Common use of Early or Late Retirement Clause in Contracts

Early or Late Retirement. In the event of early or late retirement (at ages from fifty-five (55) years to sixty-nine (69) years), the retiring employee will be entitled to the pension purchasable at the attained age based on the balance of the individual account. In the case of an employee who elects to retain employment with the Employer beyond the age of sixty-five (65), no further contributions will be made from his/her sixty-fifth (65th) birthday, unless by mutual consent between Employer and employee.

Early or Late Retirement. In the event of early or late retirement (at ages from fifty-five (55) years to sixtyseventy-nine one (6971) years), the retiring employee will be entitled to the pension purchasable at the attained age age, based on the balance of the individual account. In the case of an employee who elects to retain employment with the Employer beyond the age of sixty-five (65), no further equal contributions will be made from his/her sixty-fifth (65th) birthday, unless by mutual consent between Employer and employeemade.

Early or Late Retirement. In the event of early or late retirement (at ages from fifty-five (55) years to sixtyseventy-nine one (6971) years), the retiring employee will be entitled to the pension purchasable at the attained age based on the balance of the individual account. In the case of an employee who elects to retain employment with the Employer beyond the age of sixtyseventy-five one (6571), no further contributions will be made from his/her sixty-fifth their seventy first (65th71) birthday, unless by mutual consent between Employer and employee.

Early or Late Retirement. In the event of early or late retirement ([at ages from fifty-five (55) years to sixty-nine seventy- one (6971) years)], the retiring employee Employee will be entitled to the pension purchasable at the attained age age, based on the balance of the individual account. In the case of an employee the Employee who elects to retain employment with the Employer beyond the age of sixty-five (65), no further contributions will be made from his/her sixty-fifth (65th) birthdaybirthdate, unless by mutual consent between Employer and employeeEmployee.