Common use of Amount Of Normal Retirement Pension Clause in Contracts

Amount Of Normal Retirement Pension. When you retire at your normal date (age 65) you will receive a monthly basic pension from the Labatt Retirement Plan in an amount equal to the sum of your basic pension credits determined as explained in Section 5. In addition you will receive any pension which is payable to you under a previous plan (see Section 16) and any statutory pension (such as CPP and OAS) which is payable to you under government plans. You may also qualify for a supplement from the Labatt Retirement Plan under the minimum pension provision explained in Section 7.

Amount Of Normal Retirement Pension. When you retire at your normal date (age 65) you will receive a monthly basic pension from the Labatt Retirement Plan in an amount equal to the sum of your basic pension credits determined as explained in Section 5. In addition addition, you will receive any pension which is payable to you under a previous plan (see Section 16) and any statutory pension (such as CPP and OAS) which is payable to you under government plans. You may also qualify for a supplement from the Labatt Retirement Plan under the minimum pension provision explained in Section 7.