Reemployment After Normal or Alternative Normal Retirement. In the event that a Retired Participant 1) is reemployed with the Employer as an Eligible Employee (as defined in the Plan) after the Participant's Normal or Alternative Normal Retirement Date and after a Bona Fide Separation from Service, or 2) is reemployed with the Employer in an Ineligible Employee class, and subsequently again becomes an Eligible Employee (as defined in the Plan) due to the addition of such class to the Plan after the Participant's Normal or Alternative Normal Retirement Date, the following rule shall apply (check one): (a) The Participant's benefit shall be suspended in accordance with Section 6.06(a)(1) of the Basic Plan Document for as long as the Participant remains employed. (b) The Participant may continue to receive retirement benefits in accordance with Section 6.06(b) of the Basic Plan Document. This rule shall apply to (check one): all Retired Participants only the following classes of Retired Participants (must specify (specific positions are permissible; specific individuals may not be named) - benefits of those Retired Participants not listed shall be suspended in accordance with Section 6.06(a) of the Basic Plan Document if they return to work with the Employer): .
Appears in 5 contracts
Samples: Defined Benefit Retirement Plan, Defined Benefit Retirement Plan Adoption Agreement, Defined Benefit Retirement Plan
Reemployment After Normal or Alternative Normal Retirement. In the event that a Retired Participant 1) is reemployed with the Employer as an Eligible Employee (as defined in the Plan) after the Participant's his Normal or Alternative Normal Retirement Date and after a Bona Fide Separation from Service, or 2) is reemployed with the Employer in an Ineligible Employee class, and subsequently again becomes an Eligible Employee (as defined in the Plan) due to the addition of such class to the Plan after the Participant's his Normal or Alternative Normal Retirement Date, the following rule shall apply (check one):
(a) The Participant's benefit shall be suspended in accordance with Section 6.06(a)(1) of the Basic Master Plan Document for as long as the Participant remains employed.
(b) The Participant may continue to receive his retirement benefits benefit in accordance with Section 6.06(b) of the Basic Plan DocumentMaster Plan. This rule shall apply to (check one): all Retired Participants only the following classes of Retired Participants (must specify (specific positions are permissible; specific individuals may not be named) - benefits of those Retired Participants not listed shall be suspended in accordance with Section 6.06(a) of the Basic Master Plan Document if they return to work with the Employer): .
Appears in 3 contracts
Samples: Defined Benefit Retirement Plan, Defined Benefit Retirement Plan, Defined Benefit Retirement Plan
Reemployment After Normal or Alternative Normal Retirement. In the event that a Retired Participant 1) is reemployed with the Employer as an Eligible Employee (as defined in the Plan) after the Participant's Normal or Alternative Normal Retirement Date and after a Bona Fide Separation from Service, or 2) is reemployed with the Employer in an Ineligible Employee class, and subsequently again becomes an Eligible Employee (as defined in the Plan) due to the addition of such class to the Plan after the Participant's Normal or Alternative Normal Retirement Date, the following rule shall apply (check one):
(a) The Participant's benefit shall be suspended in accordance with Section 6.06(a)(1) of the Basic Plan Document for as long as the Participant remains employed.
(b) The Participant may continue to receive retirement benefits in accordance with Section 6.06(b) of the Basic Plan Document. This rule shall apply to (check one): all Retired Participants only the following classes of Retired Participants (must specify (specific positions are permissible; specific individuals may not be named) - benefits of those Retired Participants not listed shall be suspended in accordance with Section 6.06(a) of the Basic Plan Document if they return to work with the Employer): Elected or appointed members of the Governing Authority, provided, however, that notwithstanding any provision of the Basic Plan Document to the contrary, the Retirement benefit payable following the Participant’s re-retirement shall be computed in accordance with Section 6.06(b)(4) of the Basic Plan Document except that the Retirement benefit will not be reduced by the Actuarial Equivalent of any Retirement benefits received prior to such re-retirement.
