Early Retirement - Without Discount. 1. Rule of 82 Any member who on the date of retirement is represented by the Power Workers Union may, on or after the first day of the month in which the sum of the member's age in years and years of continuous employment is equal to or greater than eighty two, receive a pension that is 100 percent of the member's earned pension computed in accordance with the rules of the pension plan, in particular, rule 15.
Early Retirement - Without Discount. 1. Effective January 1, 1981 employees with the following age/service combinations may retire early with no loss of accrued benefits: - Age 60 or over with 25 years' service. - Age 59 or over with 26 years' service. - Age 58 or over with 27 years' service. - Age 57 or over with 28 years' service.
Early Retirement - Without Discount. Rule of Effective July any member who on the date of retirement represented by the Power Workers Union may, on or after the first day of the month in which the sum of the member's age in years and years of continuous employment is equal to or greater than eighty two receive a pension that is percent of the member's earned pension computed in accordance with the rules of the pension plan, in particular, rule Employees who do not qualify for an unreduced early retirement pension under (e) or (e) may retire without discount after completing years of continuous service. Table Table Table All employees with or more years' continuous service (except females hired prior to 1976) All employees with or more but less than years' continuous service (except females hired prior to 1976) Female employees hired prior to with or more years' continuous service Percent Discount Percent Discount Percent Discount Employees with or more years' continuous service are eligible for the rule of at age or greater. I57 Normal Normal
Early Retirement - Without Discount
