Examples of Termination of Employment Date in a sentence
If a Member ceases to be Disabled and does not recommence active employment with an Employer within two months of ceasing to be Disabled, the Member will be deemed to have attained their Termination of Employment Date for purposes of the Plan as of the date the Member ceases to be Disabled.
On or after the attainment of age 55, or attainment of age 50 if the Member had completed 20 years of Pensionable Service at the Former Member’s Termination of Employment Date, a Former Member may elect to have payment of the Deferred Pension commence prior to the Former Member’s Normal Retirement Date on the first day of any month subsequent to the Former Member’s election being received by the Plan Manager.
Box City State Zip Code Telephone Number: (Work) ( ) (Home) ( ) Employing Agency: Date of Termination of Employment: Date of Birth: / / Please complete the Withholding Certificate for Pension or Annuity Payments section, conversion of sick leave to service credit (if applicable), the SEIB Insurance Authorization (State Only), the Direct Deposit Authorization, and have your employer complete the Employer Certification section of this form.
If a Member of a bargaining unit is absent from work due to work stoppage and provided the Member has not attained their Termination of Employment Date, the Member may elect following cessation of the work stoppage to establish as Pensionable Service the period of such absence that constitutes Continuous Service by contributing to the Trust Fund in accordance with this Section.
A Terminated Participant may elect to have CIGNA provide executive financial planning and tax preparation services for the calendar year in which his or her Termination of Employment Date occurs in accordance with such programs then in effect.
CIGNA shall pay the Terminated Participant any Additional Payment due within 30 days after his or her Termination of Employment Date.
Subject to the limits in Section 2.2, any person who is a Covered Executive on the date immediately preceding his or her Termination of Employment Date shall be eligible for benefits under this Plan.
Such notice shall be given to the Member or his Beneficiary no later than the close of the Plan Year following the Plan Year in which the Member’s Termination of Employment Date occurs.
It shall be assumed that the Terminated Participant will pay Federal income tax at the highest marginal tax rate in the year the Additional Payment is made, and state and local income taxes at the highest marginal tax rates in the state and locality of the Terminated Participant’s residence on his or her Termination of Employment Date, net of the maximum reduction in Federal income taxes which could be obtained from deduction of any such state and local income taxes.
I understand that my contributions and the company contributions will cease on my Termination of Employment Date.