Early Retirement Program definition

Early Retirement Program means that certain offer under the Collective Bargaining Agreements that provided certain benefits to any represented Business Employee who submitted an intention to retire between August 1 and August 14, 2003, inclusive, and who retired on or prior to August 31, 2003.

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Early Retirement Program means a voluntary or elective arrangement for an employee to retire before attaining FRA. Such a program or election will provide incentives as provided in a written agreement between the University and the retiree, consistent with the provisions of this policy.

Early Retirement Program means an early retirement program approved by the Board of Directors of the Bank of Canada.

Examples of Early Retirement Program in a sentence

• The present value of the future Retirement Severance Pay Benefits and Early Retirement Program Plan benefits will be reduced by the Social Security and Medicare taxes (FICA) that would have been payable if the Severance Benefits and Retirement Bridge had been paid directly to the employee.

• The ISTA Financial Services Corporation has been selected to determine the present value of the unfunded Retirement Severance Pay Benefits and the Early Retirement Program benefits described in the Prior Agreement.

• If an employee shall die, the deceased employee’s 401(a) Retirement Severance and Early Retirement Program Buyout Plan account shall be distributable to the decedent’s designated beneficiary or to his/her estate if no beneficiary designation has been made.

• All costs incurred in the administration of the 401(a) Retirement Severance and Early Retirement Program Buyout Plan and investment fees shall be paid from the 401(a) Retirement Severance and Early Retirement Program Buyout Plan assets.

• The School Corporation shall not be paid any compensation for its services performed on behalf of the 401(a) Retirement Severance and Early Retirement Program Buyout Plan.

• If an employee retires or otherwise terminates employment before satisfaction of the requirements set forth in Subsection A of this Article, for any reason, the terminated employee’s 401(a) Retirement Severance and Early Retirement Program Buyout Plan account shall be forfeited.

• The Early Retirement Program will be reviewed annually through the negotiation process; however, for any retiree already in the program, the provisions of the program in effect at the time of retirement shall be guaranteed.

• Through a collaborative partnership between San Diego Unified School District and California Schools VEBA, we’re excited to announce the VEBA Early Retirement Program.

• If the Early Retirement Program is discontinued for all eligible employees of the HCSB, it is understood that it will be eliminated from this agreement between HUSW and the SBHC.

• See Appendix D, "Voluntary Early Retirement Program", which is attached hereto and which forms part of this Collective Agreement.

More Definitions of Early Retirement Program

Early Retirement Program means the GenCorp 1996 Voluntary Early Retirement Incentive Program (effective January 16, 1996).

Early Retirement Program means a voluntary or elective arrangement for an employee to retire before the normal retirement age of 65. Such a program or election will provide incentives as provided in a written agreement between the University and the retiree, consistent with the provisions of this policy.