Examples of Normal Retirement Age in a sentence
For plans subject to section 412(a) of the Internal Revenue Code ("the Code")) Normal Retirement Age ("NRA") is the age selected in the Plan or below in the Adoption Section.
The Accrued Benefit of a Participant who is an Employee upon attainment of Normal Retirement Age shall be one hundred percent (100%) vested.
Service after the last day of the month in which an Executive attains Normal Retirement Age shall be considered in the same manner as is set forth in the SNETMPP.
For one or more of the last three taxable years ending before a Participant’s attainment of Normal Retirement Age, the maximum amount that may be contributed to the Plan pursuant to Sections 3.1, 3.4 and 3.5 hereof on behalf of a Participant, other than by means of a rollover or transfer, shall be the lesser of X or Y.
Benefit Percentage: 60% Maximum Duration of Benefits Maximum Duration of Benefits TableAge When Disabled Benefits PayablePrior to Age 63 To Normal Retirement Age or 42 months, if greater Age 63 To Normal Retirement Age or 36 months, if greater Age 64 30 monthsAge 65 24 monthsAge 66 21 monthsAge 67 18 monthsAge 68 15 monthsAge 69 and over 12 months Normal Retirement Age means the Social Security Normal Retirement Age as stated in the 1983 revision of the United States Social Security Act.