Examples of Early Retirement Age in a sentence
Benefit payments may begin as early as Early Retirement Age (age 50 with five years of vesting service) and are reduced 6% per year for each year and par- tial year prior to Normal Retirement Age.
More Definitions of Early Retirement Age
Early Retirement Age means the date that the Executive has attained age 55 and completed seven Years of Service.
Early Retirement Age means the early retirement age specified in Subsection 1.14(b) of the Adoption Agreement, if any.
Early Retirement Age. Means the age specified in the Adoption Agreement. The Plan will not have an Early Retirement Age if none is specified in the Adoption Agreement.
Early Retirement Age means the Participant’s (1) attainment of age 55 and completion of ten (10) years of service with the Corporation or an Employing Company, or (2) completion of thirty (30) years of service with the Corporation or an Employing Company.
Early Retirement Age means the Executive's 55th birthday, provided he has completed at least 20 Years of Service.
Early Retirement Age means the date a Participant satisfies the age and service requirements for early retirement, if any, specified in the Adoption Agreement. Upon reaching his Early Retirement Age, a Participant's right to his account balance shall be nonforfeitable, notwithstanding the Plan's vesting schedule. If a Participant separates from service before satisfying the age requirement for early retirement, but has satisfied the service requirement, the Participant will be entitled to elect to receive an early retirement benefit upon satisfaction of such age requirement.