Regulation and Guidelines for Early Retirement Sample Clauses

Regulation and Guidelines for Early Retirement. The Non-elective Contribution provided for under this Attachment shall be in an amount equal to the lesser of: a) .93% of the Employee’s “qualifying salary” during the last full year of service times the number of years of service with the Employer up to a maximum of 27 years of service being counted for such purposes, and in the event that any Employee shall have more than 6 years from September 1 of the year in which they separate from service with the Employer until such time that they would attain age 65, such amount shall equal .93% of the Employee’s “qualifying salary” during the last full year of service TIMES the number of years of service with the Employer up to a maximum of 27 years of service being counted for such purposes TIMES the number of whole years from September 1 of the year of separating from service with the Employer until such Employee would attain age 65 (but in no event shall this number be more than
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