Common use of Payment of Retirement Benefits Clause in Contracts

Payment of Retirement Benefits. Except as otherwise provided herein, the benefit at retirement is paid as calculated by the Fiscal Services Office of the Diocese and as approved by the Xxxxxx as of the date of retirement and monthly thereafter on the first day of each month for the life of the priest (but cf. 7.4 infra).

Appears in 3 contracts

Samples: Retirement Plan Agreement, Retirement Plan Agreement, Retirement Plan Agreement

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Payment of Retirement Benefits. Except as otherwise provided herein, the benefit at retirement is paid as calculated by the Fiscal Services Office of the Diocese and as approved by the Xxxxxx as of the date of retirement and monthly thereafter on the first day of each month for the life of the priest (but cf. 7.4 infra)priest.

Appears in 1 contract

Samples: Priest Retirement Plan

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