Early Retirement Benefit means the Retirement benefit determined under Section 5.2 of this Appendix A upon Employee's Retirement prior to his Normal Retirement Date.
Early Retirement Benefit means the retirement benefit payable to a member following early retirement and is the actuarial equivalent of the accrued portion of the member's service retirement benefit.
Examples of Early Retirement Benefit in a sentence
If applicable, the Early Retirement Benefit provisions may be elected.
Upon an Independent Trustee's Retirement prior to his Normal Retirement Date, the Independent Trustee shall receive an Early Retirement Benefit commencing on the Independent Trustee's date of Retirement.
Determining Your Benefit Amount Your Reduced Early Retirement Benefit is based on your benefit amount.
Options for a Reduced Early Retirement Benefit There are two options available for you to choose how to receive your benefit amount: Lifetime and Joint and Survivor.
Payment for insurance benefits may be deducted from Early Retirement Benefit payments or made on a monthly basis and submitted to the Business Office of the School Corporation.
More Definitions of Early Retirement Benefit
Early Retirement Benefit. Early Retirement Benefit means the benefit described in Section 4.2.
Early Retirement Benefit means the benefit described in Section 2.2.
Early Retirement Benefit means the Monthly Retirement Benefit Unit multiplied by each calendar year of full-time, active service with Employer completed subsequent to _________ and as of the December 31st immediately prior to attainment of Early Retirement Age.
Early Retirement Benefit means the Annual Base Formula Retirement Benefit, as set forth in Section 6(A) and 6(B), reduced to its equivalent actuarial value from age 62 to the date of initial payment to the Participant based on the early retirement factors in paragraph 3.3(c)(2) of the General Retirement Plan, and subsequently adjusted for any further reduction required under Section 6(C).
Early Retirement Benefit means the benefit payable pursuant to Section 4.2.
Early Retirement Benefit means the benefit payable to Executive upon Separation from Service after attainment of Executive’s sixtieth (60 th) birthday but prior to his Normal Retirement Date.
Early Retirement Benefit means the annual benefit payable to a Participant under Section 7(B) hereof.