Normal Retirement Benefit means the benefit described in Section 2.1.
Retirement Benefit means the benefit set forth in Article 5.
Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.
Early Retirement Benefit means the retirement benefit payable to a member following early
Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.
Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.
Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;
Plan Benefit means the benefit payable to a Participant as calculated in Article V.
Termination Benefit means the benefit set forth in Article 7.
Disability Benefit means the benefit set forth in Article 8.
Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.
Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.
Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.
Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.
Retirement Age means the earlier to occur of:
Normal Retirement Age means the Executive's 65th birthday.
Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.
Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.
Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.
Disability Retirement Date means the first day of the month following the last day of paid employment;
Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).
Severance from Service Date means the earlier of:
Severance from Employment means severance from employment with the Employer and any Related Entity. However, a Severance from Employment also occurs on any date on which an Employee ceases to be an employee of a public school, even though the Employee may continue to be employed by a Related Employer that is another unit of the State or local government that is not a public school or in a capacity that is not employment with a public school (e.g., ceasing to be an employee performing services for a public school but continuing to work for the same State or local government employer).
Disability retirement for plan 1 members, means the period
Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.
Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.