Deferred Retirement Date Sample Clauses

Deferred Retirement Date. An Active Participant may continue his employment after his Normal Retirement Date, in which event he shall continue as an Active Participant and, subject to the provisions of Section 4.6, retire as of his Deferred Retirement Date. However, the Employer may, subject to the provisions of Section 4.7, retire a Participant on the first day of any month following his Normal Retirement Date.
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Deferred Retirement Date. ‌ Each Member who terminates employment after his or her Normal Retirement Date in accordance with this Section 4.02 shall be entitled to receive a Deferred Retirement Benefit payable in an amount and in a manner as set forth in Sections 6.02 and 8.01.
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Deferred Retirement Date. A Participant may continue employment past his or her Normal Retirement Date on a month to month basis. Any such Participant shall continue to contribute to his or her employee contribution account, and will be entitled to receive a normal retirement benefit on the first day of the month following the date employment ceases, computed in the manner set forth in Article VIII.
Sample 1

Related to Deferred Retirement Date

  • Retirement Date If the Executive remains in the continuous employ of the Bank, the Executive shall retire from active employment with the Bank on the Executive’s sixty-fifth (65th) birthday, unless by action of the Board of Directors this period of active employment shall be shortened or extended.

  • Normal Retirement Date The term “Normal Retirement Date” means the Executive’s attainment of age sixty-five (65).

  • Early Retirement Date Early Retirement Date shall mean a retirement from employment which is effective prior to the Normal Retirement Age stated herein, provided the Executive has attained age sixty (60) with thirty (30) years of service with the bank.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Disability; Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Supplemental Retirement Benefit In addition to the foregoing, Executive shall be eligible to participate in the Supplemental Executive Retirement Plan maintained by Cleco Utility Group Inc. or such other supplemental retirement benefit plans which the Company or its Affiliates may adopt, from time to time, for similarly situated executives (the "Supplemental Plan").

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