Old Age Security Date definition

Old Age Security Date means the first day of the month in which the employee or first becomes eligible (or could become eligible but for some act or failure to act by him or by another on his behalf, such as leaving Canada, failing to make timely application or failing to notify the proper authority of his address), for the benefit under the Old Age Security Act, Canada, as in effect on the day of April,
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Old Age Security Date means the first day of the month in which the Member first becomes eligible (or could become eligible but for some act or failure to act by him or by another on his behalf, such as leaving Canada, failing to make timely application or failing to notify the proper authority of his address), for benefit under the Old Age Security Act, Canada. '"Pension Board means the officials of the Company who have been designated and authorized by the Board of Directors of the Company to act on behalf of the Company in accordance with the provisions of Section "Pian-Year" means a twelve (12) month period beginning on January and ending on December
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Examples of Old Age Security Date in a sentence

  • The amount of such Supplemental Allowance to be determined by multiplying the Supplemental Benefit Rate as set forth in the Pension Benefit Rates according to Article XV by the number of years of credited service up to a maximum of thirty years of service less the amount of any Statutory Benefit to which the may be or becomes eligible for prior to his Old Age Security Date, excluding any reduced regular benefit the may be in receipt of.

  • The Supplemental Benefit Rate shall depend on the Member's Date of Determination and shall be as follows: Date of Supplemental Determination Benefit Rate On or after June 1, 1996 $9.50 The Supplemental Pension shall be reduced by the amount of Statutory Benefit to which the Member may be or becomes eligible for prior to his Old Age Security Date.

  • The Supplemental Benefit Rate shall depend on the Member's Date of Determination and shall be as follows: INTERNAL Date of Supplemental Determination Benefit Rate On or after June 1, 1996 $9.50 The Supplemental Pension shall be reduced by the amount of Statutory Benefit to which the Member may be or becomes eligible for prior to his Old Age Security Date.

  • Each monthly payment of the basic pension whether becoming payable before, on, or after the Old Age Security Date, is to be reduced by the lesser of or (ii) below.