Retirement Age definition

Retirement Age means the earlier to occur of:
Retirement Age means any age between sixty and seventy years or such age as may be prescribed in the Rules from time to time, which the Participant selects for retirement, in accordance with the provisions of the Rules;
Retirement Age means the time that the Participant is at least age 55 and the sum of the age of the Participant and the Participant’s years of service with the Corporation and/or one of its wholly owned subsidiaries is at least 75.

Examples of Retirement Age in a sentence

  • Distributions after Termination of Employment for reasons other than death shall commence (Section 7.02):[ ] Immediate [ ] End of Plan Year [ ] Normal Retirement Age [ ] Other3b.

  • The participation in the plan developed as follows: 31 December 2021Active Participants accruing benefits Number128 051Annual remuneration (in millions)$12 775Average remuneration$99 763 Inactive Participants no longer accruing benefits Number9 210Annual benefits payable at Normal Retirement Age (in millions)$91Average benefit payable at Normal Retirement Age$9 921 Retired Participants and beneficiaries Number82 312Annual benefits (in millions)$2 662Average benefit$32 342 19.

  • Involuntary cash-out of a terminated Participant's Account balance when it exceeds the cash-out amount specified in E.8 is deferred under Section 7.03(b) until:[ ] Later of age 62 or Normal Retirement Age [ ] Required Beginning Date - allow lump sum and installments [ ] Required Beginning Date - allow lump sum only10a.

  • For the purposes of (b) and (c) above, the Administrator shall have the power to utilise a Member’s assets in the Plan, upon that Member reaching Retirement Age, to purchase a guaranteed product from a suitably licensed annuity provider to secure benefits payable to that Member under the Plan.

  • If E.1a is "Age and Plan Participation", anniversary of participation for Normal Retirement Age (may not be more than "fifth" if subject to ERISA):1d.


More Definitions of Retirement Age

Retirement Age means the earlier to occur of (x) age 65 and (y) an age of 60 or greater at which the Holding Company, by vote of the Board of Directors, permits the Executive to retire. The Executive may terminate the Executive’s employment hereunder due to Retirement upon thirty (30) days prior written notice to the Holding Company. If, during the Term of Employment, the Executive’s employment is so terminated due to Retirement, the Term of Employment shall thereupon end and the Executive shall be entitled to (i) continuation of the medical benefits of the Executive and Executive’s dependents at the level in effect on, and at the same out-of-pocket cost to the Executive as of, the date of termination for the one-year period following the termination of the Executive’s employment due to Retirement (or, if such continuation is not permitted by applicable law or if the Board of the Holding Company so determines in its sole discretion, the Holding Company shall provide the economic equivalent in lieu thereof), and (ii) any other compensation and benefits as may be provided in accordance with the terms and provisions of any applicable plans and programs, if any, of the Holding Company.
Retirement Age means age 65.
Retirement Age means the earlier to occur of the Participant attaining:
Retirement Age means the later of (i) the Executive's 55th birthday or (ii) the date on which the Executive has completed five (5) continuous years of service with the Company or any of its Affiliates. For purposes of this definition, the Executive is credited with one year of service after completion of each full 12-month period of employment with the Company or its Affiliates (including for this purpose only, Arch Capital Group Ltd or its Affiliates) as determined by the Company.
Retirement Age means an Employee is at least fifty-five (55) years old and has completed ten (10) years or more of service as an Employee of the Company.
Retirement Age means, unless determined otherwise by the Committee, attainment of the earlier of (i) age 65 with at least five years of employment with a member of the Combined Group and/or its Affiliates or (ii) age 60 with at least 15 years of employment with a member of the Combined Group and/or its Affiliates.
Retirement Age means the date on which a worker attains the age of 65;