Appears in 2 contracts
Samples: Defined Benefit Retirement Plan Adoption Agreement, Defined Benefit Retirement Plan Adoption Agreement
Reemployment After Normal or Alternative Normal Retirement. In the event that a Retired Participant 1) is reemployed with the Employer as an Eligible Employee (as defined in the Plan) after the Participant's his Normal or Alternative Normal Retirement Date and after a Bona Fide Separation from Service, or 2) is reemployed with the Employer in an Ineligible Employee class, and subsequently again becomes an Eligible Employee (as defined in the Plan) due to the addition of such class to the Plan after the Participant's his Normal or Alternative Normal Retirement Date, the following rule shall apply (check one):
(a) The Participant's benefit shall be suspended in accordance with Section 6.06(a)(1) of the Basic Master Plan Document for as long as the Participant remains employed.
(b) The Participant may continue to receive his retirement benefits benefit in accordance with Section 6.06(b) of the Basic Plan DocumentMaster Plan. This rule shall apply to (check one): all Retired Participants only the following classes of Retired Participants (must specify (specific positions are permissible; specific individuals may not be named) - benefits of those Retired Participants not listed shall be suspended in accordance with Section 6.06(a) of the Basic Master Plan Document if they return to work with the Employer): Former elected or appointed members of the Governing Authority who return to Service as elected or appointed members of the Governing Authority, provided, however, that any in-service retirement benefits received by elected or appointed members of the Governing Authority following their Normal Retirement Date and prior to April 13, 2012 are hereby validated, subject to the terms of this provision.
Appears in 1 contract
Samples: Defined Benefit Retirement Plan
Reemployment After Normal or Alternative Normal Retirement. In the event that a Retired Participant 1) is reemployed with the Employer as an Eligible Employee (as defined in the Plan) after the Participant's his Normal or Alternative Normal Retirement Date and after a Bona Fide Separation from Service, or 2) is reemployed with the Employer in an Ineligible Employee class, and subsequently again becomes an Eligible Employee (as defined in the Plan) due to the addition of such class to the Plan after the Participant's his Normal or Alternative Normal Retirement Date, the following rule shall apply (check one):
(a) The Participant's benefit shall be suspended in accordance with Section 6.06(a)(1) of the Basic Master Plan Document for as long as the Participant remains employed.
(b) The Participant may continue to receive his retirement benefits benefit in accordance with Section 6.06(b) of the Basic Plan DocumentMaster Plan. This rule shall apply to (check one): all Retired Participants only the following classes of Retired Participants (must specify (specific positions are permissible; specific individuals may not be named) - benefits of those Retired Participants not listed shall be suspended in accordance with Section 6.06(a) of the Basic Master Plan Document if they return to work with the Employer): .):
Appears in 1 contract
Samples: Defined Benefit Retirement Plan
Reemployment After Normal or Alternative Normal Retirement. In the event that a Retired Participant 1) is reemployed with the Employer as an Eligible Employee (as defined in the Plan) after the Participant's his Normal or Alternative Normal Retirement Date and after a Bona Fide Separation from Service, or 2) is reemployed with the Employer in an Ineligible Employee class, and subsequently again becomes an Eligible Employee (as defined in the Plan) due to the addition of such class to the Plan after the Participant's his Normal or Alternative Normal Retirement Date, the following rule shall apply (check one):
(a) The Participant's benefit shall be suspended in accordance with Section 6.06(a)(1) of the Basic Master Plan Document for as long as the Participant remains employed.
(b) The Participant may continue to receive his retirement benefits benefit in accordance with Section 6.06(b) of the Basic Plan DocumentMaster Plan. This rule shall apply to (check one): all Retired Participants only the following classes of Retired Participants (must specify (specific positions are permissible; specific individuals may not be named) - benefits of those Retired Participants not listed shall be suspended in accordance with Section 6.06(a) of the Basic Master Plan Document if they return to work with the Employer): Retired Participants who Retired as an elected or appointed member of the Governing Authority and who return to Service as an elected or appointed member of the Governing Authority on or after July 17, 2006.
Appears in 1 contract
Samples: Defined Benefit Retirement Plan