Common use of Early Retirement Provisions Clause in Contracts

Early Retirement Provisions. A. The Retirement Plan for the employees covered by this agreement shall provide for early retirement from the age of fifty-five (55) years up to sixty (60) years. The minimum benefit for early retirement shall be reduced by 3 percent per year if the employee retires at the age of fifty-eight (58) through fifty-nine (59) years of age. The minimum benefit pension for early retirement shall be reduced by 8 percent per year if the employee retires at the age of fifty-five (55) through fifty- seven (57) years of age plus the reduction described above for age fifty-eight

Early Retirement Provisions. A. A . The Retirement Plan for the employees covered by this agreement shall provide for early retirement from the age of fifty-five (55) years up to sixty (60) yearsyears . The minimum benefit for early retirement shall be reduced by 3 percent per year if the employee retires at the age of fifty-eight (58) through fifty-nine (59) years of age. The minimum benefit pension for early retirement shall be reduced by 8 percent per year if the employee retires at the age of fifty-five (55) through fifty- seven (57) years of age plus the reduction described above for age fifty-eightnine

Early Retirement Provisions. A. The Retirement Plan for the employees covered by this agreement shall provide for early retirement from the age of fifty-five (55) years up to sixty (60) years. The minimum benefit for early retirement shall be reduced by 3 percent per year if the employee retires at the age of fifty-eight (58) through fifty-nine (59) years of age. The minimum benefit pension for early retirement shall be reduced by 8 percent per year if the employee retires at the age of fifty-five (55) through fifty- seven (57) years of age plus the reduction described above for age fifty-eightnine