Receiving Retirement Benefits definition

Receiving Retirement Benefits means receiving a monthly benefit from SERS, ARP or TRS. Note: A member of the ARP or a member of the Hybrid Plan who takes the Lump Sum Payment option will not be considered to be Receiving Retirement Benefits unless he or she uses plan funds to purchase an immediate annuity in the minimum amount of $10,000.

Examples of Receiving Retirement Benefits in a sentence

  • C-4 Table C-4 Survivors Receiving Retirement Benefits as of January 1, 2012....................

  • Special License Plates: Former Members of the South Carolina Delegation of the United States Congress, Retired Judicial Officers, Members of Municipal and County Councils, Coroners, Mayors, and Members of the General Assembly Receiving Retirement Benefits SECTION 56‑3‑2150.

  • In its communication dated 3 December 2004, the Government sends a copy of the ruling handed down by the federal judge of Federal Court No. 2 of the City of Rosario, concerning Case No. 754 entitled National Institute of Social Services for Persons Receiving Retirement Benefits and Pensions v.

  • Costs associated with errors in participation must be paid by the employer.Continue Receiving Retirement Benefits You may continue to receive benefits while working.

  • You can read publications, including When To Start Receiving Retirement Benefits; use our Retirement Estimator to obtain immediate and personalized estimates of future benefits; and when you’re ready to apply for benefits, use our improved online application— It’s so easy! Carolyn W.

  • Extension of Distribution Lines and Service Lines by Electric Public Utilities.

  • Summary of Membership Information – June 30, 2019The following table provides a summary of the number of participants in the plan: Inactive Plan Members or Beneficiaries Currently Receiving Retirement Benefits# 2,389 Inactive Plan Members Entitled to But Not Yet Receiving Retirement Benefits - Active Plan Members 8,282 Total Plan Members 10,671 # Members must be in receipt of a retirement benefit and be current on their post retirement contributions to be eligible for the death benefit.

  • C-4 Table C-4 Survivors Receiving Retirement Benefits as of January 1, 2012 ....................................

  • As the Region is exempt from HRS § 103D, Regional Contract staff strive to ensure our policies remain substantially similar to the State Procurement Code.11.

  • Note (i): For the purposes of these Rules, unless the context dictates otherwise, World Records refers to all categories of records under this Rule.

Related to Receiving Retirement Benefits

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

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

  • Employment benefits means all benefits provided or made

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Termination Benefit means the benefit set forth in Article 7.

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

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Retirement Age means the earlier to occur of:

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company and its Affiliates for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) may be entitled as compensatory fringe benefits or under the terms of any benefit plan of the Employer, including severance payments under the Employer's severance policies and practices in the form most favorable to the Executive that were in effect at any time during the 180-day period prior to the Effective Date. Payment of Accrued Benefits shall be made promptly in accordance with the Employer's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Disability Benefit means the benefit set forth in Article 8.

  • Regular benefits ’ means benefits payable to an individual under this act or under any other state law, including benefits payable to federal civilian employees and to ex-servicemen pursuant to 5 U.S.C. chapter 85, other than extended benefits.

  • 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.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Change in Control Benefits means the following benefits:

  • 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 benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

  • Change in Control Benefit means the benefit described in Section 2.4.

  • Vested Benefits means amounts that are vested or that Executive is otherwise entitled to receive, without the performance by Executive of further services or the resolution of a contingency, under the terms of or in accordance with any investment and savings plan or retirement plan (including any plan providing retiree medical benefits) of the Company or its affiliates, and any ERPs or ESPs related thereto, and any deferred compensation or employee stock purchase plan or similar plan or program of the Company or its affiliates.

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

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Disability retirement for plan 1 members, means the period