Retire or Retirement definition

Retire or Retirement means when an active Employee who is age 50 or older with 10 or more years of Service terminates employment with a Participating Employer who is also a “Retiree”.
Retire or Retirement. The term "retire or retirement" shall refer to an employee of Lane County who retires for service or disability, and who immediately upon leaving active employment, begins receiving retirement benefits under the Public Employees Retirement System applicable to employees of Lane County.
Retire or Retirement means removal of an engine from fleet service, so that the engine is not subsequently operated by the fleet in the State of California. To retire an engine, the vehicle with the engine may be moved outside of California, sold to another fleet (in or outside California), or scrapped. The return of a rented or leased vehicle by a fleet to a rental or leasing company is not considered to be a retirement. Similarly, the rental or leasing of a vehicle by a rental or leasing company does not count as a retirement for the rental or leasing company.

Examples of Retire or Retirement in a sentence

  • This Summary Plan Description for the Plans is a part of the Plan Document for the Plans.Plan Year: The 12-month period beginning each January 1 and ending each December 31.Primary Insured: The person who is the primary person who is insured under the non-Dow medical coverage.Regular Employee: A “regular” Employee is an Employee who is classified by the Employer as “regular.” Retire or Retirement: The date a Retiree terminates employment with all Participating Employers and Entities.

  • While the Judiciary’s Policy Statement is applicable throughout the Judiciary, including in the Municipal Courts, the complaint and investigation procedures set forth in this Manual are applicable only to the Superior Court, Tax Court, Appellate Division and Supreme Court and their ancillary units.

  • Retire or Retirement: a voluntary termination of employment at or after the participant’s 55th birthday.

  • Retire or Retirement: a voluntary termination of employment at or after the participant’s 55 birthday.


More Definitions of Retire or Retirement

Retire or Retirement means a voluntary Termination of Employment after attaining age 65 (or such other age at which the Company or Employer permits early retirement).
Retire or Retirement. : Retire or Retirement means a termination of employment pursuant to an arrangement contained in any formal private retirement plan or written agreement then in effect by the Company or any participating Division relative to the subject participant.
Retire or Retirement means termination of employment while entitled to an early, normal, or late retirement benefit under the Salaried Pension Plan.
Retire or Retirement means, with respect to a Member, a termination of employment for any reason other than death, on or after the date the Member becomes eligible to receive an early retirement pension pursuant to Section 6.02 (Early Retirement).
Retire or Retirement means the REC Supplier shall cause the RECs purchased by Buyer from REC Supplier to be immediately and permanently removed, upon purchase, from all applicable markets by REC Supplier on Buyer's behalf and such RECs shall not be resold, transferred or otherwise utilized by REC Supplier or any other party for any purpose whatsoever.
Retire or Retirement. When an employee separates from County employment, and any of the following events or conditions occur: 1) Retirement benefits commence from PERS or Social Security, 2) The employee has provided at least twenty-five (25) years of County service, 3) The employee is over the age of 50 and deferred compensation benefits, if any, have commenced; or
Retire or Retirement means the REC Supplier shall cause the RECs purchased by Buyer from REC Supplier to be immediately and permanently removed, upon purchase, from all applicable markets by REC Supplier on Buyer's behalf and such RECs shall not be resold, transferred or otherwise utilized by REC Supplier or any other party for any purpose whatsoever. Sales Price means the (i) the price at which REC Supplier resells the RECs, which Buyer has failed to accept or, if REC Supplier does not resell the RECs, (ii) the REC Price for such quantity of RECs that Buyer fails to accept.