Service Retirement Date definition

Service Retirement Date means the first day of the calendar month coinciding with or next following the earlier of:
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Service Retirement Date means, for a Member who entered Eligible Employment before July 1, 2017, the first day of the calendar month coinciding with or next following the earlier of:
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Service Retirement Date means the date of actual retirement of a member for reasons other than disability.
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Examples of Service Retirement Date in a sentence

  • Second, if any such assets remain after complete allocation for the purposes of (a) above, to provide service retirement Pensions to all Members who, at the date of termination or discontinuance of the Plan, have reached their Service Retirement Date under the Plan and have not as yet begun to receive retirement benefits.

  • 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.

  • If the Member died more than 90 days after terminating from employment with the Employer, but had reached Service Retirement Date, benefits shall be payable pursuant to Section 5.02(a)(1) to a Named Beneficiary who is eligible for benefits under that section, or to a surviving Spouse under the circumstances described in Section 5.03(a).

  • If the Member reached Service Retirement Date prior to death, and if the Named Beneficiary is a person eligible to receive a Pension under Option A or Option B as described in Section 4.03(a)(4) or (5), the Named Beneficiary shall receive a Pension under Option A or Option B, whichever is applicable, in the amount provided by Section 4.03(a)(1) or 4.03(a)(2).

  • A Service Retirement Pension shall be granted to each Member who retires on or after the Service Retirement Date.

  • Second, if any such assets remain after complete allocation for the purposes of subsection (a), to provide service retirement Pensions to all Members who, at the date of termination or discontinuance of the Plan, have reached their Service Retirement Date under the Plan and have not as yet begun to receive retirement benefits.

  • 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.

  • 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 Age60.

  • If the Member died more than 90 days after terminating from employment with the Employer, but had reached Service Retirement Date or was eligible for a reduced service Pension at the time of death, benefits shall be payable pursuant to Section 8.02(a)(1) to a Named Beneficiary who is eligible for benefits under that section, or to a surviving Spouse under the circumstances described in Section 8.03(a).

  • 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.

Related to Service 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.

  • 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.

  • 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;

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

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

  • 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).

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Eligible Retirement Plan means an individual retirement account described in Section 408(a) of the Code, an individual retirement annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in Section 401(a) of the Code, that accepts the Distributee's Eligible Rollover Distribution. However, in the case of an Eligible Rollover Distribution to the surviving Spouse, an Eligible Retirement Plan is an individual retirement account or individual retirement annuity.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • 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.

  • Severance from Service Date means the earlier of:

  • 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.

  • Disability retirement for plan 1 members, means the period

  • Public employees retirement system means the retirement plan and program

  • Retirement Age means the earlier to occur of:

  • Service Date or "SD" means the date service is made available to the End User Customer. This also is referred to as the "Due Date."

  • Retires shall refer to the date which the Executive acknowledges in writing to Employer to be the last day the Executive will provide any significant personal services, whether as an employee or independent consultant or contractor, to Employer. For purposes of this Agreement, the phrase "significant personal services" shall mean more than ten (10) hours of personal services rendered to one or more individuals or entities in any thirty (30) day period.

  • In-Service Date means the date on which the Facility and System Modifications (if applicable) are complete and ready for service, even if the Facility is not placed in service on or by that date.

  • 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.

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