Postponed Retirement definition

Postponed Retirement. — means the date after a Participant’s Normal Retirement on which the Participant can elect to receive retirement benefits from the Pension Plan.
Postponed Retirement means the Participant's actual retirement date after Normal Retirement.
Postponed Retirement means the Participant’s Separation from Service after his Normal Retirement Date.

Examples of Postponed Retirement in a sentence

  • The postponed retirement benefit shall not be paid to Executive until the Postponed Retirement Date.

  • Payment of benefits to the Participant shall commence as of the later of the Participant's Normal Retirement Date or his Postponed Retirement Date.

  • The date of the Member's actual retirement in accordance with this paragraph shall be his Postponed Retirement Date.

  • Terminated employees can receive their pension on their normal retirement date but may, with the Foundation's consent, elect an Early or Postponed Retirement.

  • A Member retiring on a Postponed Retirement Date shall be entitled to receive an amount of retirement income payable from the Member's Postponed Retirement Date and computed in accordance with Section 6.01 using the Member's Postponed Retirement Date as his Date of Determination.

  • Payment of such pension shall commence as of his Postponed Retirement Date.

  • A Member who remains an Eligible Employee after his or her Normal Retirement Date shall continue to participate in this Plan, and his or her Retirement Account shall continue to be credited with Company Credits and Interest Credits, until his or her Postponed Retirement Date.

  • Such Member shall be entitled to receive one hundred percent (100%) of his or her Accrued Benefit as of his or her Postponed Retirement Date in the manner provided under Article 8.

  • Such benefit shall be payable as of his Postponed Retirement Date.

  • The postponed retirement benefit shall not commence until the Postponed Retirement Date.


More Definitions of Postponed Retirement

Postponed Retirement means when a Participant ceases to be an Employee of all Employers after his or her Normal Retirement Date.
Postponed Retirement. Benefit shall mean the benefit to which a Participant is entitled upon his retirement after his Normal Retirement Date, as calculated in accordance with Section 6.3(c).
Postponed Retirement means when (i) a Participant ceases to be an Employee of all Employers and (ii) elects to commence benefit payments after his or her Normal Retirement Date.