Examples of Normal Retirement Date in a sentence
If a Member dies while an Employee after the Member’s Normal Retirement Date a lump sum benefit is payable in respect of the Member calculated as provided in the Participation Schedule.
Participants retiring before the Normal Retirement Date are excluded.Amount of Increase: 1.0% compounded annually granted on the anniversary of retirement.
A Member may retire as provided in the Retirement Pension Plan following such termination date and receive the Retirement Allowance determined as of the termination date, provided, that such allowance shall be adjusted as provided in the Retirement Pension Plan if it is paid in a form other than a life annuity or commences on a day other than the Member’s Normal Retirement Date, as defined in the Retirement Pension Plan.
If a Member ceases to be an Employee after the Normal Retirement Date the Member is entitled to a pension payable on the conditions and calculated as provided in the Participation Schedule.
Participants retiring before the Normal Retirement Date are excluded.Amount of Increase: 1.5% compounded annually granted on the anniversary of retirement.