Postponed Retirement Pension. If you continue to work after age 65, you can remain an active Plan member until your postponed retirement date or age 69, if earlier. In this case, your Basic Pension and Lifetime Supplement will be calculated as in Normal Retirement Pension but using your Credited Service and CPP Retirement Pension as the date of your actual retirement. You can also choose not to continue as an active Plan member while continuing to work past your normal retirement date. In this case, the pension you will receive at your postponed retirement date will be: • the pension you would have received on your normal retirement date based on Credited Service up to that date, plus • any Escalation Benefits* you would have received if you had retired on your normal retirement date, plus • the additional pension which can be provided from the savings to the Plan as a result of your postponed retirement. *See Escalation Benefit Section
Postponed Retirement Pension. A Member who retires on his Postponed Retirement Date shall receive an amount of retirement income equal to the pension benefit calculated using the Member's Postponed Retirement Date as his Date of Determination, and based on Credited Service up to his Postponed Retirement Date.
Postponed Retirement Pension. A Member who remains in the employ of the Company beyond his Normal Retirement Date will receive a pension commencing on his Normal Retirement Date exactly as if retirement had actually occurred and for purposes of the Plan such Member will be deemed to have retired.
Postponed Retirement Pension. Each Member who retires on a Postponed Retirement Date pursuant to Section 5.03 (Postponed Retirement) shall be entitled to receive an annual pension payable in equal monthly installments commencing on the Member's Postponed Retirement Date and continuing on the first day of each month thereafter, equal to the pension accrued by the Member up to the Member's Postponed Retirement Date, computed pursuant to Section
