Standard Early Retirement Pension definition

Standard Early Retirement Pension means an Early Retirement Pension for which a Participant who has attained his Standard Early Retirement Date is entitled pursuant to 4.3.2.

Examples of Standard Early Retirement Pension in a sentence

  • To be eligible for this benefit, the Participant must satisfy the Plan Document’s requirements for the receipt of a Standard Early Retirement Pension benefit.

  • The extent of that reduction depends on the type of Early Retirement Pension (i.e., the Unsubsidized Early Retirement Pension, Standard Early Retirement Pension, and Special Early Retirement Pension).

  • The extent of that reduction depends on the type of Early Retirement Pension (i.e., the Unsubsidized Early Retirement Pension, Standard Early Retirement Pension, or Special Early Retirement Pension).

  • The Standard Early Retirement Pension of each such Participant, expressed in terms of a Life Only Annuity, shall be the greater of the Pension described in paragraph (a) or the Pension described in paragraph (b).

  • Their dominance of markets through the control of data, as well as their capacity to create and capture value, have resulted in a handful of companies concentrated and consolidated in a very few countries (UNCTAD 2019).

Related to Standard Early Retirement Pension

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Early Retirement Age means the date that the Executive has attained age 55 and completed seven Years of Service.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • 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.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Early Retirement means retirement, with consent of the Committee at the time of retirement, from active employment with the Company and any Subsidiary or Parent Corporation of the Company.

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

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

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

  • Termination Benefit means the benefit set forth in Article 7.

  • 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)).

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • war disablement pension means any retired pay or pension or allowance payable in respect of disablement under an instrument specified in section 639(2) of the Income Tax (Earnings and Pensions) Act 2003;

  • Retirement Age means the earlier to occur of:

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

  • Disability Retirement Date means the first day of the month following the last day of paid 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).

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Actuarial equivalent means a benefit of equal value when

  • Change in Control Benefit means the benefit described in Section 2.4.

  • retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.