Common use of Early Retirement Reduction Factor Clause in Contracts

Early Retirement Reduction Factor. If a Participant’s Early Retirement Benefit commences prior to age 65, the Participant’s Early Retirement Benefit shall be reduced by 4% for each full year between the Annuity Starting Date and the Participant’s 65th birthday.

Early Retirement Reduction Factor. If a Participant’s Early Retirement Benefit commences prior to age 65, the Participant’s Early Retirement Benefit shall be reduced by 4% for each full year between to the Annuity Starting Date and Actuarial Equivalent of the Participant’s 65th birthdayNormal Retirement Benefit in accordance with Tables A or B attached hereto.

Early Retirement Reduction Factor. If a Participant’s Early Retirement Benefit commences prior to age 65, the Participant’s Early Retirement Benefit shall be reduced by 45/12 of 1% for each full year month between the his Annuity Starting Date and the Participant’s 65th birthday.

Early Retirement Reduction Factor. If a Participant’s Early Retirement Benefit commences prior to age 65, the The Participant’s Early Retirement Benefit shall be reduced by 4% per year for each full year between the Participant’s Annuity Starting Date and the Participant’s 65th birthday.

Early Retirement Reduction Factor. If a Participant’s Early Retirement Benefit commences prior to age 6562, the Participant’s Early Retirement Benefit shall be reduced by 4% for each full year between the Participant’s Annuity Starting Date and the Participant’s 65th birthday.

Early Retirement Reduction Factor. If a Participant’s Early Retirement Benefit commences prior to age 6562, the Participant’s Early Retirement Benefit shall be reduced by a percentage equal to 4% multiplied by the number of years (prorated for each full year between any fraction of a year) from the Annuity Starting Date and to the first day of the month following the Participant’s 65th 62nd birthday.