Normal Retirement shall definition
Examples of Normal Retirement shall in a sentence
Monthly Benefit - The monthly benefit payable upon death, Disability or Normal Retirement shall be one-twelfth (1/12th) of an amount equal to thirty percent (30%) of the Final Average Compensation of Employee.
A termination by Normal Retirement shall have occurred where your termination is caused by the fact that you have reached normal retirement age for employees in your position.
For purposes of this agreement, "Normal Retirement" shall have the same meaning as provided in the Maytag Corporation Salaried Retirement Plan; provided, however, that "Normal Retirement" shall not include terminations of the Executive by the Company without Cause.
The term "Normal Retirement" shall mean the Executive’s Separation From Service on or after attaining the Normal Retirement Age of sixty-five (65) and for reasons other than a Termination for Cause, because of a Disability, or pursuant to the provisions of Paragraph 5.4.
For the purposes of this section 2(f) "Early Retirement" shall mean the Employee's retirement on a date prior to the Employee's 65th birthday and "Normal Retirement" shall mean the Employee's retirement on or following the Employee's 65th birthday.
The term "Normal Retirement" shall mean the Executive’s Separation From Service on or after attaining the Normal Retirement Age of Sixty-Five (65) and for reasons other than a Termination for Cause, because of a Disability, or pursuant to the provisions of paragraph 5.4.
Normal Retirement shall mean terminating employment with the Company or its subsidiaries on or after attaining age 65.
Normal Retirement shall be 55 years of age and 10 years credited service.
Normal Retirement shall mean terminating employment with the Company or its subsidiaries on or after attaining age [applicable age, 65 or 62 to be inserted].
A Participant who Separates from Service due to Disability before he is eligible for Normal Retirement shall receive or shall begin receiving the Retirement Benefit on the first day of the month coincident or next following the date he attains age 65.