Basic Pension. At the employee’s sole discretion, after age 55, and with 10 or more years of service, but less than 30 years of service, the employee may retire with a basic pension reduced by 1/2 of 1% for each month that the retirement date precedes his 65th birthday.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement (Maverick Tube Corp)
Basic Pension. At the employee’s 's sole discretion, after age 55, and with 10 or more years of service, but less than 30 years of service, the employee may retire with a basic pension reduced by 1/2 of 1% for each month that the retirement date precedes his 65th birthday.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement (Maverick Tube Corporation)