Common use of Entitlement to Retirement Benefits Clause in Contracts

Entitlement to Retirement Benefits. A Participant who retires or otherwise terminates his employment with the Employer for reasons other than his death shall be entitled to receive monthly supplemental pension benefits under this Plan only if: (a) his employment with the Employer terminates on or after his attainment of the Normal Retirement Age, (b) his employment with the Employer terminates by reason of his incurring a Total Disability, or (c) his employment with the Employer terminates after his completion of at least one (1) Year of Service.

Appears in 3 contracts

Samples: Supplemental Retirement Plan and Trust Agreement (Indianapolis Power & Light Co), Supplemental Retirement Plan and Trust Agreement (Indianapolis Power & Light Co), Supplemental Retirement Plan and Trust Agreement (Indianapolis Power & Light Co)

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Entitlement to Retirement Benefits. A Participant who retires or otherwise terminates his employment with the Employer for reasons other than his death shall be entitled to receive monthly supplemental pension benefits under this Plan only if: (a) his employment with the Employer terminates on or after his attainment of the Normal Retirement Age, (b) his employment with the Employer terminates by reason of his incurring a Total Disability, or (c) his employment with the Employer terminates after his completion of at least one (1) Year of Service.

Appears in 1 contract

Samples: Supplemental Retirement Plan and Trust Agreement (Indianapolis Power & Light Co)

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Entitlement to Retirement Benefits. A Participant who retires or otherwise terminates his employment with the Employer for reasons other than his death shall be entitled to receive monthly supplemental pension benefits under this Plan only if: (a) his employment with the Employer terminates on or after his attainment of the Normal Retirement Age, (b) his employment with the Employer terminates by reason of his incurring a Total Disability, or (c) his employment with the Employer terminates after his completion of at least one (1) Year of Service.

Appears in 1 contract

Samples: Supplemental Retirement Plan and Trust Agreement (Indianapolis Power & Light Co)

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