Common use of Early Retirement Incentive Clause in Contracts

Early Retirement Incentive. Definition: For the purposes of the provision, early retirement is defined as retirement at or after age 55 and before 64. Eligibility:

Early Retirement Incentive. Definition: Definition For the purposes of the this provision, early retirement is defined as retirement at or after age 55 and before 64age Eligibility employee must be at the highest achievable step of the salary scale. Eligibility:An employee must have a minimum of ten years of full-time equivalent service in the College and Institute System.