Plan 6 Participants Sample Clauses

Plan 6 Participants. (i) A Plan 6 Participant who meets the requirements of a Normal Pension commencing on or after July 1, 1998, shall receive a monthly amount equal to the product of $29.00 multiplied by the number of his years of Credited Service, up to ten, plus $35.50 multiplied by the number of his years of Credited Service, in excess of ten, payable in the form of a Basic Pension commencing as of his Normal Retirement Date. The preceding sentence shall apply to a Plan 6 Participant who works in Covered Employment and earns a year of both Eligibility Service and Credited Service on or after July 1, 1998. All other Participants shall receive a benefit in accordance with the provisions of the Plan in effect on the date the Plan 6 Participant last earned one year of both Eligibility Service and Credited Service.
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Plan 6 Participants. A Plan 6 Participant who meets the requirements for a Disability Pension on or after October 1, 1983, shall receive the amount of a Normal Pension computed as of the date he meets the eligibility requirements for a Disability Pension, payable in the form of a Basic Pension.

Related to Plan 6 Participants

  • Participants The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

  • Eligible Participants Families and individuals experiencing homelessness. For the purposes of the Program, families and individuals are considered to be homeless only when he/she/they lack(s) a fixed, regular and adequate nighttime residence and reside(s) in a place not meant for human habitation, such as cars, parks, sidewalks, abandoned buildings, motels, or other shelters, or for reference as further defined in 24 CFR Part 578.3 and 576.2.

  • Eligible Employees Regular and probationary, full time and less than full-time employees (on a pro rata basis) are eligible to participate in this program. Sec. 903 COURSES ELIGIBLE: The following criteria will be used in determining eligibility for reimbursement:

  • Broad Participation Retirement Fund A fund established in The Bahamas to provide retirement, disability, or death benefits, or any combination thereof, to beneficiaries that are current or former employees (or persons designated by such employees) of one or more employers in consideration for services rendered, provided that the fund:

  • Plan B The Trustees are directed to modify Plan B in a similar manner and with similar effect as in Plan A. In addition, the existing provisions governing the operation of Plan B shall continue as follows:

  • Participant See Section 7(a) hereof.

  • Plan A An employee shall receive Maternity Leave of seventeen (17) weeks and Parental Leave of thirty-seven (37) weeks without pay, subject to the following conditions:

  • Retirement Options The Xxxxxxx Community College Board of Trustees may at its discretion grant one of the following retirement incentive plans to eligible faculty. The unit member must elect and may participate in only one of the three following retirement plans:

  • Narrow Participation Retirement Fund A fund established in Guernsey to provide retirement, disability, or death benefits to beneficiaries that are current or former employees (or persons designated by such employees) of one or more employers in consideration for services rendered, provided that:

  • Number of Participants 4. The Grantee shall establish written policies and procedures governing all State Aid Commitment Diversion programs and services Grantee provides.

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