retirement payment means a payment, by way of a lump sum, pension or commuted pension, made by a person to -

retirement payment means any payment made to the following person:

retirement payment has the meaning set forth in Section 6.3(b)(ii).

Examples of retirement payment in a sentence

The first quarterly First Year Retirement Payment shall be made on the first day of the calendar quarter subsequent to the Independent Director's Service Termination Date.
Such benefits shall commence within thirty (30) days of the Employee’s death (with the date of the initial payment within such period determined by the Corporation in its sole discretion) and shall continue for the Normal Retirement Payment Period.
With regard to all Participants, other than Participants who are Executive Officers, the Special Committee shall act upon (i) written requests of Participants concerning early payout of some or all of the Participant's Account balances as a result of Financial Hardship and (ii) written requests of Participants to change the payout of a Participant's Retirement Payment Sub-Account as provided by Section 5.1(b).
The first quarterly First Year Retirement Payment shall be made on the first day of the calendar quarter subsequent to the PRP Independent Director's Service Termination Date.
If a PRP Independent Director dies while in receipt of First Year Retirement Benefits, the designated beneficiary of the PRP Independent Director shall receive all remaining First Year Retirement Payments and shall, commencing with the quarter following the quarter in which the last remaining First Year Retirement Payment is made, receive the Benefit for a period of ten years, with quarterly payments to be made to the designated beneficiary.

More Definitions of retirement payment

retirement payment means a payment, in the nature of a lump sum, pension or commuted pension, made by a person to

retirement payment means a payment, by way of a lamp sum

retirement payment has the meaning set forth in the LIL LP Agreement;

retirement payment has the meaning specified in Section 11.08(d)(i). "S&P" means Standard & Poor's Ratings Service, a division of The XxXxxx-Xxxx

retirement payment means the amount payable to a Participant pursuant to this Plan.

retirement payment means the product (1) the individual’s Full Years of Employment and (2) one thousand dollars ($1,000.00).

retirement payment means a payment to-