Normal Retirement Age definition

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

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Normal Retirement Age means age 65.

Normal Retirement Age means the Executive attaining age sixty-five (65).

Examples of Normal Retirement Age in a sentence

If a Change in Control occurs while the Executive is receiving the Normal Retirement Age benefit under section 2.1, the Bank shall pay the remaining salary continuation benefits to the Executive in a single lump sum on the day of the Change in Control.
Unless Separation from Service occurs before Normal Retirement Age, when the Executive attains Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.1 instead of any other benefit under this Agreement.
For Separation from Service because of Disability before Normal Retirement Age, the Bank will pay to the Executive the benefit described in this section 2.3 instead of any other benefit under this Agreement.
Beginning with the month immediately after the month in which the Executive attains Normal Retirement Age, the Bank shall pay the annual benefit to the Executive in equal monthly installments on the first day of each month.
If the Executive’s Separation from Service occurs before Normal Retirement Age, and such Separation from Service is an involuntary termination without Cause or a Voluntary Termination with Good Reason, in either case within 24 months after a Change in Control, the Bank will pay to the Executive the benefit described in this section 2.4 instead of any other benefit under this Agreement.

More Definitions of Normal Retirement Age

Normal Retirement Age means the Director’s 70th birthday.

Normal Retirement Age means age sixty-five (65).

Normal Retirement Age of a Participant means the age designated in the Adoption Agreement.

Normal Retirement Age means the normal retirement age specified in Section 1.07(f) of the Adoption Agreement.

Normal Retirement Age means the age at which a member is eligible to immediately receive a

Normal Retirement Age means the first to occur of the following: (1) Attainment of age 50 years and the completion of 20 or more years of service; (2) while still in covered employment, attainment of at least age 50 years, and when the sum of current age plus years of service equals or exceeds 70 years; (3) while still in covered employment, attainment of at least age 60 years, and completion of five years of service; or (4) attainment of age 62 years and completion of five or more years of service.

Normal Retirement Age means the date you reach age 65. Timing and Form of Payment