Definition of Temporary Pension Supplement


Temporary Pension Supplement means an amount equal to 0.5 percent of a Participants Final Average Earnings multiplied by Years of Service up to but not in excess of 20 Years of Service. The Temporary Pension Supplement shall be paid monthly until the first to occur of:

Examples of Temporary Pension Supplement in a sentence

Payment of the Temporary Pension Supplement and the Additional Temporary Pension Supplement shall commence as soon as practicable upon satisfaction of the requirements of Section 19.03 by the Voluntary Retirement Participant.
Payment of the Temporary Pension Supplement and the Additional Temporary Pension Supplement shall commence as soon as practicable upon satisfaction of the requirements of Section 22.03 by the Voluntary Retirement Participant.
Payment of the Temporary Pension Supplement and the Additional Temporary Pension Supplement shall commence as soon as practicable upon satisfaction of the requirements of Section 21.03 by the Voluntary Retirement Participant.