Common use of Individual requirements Clause in Contracts

Individual requirements. Early retirement supplements are paid to an employee born in 1957 or later, and is conditional on the employee – being granted AFP from the Joint Scheme for AFP, – being employed in a company affiliated to the Early Retirement Scheme at the time of retirement for AFP, and – having had an average income for the last three calendar years before receiving the benefit, that does not exceed 7.1 G. After withdrawal of the early retirement allowance, a gross annual income of up to NOK 15,000 is permitted. Higher income means that the Early Retirement Supplement will cease entirely and that a new early retirement supplement cannot be granted. The Early Retirement Scheme can adopt rules about what is meant by average income and what is meant by gross annual income, and can also adjust the income limit of NOK 15,000. For the current rules for the right to an Early Retirement Supplement, refer to the website of the Early Retirement Scheme xxx.xxxxxxxxxxxxxxx.xx.

Individual requirements. Early retirement supplements are paid to an employee born in 1957 or later, and is conditional on the employee – being granted AFP from the Joint Scheme for AFP, – being employed in a company affiliated to the Early Retirement Scheme at the time of retirement for AFP, and – having had an average income for the last three calendar years before receiving the benefit, that does not exceed 7.1 G. After withdrawal of the early retirement allowance, a gross annual income of up to NOK 15,000 is permitted. Higher income means that the Early Retirement Supplement will cease entirely and that a new early retirement supplement cannot be granted. The Early Retirement Scheme can adopt rules about what is meant by average income and what is meant by gross annual income, and can also adjust the income limit of NOK 15,000. For the current rules for the right to an Early Retirement Supplement, refer to the website of the Early Retirement Scheme xxx.xxxxxxxxxxxxxxx.xx.

Individual requirements. Early retirement supplements are paid to an employee born in 1957 or later, and is conditional on the employee – - being granted AFP from the Joint Scheme for AFP, – - being employed in a company affiliated to the Early Retirement Scheme at the time of retirement for AFP, and – - having had an average income for the last three calendar years before receiving the benefit, that does not exceed 7.1 G. After withdrawal of the early retirement allowance, a gross annual income of up to NOK 15,000 is permitted. Higher income means that the Early Retirement Supplement will cease entirely and that a new early retirement supplement cannot be granted. The Early Retirement Scheme can adopt rules about what is meant by average income and what is meant by gross annual income, and can also adjust the income limit of NOK 15,000. For the current rules for the right to an Early Retirement Supplement, refer to the website of the Early Retirement Scheme xxx.xxxxxxxxxxxxxxx.xx.