Common use of Disability Retirement Benefits Clause in Contracts

Disability Retirement Benefits. If while actively employed on a full-time basis with Employer, Employee incurs a Disability Retirement, Employee is entitled to a Disability Retirement Benefit which shall commence payment within sixty (60) days following the Disability Retirement and be paid monthly until the December 31st immediately following Employee’s eightieth (80th) birthday.

Appears in 6 contracts

Samples: Supplemental Retirement Plan (York Water Co), Supplemental Executive Retirement Plan (York Water Co), Supplemental Retirement Plan (York Water Co)

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Disability Retirement Benefits. If while actively employed on a full-time basis with Employer, Employee incurs a Disability Retirement, Employee is entitled to a Disability Retirement Benefit which shall commence payment within sixty (60) days following the Disability Retirement and be paid monthly until the December 31st immediately following Employee’s 's eightieth (80th) birthday.

Appears in 1 contract

Samples: Supplemental Retirement Plan (York Water Co)

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