Retirement From Service definition

Retirement From Service means termination of employment from the Company by the Employee after attaining age 55 and completing at least five years of employment with the Company or its affiliates.
Retirement From Service or “Retirement” shall mean the Participant’s retirement from service with the Employer in accordance with Section 3.01 or 3.02, provided that such Participant has a separation from service which meets the requirements of Code Section 409A and the regulations thereunder.”
Retirement From Service means the Participant’s retirement from service with the Employer in accordance with Section 3.01 or 3.02 and the requirements of Code Section 409A and the regulations thereunder.

Examples of Retirement From Service in a sentence

  • Amended Civil Servants (Directory Retirement From Service) Rules, 2020 with the approval of Prime Minister of Pakistan.

  • Normal Retirement From Service Eligibility Retirement from active employment after attaining age 65 (including participation in the O&R plan).

  • Early Retirement From Service Eligibility Retirement from active employment after attaining age 50 and completing 10 years of accredited service (including service earned under the O&R plan); or after attaining age 55, regardless of service.

  • Early Retirement From Service Eligibility Retirement from active employment after attaining age 50 and completing 10 years of accredited service (including service earned under the Pepco plan prior to January 1, 2001); or after attaining age 55, regardless of service.

  • Notified Civil Servants (Directory Retirement From Service) Rules, 2020 with the approval of Prime Minister of Pakistan.

  • Retirement From Service primarily Controlling Provisions: Pertinent provisions of the CBA; or Other applicable employment contract.

  • Normal Retirement From Service Eligibility Retirement from active employment after attaining age 65 (including participation in the Pepco plan).


More Definitions of Retirement From Service

Retirement From Service means the retirement of the Participant from employment with the Employer in accordance with Article III.
Retirement From Service means the retirement of the Participant from employment with the Employer in accordance with Section 3.01, 3.02, or 3.03.

Related to Retirement From Service

  • 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.

  • Separation from Service means a “separation from service” (within the meaning of Section 409A).

  • Severance from Service Date means the earlier of:

  • Disability retirement for plan 1 members, means the period

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

  • Retirement Age means the earlier to occur of:

  • Severance from Employment means severance from employment with the Employer and any Related Entity. However, a Severance from Employment also occurs on any date on which an Employee ceases to be an employee of a public school, even though the Employee may continue to be employed by a Related Employer that is another unit of the State or local government that is not a public school or in a capacity that is not employment with a public school (e.g., ceasing to be an employee performing services for a public school but continuing to work for the same State or local government employer).

  • 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).

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

  • Termination of Employment means that the Executive ceases to be employed by the Company for any reason, voluntary or involuntary, other than by reason of a leave of absence approved by the Company.

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

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

  • 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.

  • 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.

  • 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.

  • 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.

  • Involuntary Termination of Employment means any termination of Executive's employment by the Company and its subsidiaries, other than a termination for Cause or due to death or Disability.

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

  • Termination of Service means:

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

  • Disability or Disabled means that during the Elimination Period and your Own Occupation Period you are, as a result of Physical Disease, Injury, Mental Disorder, Substance Abuse or Pregnancy, unable to perform one or more of the Material Duties of your Own Occupation, and, due to such inability, your Work Earnings are less than 80% of your Indexed Predisability Earnings, and you are incapable of earning 80% or more of your Indexed Predisability Earnings. Your Work Earnings may be Deductible Income. See the “LTD Benefit Calculation” and “Deductible Income” sections.

  • Disability/Disabled means because of Injury or Sickness you are unable to perform the material duties of your Regular Occupation, or are receiving disability benefits under the Employer's plan, during the initial 9 months of Disability. Thereafter, you must be unable to perform all of the material duties of any occupation which you may reasonably become qualified based on education, training or experience, or are subject to the terms of a Rehabilitation Plan approved by the Insurance Company.

  • Total Disability means a “permanent and total disability” within the meaning of Section 22(e)(3) of the Code and such other disabilities, infirmities, afflictions or conditions as the Committee by rule may include.

  • Room service means furnishing an alcoholic product to a person in a guest room of a:

  • war disablement pension means any retired pay or pension or allowance payable in respect of disablement under an instrument specified in section 639(2) of the Income Tax (Earnings and Pensions) Act 2003;

  • Retirement Benefit means the benefit set forth in Article 5.