Termination Age definition
Examples of Termination Age in a sentence
The Bank shall pay the benefit described in Section 3.3.1, if any, in a single lump-sum payment to the Participant within sixty (60) days following the last day of the month in which the Participant’s Termination of Employment following attainment of Early Termination Age occurs.
The Termination Age and Waiting Period may vary from benefit to benefit.
If the employee is dissatisfied with the Union's decision, he may appeal to a three-member board established by the Governor.
For example, you are no longer eligible, (i.e. you are no longer actively working), you reach the Termination Age, the provision or the policy terminates.
Maximum Benefit: $3,000 Elimination Period: Injury 119 days Sickness 119 days Integration: Primary CPP/QPP Benefits Benefit Period: Age 65 No Evidence Limit: Evidence of insurability is required for amounts in excess of $2,000 Own Occupation Period: 2 years Survivor Benefit: 3 months Termination: Age 65 or prior retirement.
Termination Age: First of the month coincident with or immediately following retirement or age 75, whichever is earlier.
Termination Age - your benefit amount terminates at age 70 or retirement, whichever is earlier.
You are eligible for Group Benefits if you: ➢ are working full-time or part-time in a regularly scheduled position; ➢ are a member of an eligible class; ➢ are younger than the Termination Age; ➢ are residing in Canada, and have completed the waiting period stated in the commencement of coverage section below.
The end of the Policy Year during which the Insured Member attains the Termination Age as shown in the Policy Schedule.
The Benefit Benefit Amount - $10,000 spouse; $5,000 each dependent child Termination Age - age 70 or retirement, whichever is earlier The Benefit Benefit Amount - 1 times annual earnings, to a maximum of $250,000 Guaranteed Issue Limit - $115,000 Termination Age - benefit amount reduces by 50% at age 65 and terminates at age 70 or retirement, whichever is earlier.