OFFERING OF SUPERANNUATION RETIREMENT PENSION Sample Clauses

OFFERING OF SUPERANNUATION RETIREMENT PENSION. Eligible Employees (Select all that apply below) -- Date the Member attains age sixty-five (65) -- Date the Member attains age sixty-two (62) -- The later of the date: Member attains age sixty (60) and Member completes five (5) Years of Vesting Service -- The later of the date: Member attains age fifty-five (55) and Member completes ten (10) Years of Vesting Service -- Date the Member’s age plus completed Years of Vesting Service equals or exceeds eighty (80) Date the Member’s age plus completed Years of Vesting Service equals or exceeds ( ) (The numerical value shall not be less than eighty (80)) Date the Member completes twenty-five (25) Years of Vesting Service (Must be combined with one of the other options) -- -- To use the three options below, the date the Member meets the specified conditions cannot be greater than the date the member attains age 65 nor less than the date the member attains age 55 and, in any event, may not be less than the representative typical retirement date for such Member’s occupation. -- Date the Member attains age ( ): X The later of the date: Member attains age fifty-five ( 55 ) Member completes twelve ( 12 ) Years of Vesting Service -- Other: Police Officers, Firefighters and other qualified public safety employees as defined under Code Section 72(t)(10) shall have the following additional options (Select all that apply below) -- Date the Member attains age fifty (50) -- Date the Member completes twenty (20) Years of Vesting Service -- Date the Member’s age plus completed Years of Vesting Service equals or exceeds seventy (70) -- Date the Member’s age plus completed Years of Vesting Service equals or exceeds ( ) (The numerical value shall not be less than seventy (70)) To use the three options below, the date the Member meets the specified conditions cannot be greater than the date the member attains age 65 nor less than the date the member attains age 50 and, in any event, may not be less than the representative typical retirement date for such Member’s occupation. -- Date the Member attains age ( ): The later of the date: Member attains age ( ) Member completes ( ) Years of Vesting Service Other:

Related to OFFERING OF SUPERANNUATION RETIREMENT PENSION

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.