A Participant who attains his or her Early Retirement Date will become fully vested, regardless of any vesting schedule which otherwise might apply.
Retirement means your retirement on an Early Retirement Date or on or after your Normal Retirement Date, as those terms are defined in The Empire District Electric Company Employees Retirement Plan.
Upon such Normal Retirement Date or Early Retirement Date, all amounts credited to such Participant's Combined Account shall become distributable.
Every Participant may terminate employment with the Employer and retire for purposes hereof on the Participants Normal Retirement Date or Early Retirement Date.
An Executive will be 100% vested in his Retirement Income Benefit if he is an Executive on or after attaining his Early Retirement Date or Normal Retirement Date and will be 100% vested in his Pre-Retirement Death Benefit if he dies while an Executive.
More definitions of Early Retirement Date
Early Retirement Date means the date the Executive attains age 55 and has completed 10 or more years of continuous service with the Company.