Selected Retirement Date definition

Selected Retirement Date means the retirement date you have selected. This must be a date which falls on your birthday.
Selected Retirement Date means any date between the date on which a Member attains his 60th birthday and the date on which he attains his 75th birthday (both dates inclusive) (unless otherwise specifically approved by the Board of Inland Revenue), as notified to the Member and specified in the Policy.

Examples of Selected Retirement Date in a sentence

  • This means that we will automatically switch your investments into more secure funds as you approach your Selected Retirement Date.

  • Units cannot be switched and Regular Contributions (including Additional Regular Contributions) cannot be redirected into the With-Profits Fund less than three years before your Selected Retirement Date.

  • However, for all customers - those who opted in at outset and also those who didn’t – the Firm writes to customers 5 years and 6 months before their Selected Retirement Date to remind them of the choice they made at commencement and giving them the chance to change it - either opting in or out – or if already opted in the chance to change the lifestyling strategy.

  • If a Class B Member or a Class C Member remains in the employment of the Employer after his Selected Retirement Date he may request that his personal pension may commence immediately or that payment be deferred.

  • Lifestyling occurs in the 10 years before retirement, starting in the Pensions Managed Fund; 5.5 years before retirement the monies are held in the Pension Low Risk / Reward Fund and then by the Selected Retirement Date split 50% Low Risk / Reward and 50% Deposit.Wesleyan is currently reviewing the ongoing appropriateness of the lifestyling strategy.Policyholders are contacted specifically about lifestyling and asked if they wish to opt out.

  • You may choose to draw benefits from your Selected Retirement Date, or from any earlier or later date as long as it is on or after the minimum pension age of 55 and not later than your 75th birthday.It may be possible for you to draw your benefits earlier than the minimum pension age if you provide Legal & General with evidence that you have stoppedwork because you are (and will continue to be) incapable of carrying on your occupation because of physical or mental impairment.

  • Where the death of the Member occurs whilst in service before the Selected Retirement Date the maximum is that appropriate had the Member retired on grounds of incapacity on the date of death entitled to no retained benefits from previous employments.

  • If a Class A Member leaves the employment of the Employer before his Selected Retirement Date payment of his personal pension may, at his request, be deferred but not beyond the 75th birthday.

  • You may not, however, redirect future contributions to With Profits within five years before your Selected Retirement Date or at any time on or after it.

  • More generally, Mr E has complained that the application of Final Bonus was not adequately covered in Prudential’s With-Profits literature, particularly what happens when a Selected Retirement Date ( SRD) is reached, or deferred until a later date, or if partial benefits are taken at SRD.

Related to Selected Retirement Date

  • 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.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

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

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • 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).

  • 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.

  • Approved Retirement means any voluntary termination of employment that occurs on or after the date on which the sum of your age and years of employment with Deluxe and/or its Affiliates equals at least seventy-five (75) and that is approved by the Compensation Committee of the Board.

  • Late Retirement Date means the first day of the month coinciding with or next following a Participant's actual Retirement Date after having reached his Normal Retirement Date.

  • 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.

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

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Early Retirement Date means the Retirement, as defined below, of the Executive on a date which occurs prior to the Executive attaining sixty-two (62) years of age, but after the Executive has attained fifty-five (55) years of age.

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Disability retirement for plan 1 members, means the period

  • Severance from Service Date means the earlier of:

  • Accrual Termination Date Not applicable.

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Disability Date means the date on which a Participant is deemed disabled under the employee benefit plans of the Corporation applicable to the Participant.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.