Examples of Vested Retirement Benefit in a sentence
Deferred Vested Retirement Benefit Eligibility 5 years of service.
Subject to Article 6 hereof, payment of a Vested Retirement Benefit shall begin within ninety (90) days of the later of the Retirement Benefit Starting Date or the date application for a Vested Retirement Benefit is filed with the Board.
See note 1 of the notes to the financial statements for a complete list of financial and consumer services legislation that we administer.Under the Securities Act, Mortgage Brokers Act, Cost of Credit Disclosure and Payday Loans Act, Credit Reporting Services Act, and Collection and Debt Settlement Services Act we have broad rule-making authority.
In the event that the employment of the Participant shall be terminated by the Plan Sponsor without cause, but including Disability, then this Agreement shall terminate upon the date of such termination of employment and the Plan Sponsor shall pay to the Participant as severance compensation his or her Vested Retirement Benefit.
If a Participant dies after commencement of the payment of his Deferred Vested Retirement Benefit under this Section 4.4, his Surviving Spouse or Eligible Children will be entitled at Participant’s death to receive (in accordance with Sections 4.6 and 4.7) a benefit equal to fifty percent (50%) of the Participant’s Deferred Vested Retirement Benefit.
The Retirement Benefit Starting Date for a Participant’s Vested Retirement Benefit shall be the Participant’s Normal Retirement Date; provided, however, that in the case of a Participant entitled to a Vested Retirement Benefit who has at least thirty-five (35) years of Service Credit, the Retirement Benefit Starting Date shall be the first day of the month in which he attains age sixty-two (62).
VESTED RETIREMENT BENEFIT If you terminate employment, other than by reason of retirement, disability or death, you may be entitled to a deferred Vested Retirement Benefit.
If you terminate employment, check to see if you are entitled to a Vested Retirement Benefit and the date payable.
The benefits payable to a Surviving Spouse or Eligible Children under this Section 4.8(f) will be no less than the benefits payable to a Surviving Spouse or Eligible Children under Section 4.4 (regarding the Deferred Vested Retirement Benefit) as if the Participant had died immediately prior to age fifty-five (55).
If a Participant terminates employment with the Company and is entitled to a Deferred Vested Retirement Benefit provided under the Retirement Plan, the Participant shall be entitled to a monthly benefit equal to the Participant's Unrestricted Benefit less the Maximum Benefit and less any Supplemental Retirement Benefit.