Common use of Point Retirement Clause in Contracts

Point Retirement. A Member who retires from active employment and has attained age 55 and accumulated 85 points (age plus Credited Service) may elect 85

Appears in 4 contracts

Samples: Collective Agreement, Collective Bargaining Agreement, Collective Agreement

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Point Retirement. A Member who retires from active employment and has attained age 55 and accumulated 85 points (age plus Credited Service) may elect 8585 Point Retirement. Upon 85 Point Retirement the Member shall be entitled to a pension from the Plan, subject to adjustment under Section 9 and 12, equal to their Accrued Retirement Pension as determined at the date of retirement.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Point Retirement. A Member who retires from active employment and has attained age 55 and accumulated 85 points (age plus Credited Service) may elect 85and

Appears in 1 contract

Samples: Collective Agreement

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