Delayed Retirement Benefit definition

Delayed Retirement Benefit means the benefit payable under the Delayed Retirement section.
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Delayed Retirement Benefit means the benefit to which a Participant is entitled at his Delayed Retirement Date.
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Delayed Retirement Benefit means a monthly benefit payable in the Normal Form as determined pursuant to Article III.
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Examples of Delayed Retirement Benefit in a sentence

  • Delayed Retirement BenefitThe amount of your monthly Delayed Retirement Benefit is calculated and paid in the same way as the Normal Retirement Benefit.

  • This Cost-Of-Living section shall apply to each Participant who (i) is a Retired Participant, (ii) was a Tier III Eligible Employee, and(iii) has been receiving benefit payments for at least 1 year if the Participant would have qualified for an Early Retirement Benefit, Normal Retirement Benefit, Delayed Retirement Benefit, or Disability Retirement Benefit, if the Participant had not been a Tier III Eligible Employee.4.05.

  • Garner shall be 22 years with a maximum Delayed Retirement Benefit of 65% of his Final Average Compensation offset by the benefits described in Section 4.2(a)(2) and Section 4.2(a)(3).

  • Your Normal Retirement Benefit actuarially increased to your Delayed Retirement Date.Your Delayed Retirement Benefit can be paid under the same payment options as those explained in the Section titled How Your Benefit Is Paid.

  • Any Participant who ceases to be an Employee after the Participant's Normal Retirement Date shall be entitled to a Delayed Retirement Benefit as set forth in the Normal And Delayed Retirement Benefits article.

  • Social Security Benefit Affected by WEP and Early or Delayed Retirement Benefit Begins at Age 6221Benefit Begins at Full Retirement Age (66 Years and 10 Months) Benefit Begins at Age 7022Benefit without WEP reduction or adjustment for early or late retirement $1,537.60 $1,537.60 $1,537.60Benefit with WEP reduction$1,288.60$1,288.60$1,288.60Percentage adjustment for early or late retirement -29.17% 0% +25.3%Adjustment for early or late retirement-$375.80 11.

  • In no event shall the Participant's Delayed Retirement Benefit be less than the amount determined by this subsection (e).

  • After a successful installation, a new entry on the “Start”/“Program” menu is available; it includes the link to PowerSoft, the Configurator and to the relevant uninstalling program.After the installation, PowerSoft is available with a minimum configuration (no synoptic page, no connected instrument, etc.), therefore the configuration program “Configurator.exe”.If Powersoft is entered before the configuration process, a login as Administrator is mandatory to exit the program itself (see paragraph 2.4).

  • A Pension Enhancement Option is available to you on or after the date you commence to receive a Normal, Early, of Delayed Retirement Benefit.

  • Such a 1-tree can be constructed by finding a minimum spanning tree on the entire network excluding vertex 1 and its corresponding edges, and by adding to the minimum spanning tree the two edges incident to vertex 1 of minimum cost.We observe that any traveling salesman tour is a 1-tree tour in which each vertex has a degree 2.


More Definitions of Delayed Retirement Benefit

Delayed Retirement Benefit means the
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Delayed Retirement Benefit means, with respect to a Participant, an annual amount equal to (A) minus (B) where:
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Delayed Retirement Benefit means a Participant's Accrued Retirement Benefit payable as an actuarially equivalent (i) 50% joint and survivor annuity if theParticipant is married one year or more at the annuity start date (ii) a life annuity for other recipients or (iii) such other optional form of benefit which the Participant shall have effectively elected, as provided in Article 5 commencing as of the first day of the month next following his Delayed Retirement Date.
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Related to Delayed Retirement Benefit

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

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

  • Retirement Benefit means the benefit set forth in Article 5.

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

  • Early Retirement Benefit means the retirement benefit payable to a member following early

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

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • 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.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • 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.

  • Disability Benefit means the benefit set forth in Article 8.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • 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.

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

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

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Service benefit means the credit toward retirement benefits as determined by the

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

  • 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).

  • Change in Control Benefit means the benefit described in Section 2.4.

  • Retirement Age means the earlier to occur of:

  • 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.

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.