Deferred Retirement Age definition

Deferred Retirement Age means the first day of any month following the date of a Local 234 Participant’s Regular Retirement Age.
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Deferred Retirement Age means the earlier of (1) attainment of age 70 or (2) termination of employment form Wachovia.
Sample 1
Deferred Retirement Age means the earlier of (1) attainment of age 70, or (2) termination of employment from SouthTrust."
Sample 1

Examples of Deferred Retirement Age in a sentence

  • In the alternative, such Senior Officer Participant may elect to receive payment, upon attainment of his Deferred Retirement Age in quarterly or annual installments over a period not to exceed fifteen years, such installments to commence on the first day of the quarter next following the attainment of Deferred Retirement Age, or as soon as administratively possible thereafter, and to continue until the entire Deferred Retirement Account is paid in full.

  • See Article III, Section 1(A)(iii).o OPTION D: Deferred (Retirement Age) Installment Payments - Quarterly installment payments of payments (no less than 4 nor more than 40) commencing after the first day of the calendar quarter following the later of the date of my Separation from Service or my th birthday.

  • This approach should help to mitigate the risk of paying resources to the Government.

  • Such Senior Officer Participant may elect the alternative payment by notifying Wachovia in writing at any time prior to the beginning of the Plan Year in which he attains Deferred Retirement Age.

  • Such Senior Officer Participant may elect the alternative payment by notifying HRD in writing at any time prior to the beginning of the Plan Year in which he attains Deferred Retirement Age.

  • Such deferred amount shall be credited to a 'Deferred Retirement Account' to be payable in cash and in one lump sum payment on or before the 30th day following his Deferred Retirement Age, or as soon as administratively possible thereafter.

  • Such deferred amount shall be credited to a ‘Deferred Retirement Account’ to be payable in cash and in one lump sum payment on or before the 30th day following his Deferred Retirement Age, or as soon as administratively possible thereafter.

  • Each Active Participant remaining employed beyond his/her Normal Retirement Date shall be entitled to receive a benefit commencing as of his/her Deferred Retirement Age equal to the Actuarial Equivalent of his/her Accrued Benefit in the Normal Form as of his/her Deferred Retirement Age, determined pursuant to the provisions of Section 3.02.

Related to Deferred Retirement Age

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Retirement Age means the earlier to occur of:

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Severance from Service Date means the earlier of:

  • Disability retirement for plan 1 members, means the period

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Approved Retirement means any voluntary termination of employment that occurs on or after the date on which the sum of your age and years of employment with Deluxe and/or its Affiliates equals at least seventy-five (75) and that is approved by the Compensation Committee of the Board.

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • Early Retirement Age means the date that the Executive has attained age 55 and completed seven Years of Service.

  • Qualified Retirement means the Participant’s voluntary termination of Service after reaching age 65 and completing 10 years of service with the Company, its Subsidiaries or predecessors.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Separates from Service or “Separation from Service” means the Participant’s termination of service as a non‑employee director and as an employee of UGI for any reason other than death and shall be determined in accordance with section 409A of the Code.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Severance from Employment means severance from employment with the Employer and any Related Entity. However, a Severance from Employment also occurs on any date on which an Employee ceases to be an employee of a public school, even though the Employee may continue to be employed by a Related Employer that is another unit of the State or local government that is not a public school or in a capacity that is not employment with a public school (e.g., ceasing to be an employee performing services for a public school but continuing to work for the same State or local government employer).

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Late Retirement Date means the first day of the month coinciding with or next following a Participant's actual Retirement Date after having reached his Normal Retirement Date.

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • Termination Benefit means the benefit set forth in Article 7.