Disability Retirement Allowance Sample Clauses

Disability Retirement Allowance a member in service who is disabled as a result of an on the-job accident or having completed five (5) years of service, who is disabled by reason of an accidental or non-accidental cause not on the job shall be entitled to disability retirement.
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Disability Retirement Allowance. A. It is hereby agreed that Government Code Section 21292.51 shall remain operative.
Disability Retirement Allowance. The State and CCPOA agree to hold discussions throughout the term of this MOU regarding restructuring of the disability retirement program and the Workers’ Compensation system for State Correctional Peace Officers and Unit 6 employees.
Disability Retirement Allowance. 9.1 A Member who becomes permanently Disabled physically or mentally through illness or injury to the extent that he is physically or mentally disqualified from performing his or her employment with the Employer, for reasons not constituting cause for discharge, shall be eligible for a Disability Retirement Allowance. The determination of the Member’s Disability shall vest with the Retirement Board which shall make its determination based upon medical evidence of permanent disqualification from the job classification held at the time of such Disability.
Disability Retirement Allowance. For purposes of this Supplement B, a new Section 4.13 is added to the Plan, as follows:
Disability Retirement Allowance. The Disability Retirement Allowance for a Participant who Retires under Section 3.4 shall be computed as in Section 4.1 of the Plan, based on the Participant's Final Average Compensation and Formula Benefit Service up to the Participant's Disability Retirement Date, without reduction because of commencement of benefit payments before the Participant's Normal Retirement Date; provided, however, such benefit shall be reduced by the amount of any other benefit the Participant is eligible to receive from the Company's Salary Continuation program, Long Term Disability program or any other program or arrangement provided by the Company as the result of such disability (but only to the extent permitted under Code Section 409A). Any Disability Retirement Allowance will be subject to the provisions of Section 5.2 (but not Section 5.3) of the Plan." Exhibit 10.71 FIRST AMENDMENT TO THE NAVISTAR, INC. SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
Disability Retirement Allowance. 17 18 a. Whenever an employee terminates employment and is placed on 19 STRS/PERS Disability Retirement/Allowance, the employee shall be 20 placed on the thirty-nine month reemployment list. In the event that 21 within thirty-nine months of termination, the employee becomes able to 22 return to active duty, he/she will be placed in an appropriate position 23 when a vacancy occurs. 24 25 During the time employees who have exhausted all leave and have filed for 26 STRS/PERS Disability Retirement/Allowance are awaiting a response from 27 STRS/PERS, they will be able to continue, at their own expense, the health 28 benefits that they had as active employees. If STRS/PERS Disability/ 29 Retirement Allowance is approved and the employee is eligible for paid retiree 30 benefits, the County Office of Education will reimburse the employee for the 31 cost of premiums paid and deduct the number of months of premium 32 reimbursements from the retiree benefit entitlement balance. If the STRS/PERS 33 Disability Retirement/Allowance is disapproved, then the benefits will be 34 terminated and COBRA notices will be issued. If, pending approval of 35 disability retirement, the employee does not elect to continue benefits at his/her 36 own expense, then upon approval of disability retirement, employee shall be 37 eligible for a lump distribution as provided by SP 4154; however, such 38 employee shall not be eligible to re-enroll in SJCOE benefit plans. 39
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Disability Retirement Allowance. (a) Any Member in service in the Group A Plan who has not reached their normal retirement date, or any Member in service in the Group B Plan who has not reached retirement eligibility as defined by section (2)(a) of Article IV, and files application for retirement, shall be retired by the Retirement Board on a disability retirement allowance as of the first day of the calendar month next following receipt by the Retirement Board of written application therefor made by the Member; provided that a physician or physicians designated by the Retirement Board shall certify, and the Retirement Board shall find, that such Member is incapacitated, mentally or physically, to perform the work of such Member’s job classification or any other job classification(s) in which a job is available with the Authority and has been offered to such Member by the Authority, and that such Member should be retired; and provided further that such Member has completed four (4) years of creditable service in case of disablement due to an occupational accident or sickness, and has completed six (6) years of creditable service in case of disablement due to any other cause. The surviving spouse of a Member whose death results solely from an injury or injuries sustained in the performance of duty, including, but not limited to, injuries resulting from assault and/or battery, shall upon such death be entitled to the Disability Retirement Allowance to which the Member would have been entitled if at the time of such death the Member had become totally incapacitated, mentally or physically, for the further performance of duty and that such incapacity was likely to be permanent, provided that if the Member had less than four (4) years of creditable service, the surviving spouse shall receive the minimum allowance available under subsection (b) hereof. No Member shall be entitled to receive a disability retirement allowance if the disability results from:

Related to Disability Retirement Allowance

  • Disability; Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Pre-Retirement Death Benefits Should the Executive die while --------- ----------------------------- in the service of the Bank and prior to the occurrence of his 65th birthday, the Bank will pay $1,074 per month for a continuous period of 120 months to the Beneficiary or Beneficiaries of the Executive. The first such monthly installment payment shall be made on a date to be determined by the Bank, but in no event later than the first day of the sixth calendar month following the calendar month in which the Executive died. In the event of the death of the last living Beneficiary before all installment payments shall have been made, the balance of any payments which remain unpaid at the time of such Beneficiary's death shall be commuted on the basis of eight percent (8%) per annum compounded interest and shall be paid in a single sum to the estate of the last Beneficiary to die. In the absence of any such beneficiary designation, or if no Beneficiary survives the Executive, any payments remaining unpaid at the Executive's death shall be commuted on the basis of eight percent (8%) per annum compounded interest and shall be paid in a single sum to the Executive's estate.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

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