Projected Retirement Date definition

Projected Retirement Date means the date on which the Committee assumes the Participant will retire, solely for purposes of this Plan; provided, however, the Committee may use its discretion to revise this assumption as necessary at any time during the Participant’s participation in the Plan.
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Projected Retirement Date means April 1 immediately following the Participant attaining age 70, or, if permitted by the Committee at the time a Deferral Election Agreement is filed by a Participant, some other date as specified in the Participant’s Deferral Election Agreement.
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Projected Retirement Date means the date which is earlier than the Participant’s attainment of Age 70-½ established as the Participant’s Normal Retirement Age in accordance with Subsection 3.5(b)(2).
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Examples of Projected Retirement Date in a sentence

  • Subsequent to the Participant’s Projected Retirement Date, however, Moody’s Bond Index shall no longer be determined annually and shall be deemed to be the Moody’s Bond Index rate in effect during the year of the Participant’s Projected Retirement Date.

  • Subsequent to the Participant’s Projected Retirement Date, however, the AFR shall no longer be determined annually and shall be deemed to be the AFR in effect during the year of the Participant’s Projected Retirement Date.

  • In the event that a Participant’s service with the Board ceases prior to his/her Projected Retirement Date, other than for Death or Disability, the Moody’s Bond Index rate shall no longer be determined annually and shall be determined to be the Moody’s Bond Index rate in effect during the Plan Year in which such cessation of services occurs.

  • No Participant may elect to defer Compensation under this Plan Subsection 3.5(b)(2) at any time other than during the single consecutive three-year period determined by the once-in-a-lifetime designation of the Projected Retirement Date, even if the Participant does not make such deferrals during all three Plan Years, or later re- enrolls in this Plan, or later participates in another eligible Code Section 457 deferred compensation plan.

  • Subject to the provisions of Section 6.7 hereof regarding commencement of payments, such Deferral Benefit shall be payable as of the Participant's Projected Retirement Date, in the form determined under the provisions of Section 6.4 hereof.

  • Not all CalPERS members are eligible for industrial disability retirement.Contact your personnel office for eligibility Retirement InformationType of estimate c Service c Disability c Industrial Disability Employer Position Title Sick Leave Hours Educational Leave Hours Projected Retirement Date (mm/dd/yyyy)information.

  • In the event that a Participant’s service with the Board ceases prior to his/her Projected Retirement Date, other than for Death or Disability, the AFR rate shall no longer be determined annually and shall be determined to be the AFR rate in effect during the Plan Year in which such cessation of services occurs.

  • Projected Retirement Date INDIRECT ADMINISTRATIVE COSTS A cost allocation plan is required to support the distribution of indirect administrative costs related to the grant program.

  • Full impact means each off-site distance interval is inclusive of previous interval.

  • A Participant shall be entitled to a Deferral Benefit equal to the balance of the amounts credited to his Deferral Benefit Account, as determined under Sections 6.01 and 6.02 of the Plan and as payable in accordance with Section 7.04 as of the Plan, as of Determination Date coincident with or immediately following his Projected Retirement Date.

Related to Projected Retirement Date

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Late Retirement Date means the first day of the month coinciding with or next following a Participant's actual Retirement Date after having reached his Normal Retirement Date.

  • Approved Retirement means any voluntary termination of employment that occurs on or after the date on which the sum of your age and years of employment with Deluxe and/or its Affiliates equals at least seventy-five (75) and that is approved by the Compensation Committee of the Board.

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

  • Qualified Retirement means the Participant’s voluntary termination of Service after reaching age 65 and completing 10 years of service with the Company, its Subsidiaries or predecessors.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Severance from Service Date means the earlier of:

  • Early Retirement Date means the Retirement, as defined below, of the Executive on a date which occurs prior to the Executive attaining sixty-two (62) years of age, but after the Executive has attained fifty-five (55) years of age.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Accrual Termination Date Not applicable.

  • Extended benefit period means a period which:

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.