Date, without reduction because of commencement of benefit payments before the Participant's Normal Retirement Date; provided, however, such benefit shall be reduced by the amount of any other benefit the Participant is eligible to receive from the Company's Salary Continuation program, Long Term Disability program or any other program or arrangement provided by the Company as the result of such disability (but only to the extent permitted under Code Section 409A). Any Disability Retirement Allowance will be subject to the provisions of Section 5.2 (but not Section 5.3) of the Plan." Exhibit 10.71 FIRST AMENDMENT TO THE NAVISTAR, INC. SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
Disability Retirement Allowance. (a) Any Member in service in the Group A Plan who has not reached their normal retirement date, or any Member in service in the Group B Plan who has not reached retirement eligibility as defined by section (2)(a) of Article IV, and files application for retirement, shall be retired by the Retirement Board on a disability retirement allowance as of the first day of the calendar month next following receipt by the Retirement Board of written application therefor made by the Member; provided that a physician or physicians designated by the Retirement Board shall certify, and the Retirement Board shall find, that such Member is incapacitated, mentally or physically, to perform the work of such Member’s job classification or any other job classification(s) in which a job is available with the Authority and has been offered to such Member by the Authority, and that such Member should be retired; and provided further that such Member has completed four (4) years of creditable service in case of disablement due to an occupational accident or sickness, and has completed six (6) years of creditable service in case of disablement due to any other cause. The surviving spouse of a Member whose death results solely from an injury or injuries sustained in the performance of duty, including, but not limited to, injuries resulting from assault and/or battery, shall upon such death be entitled to the Disability Retirement Allowance to which the Member would have been entitled if at the time of such death the Member had become totally incapacitated, mentally or physically, for the further performance of duty and that such incapacity was likely to be permanent, provided that if the Member had less than four (4) years of creditable service, the surviving spouse shall receive the minimum allowance available under subsection (b) hereof. No Member shall be entitled to receive a disability retirement allowance if the disability results from:
Disability Retirement Allowance. 17 18 a. Whenever an employee terminates employment and is placed on 19 STRS/PERS Disability Retirement/Allowance, the employee shall be 20 placed on the thirty-nine month reemployment list. In the event that 21 within thirty-nine months of termination, the employee becomes able to 22 return to active duty, he/she will be placed in an appropriate position 23 when a vacancy occurs. 24 25 During the time employees who have exhausted all leave and have filed for 26 STRS/PERS Disability Retirement/Allowance are awaiting a response from 27 STRS/PERS, they will be able to continue, at their own expense, the health 28 benefits that they had as active employees. If STRS/PERS Disability/ 29 Retirement Allowance is approved and the employee is eligible for paid retiree 30 benefits, the County Office of Education will reimburse the employee for the 31 cost of premiums paid and deduct the number of months of premium 32 reimbursements from the retiree benefit entitlement balance. If the STRS/PERS 33 Disability Retirement/Allowance is disapproved, then the benefits will be 34 terminated and COBRA notices will be issued. If, pending approval of 35 disability retirement, the employee does not elect to continue benefits at his/her 36 own expense, then upon approval of disability retirement, employee shall be 37 eligible for a lump distribution as provided by SP 4154; however, such 38 employee shall not be eligible to re-enroll in SJCOE benefit plans. 39
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Disability Retirement Allowance. 9.1 A Member who becomes permanently Disabled physically or mentally through illness or injury to the extent that he is physically or mentally disqualified from performing his or her employment with the Employer, for reasons not constituting cause for discharge, shall be eligible for a Disability Retirement Allowance. The determination of the Member’s Disability shall vest with the Retirement Board which shall make its determination based upon medical evidence of permanent disqualification from the job classification held at the time of such Disability.

Related to Disability Retirement Allowance

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Retirement Allowance Prior to issuing notice of layoff pursuant to article 9.08(a)(ii) in any classification(s), the Hospital will offer early-retirement allowance to a sufficient number of employees eligible for early retirement under HOOPP within the classification(s) in order of seniority, to the extent that the maximum number of employees within a classification who elect early retirement is equivalent to the number of employees within the classification(s) who would otherwise receive notice of layoff under article 9.08(a)(ii). An employee who elects an early retirement option shall receive, following completion of the last day of work, a retirement allowance of two weeks' salary for each year of service, plus a prorated amount for any additional partial year of service, to a maximum ceiling of 26 weeks' salary, and, in addition, full-time employees shall receive a single lump-sum payment equivalent to $1,000 for each year less than age 65 to a maximum of $5,000 upon retirement."

