Minimum Normal Retirement Benefit definition

Minimum Normal Retirement Benefit means the amount, if applicable, set forth in the Participant’s Participation Agreement as the minimum normal retirement benefit as described in Section 4.9(a)(ii).
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Examples of Minimum Normal Retirement Benefit in a sentence

  • The Minimum Normal Retirement Benefit as defined in Section 5.1(a)(ii), except that "Capped Future Service" shall be substituted for "Credited Service" in applying the provisions of Section 5.1(a)(ii) and the maximum covered Average Annual Earnings shall be thirty thousand dollars ($30,000) instead of fifteen thousand dollars ($15,000).

  • We also incorporated strategies designed to improve job search persistence following the completion of the REA program.

  • When the modified categorical approach is used to decide whether “a jury was actually required to find all the ele- ments of [a] generic [offense],” the defendant has already enjoyed his Sixth Amendment right to a jury determina- tion of those elements.

  • The Minimum Normal Retirement Benefit is the monthly amount of retirement income for a Participant equal to the Section 5.8(b) Minimum Accrued Benefit as of the Normal Retirement Date.

  • For purposes of Section 4.9(a) of the Plan, the Executive’s Minimum Normal Retirement Benefit is $2,200,168.

  • For purposes of Section 4.9(a) of the Plan, the Executive’s Minimum Normal Retirement Benefit is $1,186,154.

  • For purposes of Section 4.9(a) of the Plan, the Executive’s Minimum Normal Retirement Benefit is $2,271,643.

  • Notwithstanding any other provisions hereof, the amount of the SERP Benefit in Section 4.9(a)(i) shall be subject to all other provisions of the Plan and Participation Agreement, including, without limitation, applicable vesting provisions and disability adjustment, and provisions regarding payment as a result of the application of Section 4.4(b) or (c), and the Minimum Normal Retirement Benefit in Section 4.9(a)(ii) shall be subject to any applicable vesting schedules.

  • In fact,blue oak woodland is a dominant land cover type in watersheds with some of the highest quality salmon habitat left in California (e.g., Battle Creek, Deer Creek, Mill Creek; Figure 3).

  • For purposes of Section 4.9(a) of the Plan, the Executive’s Minimum Normal Retirement Benefit is $1,909,931.

Related to Minimum Normal Retirement Benefit

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

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

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

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

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

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

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

  • 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.

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

  • 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;

  • Retirement Age means the earlier to occur of:

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

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

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

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

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

  • 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.

  • 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.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

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

  • Disability retirement for plan 1 members, means the period

  • 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).

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • Change in Control Benefit means the benefit described in Section 2.4.

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