Minimum Disability Retirement Pension definition

Minimum Disability Retirement Pension means the minimum amount of monthly Pension payable upon his Disability Retirement to a Participant who was covered by the Prior Plan immediately prior to the Effective Date, who has remained in continuous employment with the Employer since the Effective Date, who is eligible for a Disability Retirement Pension under Section 10.03, and who meets any other requirements specified in this Article XIII.

Examples of Minimum Disability Retirement Pension in a sentence

  • Effective January 1, 2006, but only for Participants who incur a Termination of Employment on or after such date, Section 13.05(e) of the Plan is amended to provide as follows:(e) Minimum Disability Retirement Pension.

  • The General Manager read the Recommendation from the Committee of the Whole/Closed Session as follows: 20.1 CONSIDERATION OF TENDERS: CONSTRUCTION OF THREE CAR PARKS- VARIOUS LOCATIONS COUNCIL RESOLUTION THAT 1.

  • On the basis of test scores, students are placed in basic, developmental, or college-level courses.

  • Provided, further, however, that Section 7.02 shall apply with respect to any Appendix to Article XIII.(c) A Participant who is entitled to a Minimum Normal Retirement Pension, a Minimum Early Retirement Pension, a Minimum Disability Retirement Pension, a Minimum Deferred Vested Pension or a Minimum Death Benefit, as such terms are defined in Section 13.01, under Article XIII as in effect prior to January 1, 1989 shall continue to be entitled to such minimum benefits.

Related to Minimum Disability Retirement Pension

  • Disability retirement for plan 1 members, means the period

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • war disablement pension means any retired pay or pension or allowance payable in respect of disablement under an instrument specified in section 639(2) of the Income Tax (Earnings and Pensions) Act 2003;

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Retirement Age means the earlier to occur of:

  • 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.

  • Disability Benefit means the benefit set forth in Article 8.

  • Disability/Disabled means because of Injury or Sickness you are unable to perform the material duties of your Regular Occupation, or are receiving disability benefits under the Employer's plan, during the initial 9 months of Disability. Thereafter, you must be unable to perform all of the material duties of any occupation which you may reasonably become qualified based on education, training or experience, or are subject to the terms of a Rehabilitation Plan approved by the Insurance Company.

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

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

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Service-disabled veteran means a veteran, as defined in 38 U.S.C. 101(2), with a disability that is service-connected, as defined in 38 U.S.C. 101(16).

  • Termination Benefit means the benefit set forth in Article 7.

  • Early Retirement Age means the date that the Executive has attained age 55 and completed seven Years of Service.

  • Pregnancy disability means a pregnancy-related medical condition or miscarriage.

  • 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.