Common use of Early Retirement Reduction Factors Clause in Contracts

Early Retirement Reduction Factors. Years of Age Prior to Normal Retirement Date Reduction Factor 100% Joint & Survivor Annuity Reduction Factors at Normal Retirement Date Spouse Years of Age Younger Reduction Factor Actuarial Equivalence Mortality Interest: To Calculate Lump Sum Payment or Actuarial Increase for Late Retirement

Appears in 4 contracts

Samples: Employment Agreement (City National Corp), Employment Agreement (City National Corp), Employment Agreement (City National Corp)

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