Pension Date definition

Pension Date means the Pension Date selected or to be selected by the Member…”

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Pension Date the effective start date of Income Withdrawal or Drawdown Pension under Rule 10;

Pension Date means the date described in clause 19.

Examples of Pension Date in a sentence

An employee's Pension benefits will be actuarially reviewed effective as at the Pension Date having regard to the employee's Pension having been deferred since his normal retirement date.
The employee's Pension will include any escalation benefits which occur from his normal retirement date to his Pension Date.
The employee's Pension shall become payable as of the first day of the month immediately following the month the employee ceased to be employed with the Company or as of the first day of the month immediately preceding the employee's seventy-first (71) birthday, whichever shall first occur (the "Pension Date").
The employee’s Pension will include any escalation benefits which occur from his normal retirement date to his Pension Date.
The Supplier or Relevant Sub-contractor will bear the cost of any actuarial assessment required in order to assess the employer's contribution rate and Bond value in respect of any Eligible Employee who elects to join the LGPS on or after the Effective Pension Date.
If payment of the Deferred Pension begins before or after the Normal Pension Date, its amount and terms and conditions and the amount of any benefit payable on the Member's death shall be determined by the Trustees having regard to the advice of the Actuary and the contracting-out requirements of the Pensions Act and shall be notified in writing to the Member.
Where the Supplier or Relevant Sub-contractor wishes to offer the Eligible Employees membership of the LGPS, the Supplier shall or shall procure that it and/or each Relevant Sub-contractor shall enter into an Admission Agreement to have effect from and including the Effective Pension Date or, if the Relevant Transfer occurs after the Effective Pension Date, from and including the date of that Relevant Transfer.
On the retirement of a Member from Service at the Normal Pension Date he shall be entitled to an annual pension equal to the Scale Pension.
A Member shall not be permitted to select an alternative date under this Sub-rule: (a) unless the Principal Employer agrees and he gives the Trustees any evidence of his present health which they may require, or (b) if it would result in the pension payable under the Scheme to him or to his widow or widower being less than the Guaranteed Minimum, or (c) if he is in Service and the alternative date is before his Normal Pension Date.
The Deferred Pension shall increase after Normal Pension Date on the basis set out in Rule 6 as if it were the Normal Retirement Pension.

More Definitions of Pension Date

Pension Date means in respect of any particular Scheme Member the date described in the Records as being his Pension Date

Pension Date is the effective start date of an annuity or income withdrawals under an arrangement. Each separate arrangement may have a different pension date.

Pension Date means the date specified on the schedule. It will be the normal retirement date of the Member under the Scheme just before the Date of Commencement.

Pension Date means the first day of the calendar month in which the Employee retires in accordance with the terms of this Plan, or Permanent disability is finally established.

Pension Date means the first day of the month in which the employee retires in accordance with the terms of the plan or the first day of the month in which the employee's permanent disability is finally established, provided the employee's written application is received by the Pension Board not later than the end of the month following the month of such retirement or establishment of permanent disability; otherwise the pension dates shall be the first day of the subsequent month in which said written application is received by the Pension Board.

Pension Date in relation to a member means the day before his 65th birthday or such day as may be notified to the member in writing by the Company.”