  • Vacation Leave on Retirement ‌ An employee scheduled to retire and to receive pension benefits under the Public Service Pension Plan Rules or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service.

  • Long Term Disability Benefit In the event an employee, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for seven (7) months, including periods approved in Section 1.3(a) and (c), he/she shall be eligible to receive a monthly benefit as follows:

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Death, Retirement or Disability Executive’s employment shall terminate automatically upon Executive’s death or Retirement during the Employment Period. For purposes of this Agreement, “Retirement” shall mean normal retirement as defined in the Company’s then-current retirement plan, or if there is no such retirement plan, “Retirement” shall mean voluntary termination after age 65 with ten years of service. If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice of its intention to terminate Executive’s employment. In such event, Executive’s employment with the Company shall terminate effective on the 30th day after receipt of such written notice by Executive (the “Disability Effective Date”), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time performance of Executive’s duties. For purposes of this Agreement, “Disability” shall mean a mental or physical disability as determined by the Board of Directors of the Company in accordance with standards and procedures similar to those under the Company’s employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, “Disability” shall mean the inability of Executive, as determined by the Board, to perform the essential functions of his regular duties and responsibilities, with or without reasonable accommodation, due to a medically determinable physical or mental condition which has lasted (or can reasonably be expected to last) for twelve workweeks in any twelve-month period. At the request of Executive or his personal representative, the Board’s determination that the Disability of Executive has occurred shall be certified by two physicians mutually agreed upon by Executive, or his personal representative, and the Company. Failing such independent certification (if so requested by Executive), Executive’s termination shall be deemed a termination by the Company without Cause and not a termination by reason of his Disability.

  • Pre-Retirement Death Benefit 4.1 (a) Normal form of payment. If (i) the Director dies while employed by the Bank, and (ii) the Director has not made a Timely Election to receive a lump sum benefit, this Subsection 4.1(a) shall be controlling with respect to pre-retirement death benefits. The balance of the Director=s Retirement Income Trust Fund, measured as of the later of (i) the Director=s death, or (ii) the date any final lump sum Contribution is made pursuant to Subsection 2.1(b), shall be annuitized (using the Interest Factor) into monthly installments and shall be payable for the Payout Period. Such benefits shall commence within thirty (30) days of the date the Administrator receives notice of the Director=s death. Should Retirement Income Trust Fund assets actually earn a rate of return, following the date such balance is annuitized, which is less than the rate of return used to annuitize the Retirement Income Trust Fund, no additional contributions to the Retirement Income Trust Fund shall be required by the Bank in order to fund the final benefit payment(s) and make up for any shortage attributable to the less-than-expected rate of return. Should Retirement Income Trust Fund assets actually earn a rate of return, following the date such balance is annuitized, which is greater than the rate of return used to annuitize the Retirement Income Trust Fund, the final benefit payment to the Director=s Beneficiary shall distribute the excess amounts attributable to the greater-than-expected rate of return. The Director=s Beneficiary may request to receive the unpaid balance of the Director=s Retirement Income Trust Fund in a lump sum payment. If a lump sum payment is requested by the Beneficiary, payment of the balance of the Retirement Income Trust Fund in such lump sum form shall be made only if the Director=s Beneficiary notifies both the Administrator and trustee in writing of such election within ninety (90) days of the Director=s death. Such lump sum payment shall be made within thirty (30) days of such notice. The Director=s Accrued Benefit Account (if applicable), measured as of the later of (i) the Director's death or (ii) the date any final lump sum Phantom Contribution is recorded in the Accrued Benefit Account pursuant to Subsection 2.1(c), shall be annuitized (using the Interest Factor) into monthly installments and shall be payable to the Director's Beneficiary for the Payout Period. Such benefit payments shall commence within thirty (30) days of the date the Administrator receives notice of the Director=s death, or if later, within thirty (30) days after any final lump sum Phantom Contribution is recorded in the Accrued Benefit Account in accordance with Subsection 2.1(c).

  • Disability Benefit If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Supplemental Retirement Benefits The terms and conditions for the payment of supplemental retirement benefits are set forth in a separate written agreement between the parties.

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