Common use of Normal Retirement Clause in Contracts

Normal Retirement. Normal Retirement date is the first day of the month coincident with or next following age 65. On retirement at Normal Retirement date, the Member shall be entitled to a pension from the Defined Benefit Pension Plan, subject to adjustment under Section 7 of Part B, equal to his/her Accrued Retirement Pension as determined at the date of retirement.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Normal Retirement. Normal Retirement date is the first day of the month coincident with or next following age 65. On retirement at or after Normal Retirement date, the Member shall be entitled to a pension from the Defined Benefit Pension Plan, subject to adjustment under Section 7 of Part Bsections 9 and 12, equal to his/her their Accrued Retirement Pension as determined at the date of retirement.

Appears in 2 contracts

Samples: Agreement, static1.squarespace.com

Normal Retirement. Normal Retirement date is the first day of the month coincident with or next following age 65. On retirement at Normal Retirement date, the Member shall be entitled to a pension from the Defined Benefit Pension Plan, subject to adjustment under Section 7 6 of Part B, equal to his/her Accrued Retirement Pension as determined at the date of retirement.

Appears in 2 contracts

Samples: Guaranteed Wage Plan, Guaranteed Wage Plan

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Normal Retirement. Normal Retirement date is the first day of the month coincident with or next following age 65. On retirement at or after Normal Retirement date, the Member shall be entitled to a pension from the Defined Benefit Pension Plan, subject to adjustment under Section 7 of Part B, sections and equal to his/her Accrued Retirement Pension as determined at the date of retirement.

Appears in 1 contract

Samples: Agreement

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