Examples of Retirement annuity in a sentence
Retirement annuity reduced 1/2 of 1% for each month under age 60.
Retirement annuity funds largely exist for separate individuals seeking to fund their own retirement.
The monthly Railroad Retirement annuity or Social Security annuity shall be computed as of the actual retirement date, the commencement date of last Disability Service not followed by a return to active service, or the date of final termination of service prior to age 60, whichever is earliest.
The monthly Railroad Retirement annuity shall mean the monthly annuity payable under the Railroad Retirement Act computed on the basis of total railroad service multiplied by a fraction, the numerator of which is the total months of Creditable Service and the denominator of which is such total railroad service.
Retirement annuity Your retirement benefit will be provided for your lifetime.EligibilityTier 2 requires teachers and administrators to be67 years old and have accumulated at least 10 years of service credit in order to qualify for unreduced bene- fits that a member has earned.To be eligible for a TRS retirement annuity, the Illinois Pension Code requires you to terminate active ser- vice as a teacher.