Disability Pension definition

Disability Pension means the Pension available for a Teacher or Deferred Pensioner with a Disability in accordance with Section 8 .
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Disability Pension means a benefit paid to a member under a plan as a consequence of a member’s disability;
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Disability Pension means, with respect to a Participant, the benefit described in Article VII of the Plan.
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Examples of Disability Pension in a sentence

  • For purposes of this subsection (b) only, the Benefit Commencement Date of a Participant entitled to a Disability Pension shall be the first day such payments commence.

  • Any Member of the Department who retires with a Service-Related Disability Pension shall receive a pension benefit of no less than 66⅔% of Retirement-Eligible Pay.


More Definitions of Disability Pension

Disability Pension means a Pension payable to a Participant as a result of his having incurred Disability.
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Disability Pension means the Pension benefit available for a Member with a Disability in accordance with section 9.
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Disability Pension means the type of Pension described in Section 5.3.
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Disability Pension means the Pension being paid before the Restatement Effective Date to a Terminated Participant as a result of Disability incurred before the Restatement Effective Date and further includes the Pension to which a Participant is entitled under Article 5 after the Restatement Effective Date.
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Disability Pension means the pension acquired before reaching the age of 65 years by a person suffering from a qualified disability whose right to pension is recognized by the applicable legislation.
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Disability Pension means a monthly pension in an annual amount equal to the excess (if any) of (1) 60% of the greater of (x) Executive's annual base salary (excluding incentive or bonus compensation and fringe benefits) during the last complete calendar year prior to his Disability, and (y) Executive's rate of annual base salary (excluding incentive or bonus compensation and fringe benefits) in effect immediately prior to his Disability, over (2) the monthly amount of the Executive's Other Disability Benefits [as defined in Section 11(g)].
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Disability Pension means the pension payable to an eligible Disabled Member as described in 8.04 and 8.05.
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