Late Retirement. If a Participant continues in the service of the Employer after attainment of Normal Retirement Age, he will continue to have a 100-percent nonforfeitable interest in his Account and will continue to participate in the Plan until the date he establishes with the Employer for his late retirement. Until he retires, he has a continuing election to receive all or any portion of his Account. Upon the earlier of his late retirement or the distribution date required under Section 8.08, the balance of his Account, plus any amounts thereafter credited to his Account, subject to the provisions of Section 7.08, will be distributed to him in accordance with Article 8 below.
Late Retirement. If a Participant continues in the service of the Employer after attainment of Normal Retirement Age, he will continue to have a 100-percent nonforfeitable interest in his Account and will continue to participate in the Plan until the date he establishes with the Employer for his late retirement. Until he retires, he has a continuing election to receive all or any portion of his Account. Upon the earlier of his late retirement or the distribution date required under Section 8.08, the balance of his Account, plus any amounts
Late Retirement. Benefit shall mean the Monthly Retirement Benefit Unit multiplied by each calendar year of full-time, active service with Employer completed subsequent to _________ and as of the December 31st immediately prior to attainment of Late Retirement Age.
Late Retirement. Age shall mean any age from and including age sixty-six (66).
Late Retirement. If a Participant shall continue in the Company's employ beyond his Normal Retirement Date (in which event he shall remain a Participant in the Plan for all purposes), no retirement benefits shall be payable to him under this Agreement until his actual retirement, at which time the same steps shall be taken as in the case of normal retirement, provided that in no event shall such benefits be paid or commence to be paid later than the Required Beginning Date or other deadline specified in Article V(D).
Late Retirement. If a Participant continues in employment as an Employee after his Normal Retirement Age, he shall continue to have a 100 percent vested interest in his Account and shall continue to participate in the Plan until the date he establishes with the Employer for his late retirement. Until he retires, he has a continuing right to elect to receive distribution of all or any portion of his Account in accordance with the provisions of Articles 12 and 13; provided, however, that a Participant may not receive any portion of his Deferral Contributions, Qualified Nonelective Employer Contributions, Qualified Matching Employer Contributions, 401(k) Safe Harbor Matching Employer Contributions, or 401(k) Safe Harbor Nonelective Employer Contributions Accounts prior to his attainment of age 59 1/2.
Late Retirement. “Late Retirement” means retirement from service with the Employer after the Participant has attained age 65 which becomes effective on the first day of the month immediately following the Plan Year quarter during which the Participant retires from service with the Employer.
Late Retirement. Employeesmay elect to defer retirementto age as long as they are capable the normal requirement of thejob. The procedure for determining such election will be as follows: (1) employeeto make such electionone month before the employee's or any subsequent birthday up to the age of 69; and (2)such election must be supportedwith a medical certificate confirming that the employeeis capable of performing the requirement of the job.
Late Retirement. If you start your benefit after your normal retirement date, your late retirement benefit is determined in the same way as a normal retirement benefit. Your benefit must begin by April 1 of the year following the year you reach age 72 (age 70½ if you reached age 70½ before January 1, 2020) or the date your employment with the Police Department ends, whichever is later.
Late Retirement. The Participant retires from the employ of the Employer after the Normal Retirement Date. A Participant who continues to work beyond the Normal Retirement Date shall continue participation in the Plan on the same basis as the other Participants.
