Normal Retirement Pension Sample Clauses

Normal Retirement Pension. 72(a) For a retirement, commencing on and after January 1, 1976, by a participant who has accumulated at least one Credited Hour after December 21, 1975, the Normal Retirement Pension payable to a Participant shall be the larger of paragraphs (1) and (2) below.
AutoNDA by SimpleDocs
Normal Retirement Pension. The Executive shall be entitled, on retirement at age 65, to an annual pension of an amount determined in accordance with the following provisions and on the following terms.
Normal Retirement Pension. Your normal retirement date is the first of the month on or after your 65th birthday. You will receive a monthly Basic Pension as determined above. You will also be entitled to monthly lifetime supplement if the sum of your Basic Pension and the amount of your Canada Pension Plan (CPP) Retirement Pension is less than a certain amount. If you have completed thirty (30) years of Credited Service at your retirement date, the Lifetime Supplement is equal to the amount which, when added to your Basic Pension and Canada Pension Plan Retirement Pension, will total the following minimum pension amount: $2,570 if you retire on or before May 31, 2014 $2,650 if you retire on or after June 1, 2014. If you have completed less than thirty (30) years of Credited Service at your retirement date, the Lifetime Supplement will be equal to the amount by which the minimum pension amount above exceeds the Canada Pension Plan Retirement Pension, multiplied by the fraction obtained by dividing thirty (30) into your years of Credited Service subject to a maximum of thirty (30) years, then reduced by your Basic Pension.
Normal Retirement Pension. (a) For Service to January 1, 1990 -pension which can be provided by the Member's required contributions up to December 31, 1989 with interest plus a pension equal to the greater of 30% of the Member's required contributions up to December 31, 1989, and, the pension which can be provided by the Member's required contributions up to December 31, 1989 with interest. -minimum pension equal to 1 1/2% of Final Average Earnings times years of Pensionable Service up to December 31, 1989 minus 100% of CPP, times, the ratio of Pensionable Service up to December 31, 1989 over 35.
Normal Retirement Pension. 1. Normal retirement is on the first day of the month immediately following your sixty-fifth (65th) birthday.
Normal Retirement Pension. Your normal Retirement Date is the first day of the month coincident with or next following your 65th birthday. At normal retirement, you will receive an annual pension, under normal form, equal to the greater of:
Normal Retirement Pension. 37 54 {No text in Rule 54}...................................................................... 37 55
AutoNDA by SimpleDocs
Normal Retirement Pension. 3.1 Normal retirement pension shall be paid for lifetime to the Employee if his service with the Company terminates upon or after attaining the Normal Retirement Date. Visteon Holdings GmbH Page 2 --------------------------------------------------------------------------------
Normal Retirement Pension a) For service on and after January 1, 1999 and up to June 30, 2012: The normal retirement pension formula will be calculated as 2% of pensionable earnings.
Normal Retirement Pension a) For service before January the shall entitled to a monthly pension calculated as follows: by number of years credited service prior to January For service after but prior to January the member shall be entitled to a monthly pension calculated as follows: of of the member’s required contributions made after December but before January For service after December but prior to January the member shall be entitled to a monthly pension calculated as follows: of of the member’s required contributions made after December but before January For service after December the member shall be entitled to a monthly pension calculated as follows: of that portion of earnings up to the Yearly Maximum Pensionable Earnings as defined under the Canada Plan, plus. of that portion of total earnings in excess of the for the year. by
Time is Money Join Law Insider Premium to draft better contracts faster.