Retirement Age and Dates Sample Clauses

Retirement Age and Dates. Normal retirement is at age 65. The possible retirement dates of a Member and provisions for early retirement shall be governed by the regulations of the Plan.
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Retirement Age and Dates a. For the purpose of the administration of the pension plan, the normal retirement date of a member shall be the first day of July next following the attainment of age sixty- five, unless the member’s sixty-fifth birthday falls on the first day of July, in which case the Normal Retirement Date shall coincide with the Member’s sixty-fifth birthday. However, in accordance with government statutes, retirement is not mandatory.

Related to Retirement Age and Dates

  • Pay Dates Pay dates shall be on the fifteenth (15th) and the last day of each month.

  • Retirement Date If the Executive remains in the continuous employ of the Bank, the Executive shall retire from active employment with the Bank on the Executive’s sixty-fifth (65th) birthday, unless by action of the Board of Directors this period of active employment shall be shortened or extended.

  • EFFECTIVE AND TERMINATING DATES A) This Agreement shall be effective from April 1, 2012 – March 31, 2014 and shall remain in force and be binding upon the parties until and thereafter until a new Agreement has been ratified.

  • Retirement Age It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 or at the end of the current year, if the individual is already 58 or older.

  • MEMBERS OF DIPLOMATIC MISSIONS AND CONSULAR POSTS Nothing in this Agreement shall affect the fiscal privileges of members of diplomatic missions or consular posts under the general rules of international law or under the provisions of special agreements.

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • Normal Retirement Date The term “Normal Retirement Date” means “Normal Retirement Date” as defined in the primary qualified defined benefit pension plan applicable to the Executive, or any successor plan, as in effect on the date of the Change in Control of the Company.

  • Anniversary Dates Except as may otherwise be provided for in deep class resolutions, anniversary dates will be set as follows:

  • Entry Date The Entry Date shall mean:

  • 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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