Prescribed Reduction definition
Prescribed Reduction means a reduction required by the Income Tax Act to a Member’s Pension payable at her Normal Retirement Date. The reduction shall be at
Prescribed Reduction means the reduction in the amount of Normal Retirement Date pension of at least 1/4 of 1% for each complete month by which the early pension commencement date precedes the earliest of
Prescribed Reduction means a reduction required by the Income Tax Act to a Member’s Pension payable at her Normal Retirement Date. The reduction shall be at least ¼ of 1% for each complete month by which the Pension commencement date precedes the earliest of
More Definitions of Prescribed Reduction
Prescribed Reduction means 100% less ¼ of 1% for each complete month by which the early pension commencement date precedes the earliest of: