Mandatory Retirement Date means the compulsory retirement date, if any, established by the Company for those executives of the Company who, by reason of their positions and the size of their nonforfeitable annual retirement benefits under the Company’s pension, profit-sharing, and deferred compensation plans, are exempt from, the provisions of the Age Discrimination in Employment Act, 29 U.S.C. Sections 621, et seq., which date shall not in any event be earlier for any executive than the last day of the month in which such Executive reaches age 65.
Mandatory Retirement Date means the last day of the Plan Year in which a participant has reached the age of 72. Such Mandatory Retirement Date may be extended upon the majority vote of the Boards of Directors of the AIM Funds.
Mandatory Retirement Date means the date of the first meeting of stockholders of USB at which directors are elected, following the date on which the Director reaches the mandatory retirement age set forth in USB’s bylaws, which is currently age seventy-five (75).
Examples of Mandatory Retirement Date in a sentence
This includes Members who retire as of a Voluntary Retirement Date (20 Years of Service) and Members who are retired as of a Mandatory Retirement Date (age 65, age 50 in the discretion of the Police Commission, or retirement on account of Duty Disability).
More Definitions of Mandatory Retirement Date
Mandatory Retirement Date means the first day of the month following the month in which the Executive attains age 70, or such later date as may be determined by the Board.
Mandatory Retirement Date means the date of your Termination, if all of the following conditions are satisfied: (i) you are an officer of AEP subject to mandatory retirement at age 65, and (ii) your employment with AEP Terminates on the date you attain age 65 or such later date specified by resolution of the Board of Directors of AEP (or such person or committee to whom the Board delegates the authority to make such determinations) adopted prior to the date you attain age 65.
Mandatory Retirement Date means the last day of the Plan Year in which a Director has reached the age of 72.
Mandatory Retirement Date means, in relation to an MPF Member, the date of his 65th birthday.
Mandatory Retirement Date means the first day of the calendar month which next follows the date of notification to the Board of Administration by the General Manager of the Department of Water and Power that an employee is not physically or mentally fit to continue his or her duties as an employee of the Department as provided in Section II E of the Plan.
Mandatory Retirement Date means a date as of which a Member is retired because
Mandatory Retirement Date means the last day of the month in which a judge has attained 70 years of age.