Definition of Service Retirement Date


Service Retirement Date means the first day of the calendar month coinciding with or next following the earlier of:
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Examples of Service Retirement Date in a sentence

A Stock Option that is outstanding but not yet fully exercisable at the date of the Special Service Retirement of the person to whom the Stock Option was granted shall continue to become exercisable, over the period of three years following the Special Service Retirement Date (subject to the stated term of the option, or on such accelerated or other basis as the Committee shall at any time determine), on the same basis as if such person had not retired.
Any Member who has completed five or more years of Vesting Service and who terminates employment with the Employer prior to Service Retirement Date, shall be eligible to receive a deferred vested Pension commencing as of Age 55, or later at the Member's election.
Any Member of ERFC 2001 with five or more years of Credited Service, who terminates employment with the Employer prior to Service Retirement Date, shall be eligible to receive a deferred vested Pension commencing at Age 60.
A Service Retirement Pension shall be granted to each Member who retires on or after the Service Retirement Date.
A reduced service Pension shall be granted to each Member who retires before reaching the Service Retirement Date, but after completion of five or more years of Vesting Service, and who elects a reduced service Pension.