Age 62 definition

Age 62 means: (i) if the Employee’s birthday is on the first or second of the month, the Employee will reach age 62 in that month, and (ii) if the Employee’s birthday is after the second of the month, the Employee will reach age 62 the following month.
View Source
Age 62 means, with respect to each Participant, the first day of the calendar month coincident with or following his 62nd birthday.
View Source

Examples of Age 62 in a sentence

  • Age 62 and 10 years of service (see definition of “62/10 Retirement Eligibility”) Vesting Date All of your Target PSUs will vest and convert into Shares in accordance with Section 2 and shall not be subject to the Post-Vest Holding Period.

  • Normal retirement 65 years (Before 1/1/2002) Age 62 with 8 years of service or “Rule of 85" (Effective 1/1/2002) Retirement benefit formula (annual) 2.0% X yrs svc X ave.

  • Age 55 - 60 $10,500 Age 61 8,500 Age 62 6,500 Age 63 4,500 Age 64 2,500 The above package will apply only to those employees actively working on a continuous basis for the Company at the time of severance.

  • New employees hired on or after January 1, 2013 who meet the definition of new member as per the Public Employees’ Pension Reform Act (PEPRA) shall receive the modified new benefit formula of 2% at Age 62.

  • Age 62 and 10 years of service (see definition of “62/10 Retirement Eligibility”) Vesting Date All of your Target PSUs will vest and convert into Shares in accordance with Section 2.

  • Age 62 and 10 years of service (see definition of “62/10 Retirement Eligibility”) Vesting Date All of your unvested RSUs will vest and convert into Shares on the Vesting Date in accordance with Section 2.

  • The biographical data of the proposed Adjudicator is as follows:- Education:- BSc., B.E. (Civil) Experience- 40 years Age- 62 years Nationality- Indian Present position- Retired Govt.

  • Those civilian, as defined by State Law and as determined by CalPERS, employees first employed by the District on or after January 1, 2013 shall receive the two percent (2%) at Age 62 Miscellaneous Retirement Plan.

  • Age 62 or under Your 65th birthday or the date the 42nd Monthly Benefit is payable, if later.

  • Age 62 and 10 years of service (see definition of “62/10 Retirement Eligibility”) Vesting Date All of your unvested RSUs will vest and convert into Shares in accordance with the schedule set forth in Section 2.

Related to Age 62