Retirement allowance definition

Retirement allowance means the retirement payments to which a member is entitled.

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Retirement allowance means the sum of the annuity and the

Retirement allowance means the pension plus the annuity.

Examples of Retirement allowance in a sentence

It is the intent of the parties to administer this provision in accordance with the terms of R.I.G.L. The period of paid leave shall cover such injured teacher for a maximum period of one (1) year from the date of injury; provided, however, that the School Department’s contributions shall be reduced by the RI State Retirement allowance and/or Social Security benefits in the case of permanent disability.
The maximum combined severance payment and Retirement allowance payment shall not exceed fifty-two (52) weeks.
The salary which shall be used to calculate the amount of the Retirement allowance in accordance with this Article shall be the salary which the employee was receiving on the date of the termination of employment or the salary used in the calculation of a pension under the Public Service Superannuation Act, whichever is greater.
Retirement allowance, if uncollected by the Employee, will be paid to the beneficiary or estate.
Retirement allowance for unused sick leave shall only be paid if the employee meets the requirements for retirement benefits as defined in the Public School Employees’ Retirement System.

More Definitions of Retirement allowance

Retirement allowance means the pension plus that portion of the benefit derived from contributions made by the member.

Retirement allowance means the pension, or any benefits in lieu thereof, granted to a member upon retirement.

Retirement allowance means the pension plus the

Retirement allowance means the amount annually payable during the course of his natural life to a member who has been retired by reason of service;

Retirement allowance means the annuity, pension or retirement allowance payable to a member of a reciprocal retirement system on account of his employment with a reciprocal unit.

Retirement allowance or "retirement benefit" means a monthly payment due to a retired

Retirement allowance means the amount annually payable during the course of his