Retirement program definition
Examples of Retirement program in a sentence
An ASF Member who becomes totally and permanently disabled on or after January 1, 2008, who received a State disability benefit, and is eligible for a deferred benefit under a State Retirement program is also eligible for the two hundred fifty dollar ($250) contribution to the MSRS Health Care Savings Plan.
The cost includes scheduled benefits, administrative expenses, net interchange with the Railroad Retirement program, and pay- ments for vocational rehabilitation services for disabled beneficiaries.
It is recommended that the Hennepin County Board of Commissioners – to promote the enactment of the state legislation - provide continued ERHIP eligibility to non-organized PERA-covered retirees working under PERA’s Phased Retirement program.
In addition, new beneficiaries tend to have higher monthly benefit amounts than previous beneficiary cohorts, because their initial benefits are based on average wages, which tend to rise faster than the cost of living.The Railroad Retirement Act requires an annual financial interchange between the Railroad Retirement program and the OASDI program.
An employee appointed to temporary status is not eligible for benefits as defined by County policy, except for participation in the State of South Carolina Retirement program, and subject to any overriding federal or state statutory requirement(s).