Retirement Benefit under a Retirement Plan definition

Retirement Benefit under a Retirement Plan means money which:
Retirement Benefit under a Retirement Plan means money which:  is payable under a Retirement Plan either in a lump sum or in the form of periodic payments;  does not represent contributions made by an Employee (payments which represent Employee contributions are deemed to be received over the Employee’s expected remaining life regardless of when such payments are actually received); and  is payable upon:  early or normal retirement; or Disability, if the payment does reduce the amount of money which would have been paid under the plan at the normal retirement age.

Related to Retirement Benefit under a Retirement Plan

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.