Early Retirement Benefit definition

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

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

• A surcharge contribution of $0.15 per hour negotiated to fund the Permanent Unreduced Early Retirement Benefit at Age 55 applies to basic hourly contribution rates in effect prior to January 1, 1993.

• Once a Pension Agreement provides for the Permanent Unreduced Early Retirement Benefit and the related surcharge contribution, all renewals of that Pension Agreement must also provide for the Permanent Unreduced Early Retirement Benefit and surcharge contributions.

• To the full extent permitted by applicable law, the amount of the Special Early Retirement Benefit shall be frozen as of December 31, 2010 for Employees of any Employer other than a FIP Compliant Employer and shall not be increased by later Hours of Service in Covered Employment.

• After December 31, 1992, the Reduced Early Retirement Benefit at age 50 will no longer be available to any Participant.

• To the full extent permitted by applicable law, the amount of the Early Retirement Benefit shall be frozen as of December 31, 2010 for Employees of any Employer other than a FIP Compliant Employer and shall not be increased by later Hours of Service in Covered Employment.

More Definitions of Early Retirement Benefit

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 benefit payable pursuant to Section 4.2.

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 described in Section 4.3.

Early Retirement Benefit. Early Retirement Benefit means the benefit described in Section 4.2.

Early Retirement Benefit means the annual benefit payable to a Participant under Section 7(B) hereof.