Regular Retirement Age definition

Regular Retirement Age means the date the Local 234 Participant attains age 55.
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Regular Retirement Age means age 62 which is deemed to be attained on the first of the month coincident with or next following the month in which his sixty-second birthday occurs.
Sample 1

Examples of Regular Retirement Age in a sentence

  • The Fund Administrator is required by law to furnish each participant with a copy of this summary annual report; and• Obtain a statement telling you whether you have a right to receive a benefit at Regular Retirement Age (generally age 65) and if so, what your benefits would be at Regular Retirement Age if you stop working under the Connecticut Pipe Trades Local No. 777 Annuity Plan.

  • Such retirement pension shall begin with the first full calendar month following the month he attains Regular Retirement Age.

  • The first monthly installment of a deferred Retirement Pension shall be payable for the month in which an applicant for a deferred Retirement Pension is deemed to attain his Regular Retirement Age.

  • The permanency of any total disability may be verified by medical examination prior to Regular Retirement Age at any reasonable time.

  • An eligible employee receiving a total and permanent Disability Pension shall automatically retire at his Regular Retirement Age, and shall receive a monthly pension equal to the Benefit Level multiplied by the number of years (and fraction thereof) of his Accredited Service on the last day of the month preceding the month in which such Disability Pension commenced.

  • An employee who may retire voluntarily on or after his Regular Retirement Age.

  • An employee eligible for a Retirement Pension shall be medically retired, if at any time after attaining Regular Retirement Age, he shall be incapable, by reason of age or other non-temporary condition, of performing his job, or any other job to which he may be entitled under the seniority provisions of the Labour Agreement, in a safe and satisfactory manner.

  • An eligible employee shall retire before his Regular Retirement Age, under conditions set forth in Section of Article IV, shall receive at early retirement monthly retirement pension, equal to the Benefit Level by the number of years (and fraction thereof) of his Accredited Service at the time of retirement and actuarially reduced to reflect prior to Regular Retirement Age.

  • Remember that benefits can begin either upon:a) Early Retirement Age, orb) Regular Retirement Age, orc) As otherwise provided in the planThe QDRO should usually allow the alternate payee the option of choosing when payments begin, always subject to the plan terms however.

  • Next, in the Hypothesise stage, the students form a hypothesis about the rules underlying the observed linguistic behaviour.

Related to Regular Retirement Age

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

  • Retirement Age means the earlier to occur of:

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

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

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

  • 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.

  • Early Retirement Age means the date that the Executive has attained age 55 and completed seven Years of Service.

  • 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.

  • 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.

  • Disability retirement for plan 1 members, means the period

  • 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).

  • 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.

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

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

  • 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.

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • 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.

  • Separates from Service or “Separation from Service” means the Participant’s termination of service as a non‑employee director and as an employee of UGI for any reason other than death and shall be determined in accordance with section 409A of the Code.

  • Severance from Service Date means the earlier of:

  • 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.

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

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • 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.

  • Regular Employee is one who works on a full-time or part-time basis on regularly scheduled shifts of a continuing nature:

  • 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.