Retirement Age and Service Sample Clauses

Retirement Age and Service. The provisions of Section 31672 permitting service retirement for members of SJCERA Tier I at age fifty (50) years with the completion of ten (10) years of continuous service, as adopted by County Resolution R-72-1245, shall be maintained for employees who are members of SJCERA Tier I.
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Retirement Age and Service. Normal Retirement - Age 65 with at least 2 years of membership in the Plan. Early Retirement - Age 55 with completion of at least 2 years of membership in the Plan. Disability Retirement - Completion of 10 or more years of Continuous Service, provided eligibility requirements are met.
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Retirement Age and Service. The provisions of Section 31672 permitting service retirement for General Members of SJCERA Tier I at age seventy (70) years, or at age fifty (50) years with the completion of ten (10) years of service as adopted by County Resolution R-72-1245, or with 30 or more years of service regardless of age shall be maintained for employees who are General Members of SJCERA Tier I. The provisions of Section 31663.25 permitting service retirement for Safety Members of SJCERA Tier I at age seventy (70) years, or at age fifty (50) years with the completion of ten (10) years of service, or with 20 or more years of service regardless of age shall be maintained for employees who are Safety Members of SJCERA Tier 1.
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Retirement Age and Service. Normal Retirement Age with at least years of membership in the Plan. Early Retirement Age with completion of at least years of membership in the Plan. Disability Retirement Completion of or more years of Continuous Service, provided eligibility requirements are met. AMOUNT OF NORMAL RETIREMENT PENSION For employees who retire on or after January the pension will be calculated on a normal retirement basis at forty-one dollars ($41 per month for each year of credited service as per the actual Pension Plan. VESTING Upon termination of employment prior to Normal or Early Retirement if the Employee has five (5) or more years of Continuous Service, prior to December or after January two (2) or more years of membership in the Plan. CONTRIBUTIONS The plan will be provided at no cost to the employee. TERMINATIONS The Pension Plan will terminate on the same date as the Collective Labour Agreement.
Sample 1
Retirement Age and Service. Normal Retirement Age with at least years of membership in the Plan. Early Retirement Age with completion of at least years of membership in the Plan. Disability Retirement Completion of or more years of Continuous Service, provided eligibility requirements are met. AMOUNT OF NORMAL RETIREMENT PENSION For employees who retire on or after January the pension will increase by two dollars ($2.00) making the amount of normal retirement pension thirty-five dollars ($35.00) per month for each year of credited service as per the actual Pension Plan. For employees who retire on or after January the pension will increase by two dollars ($2.00) the amount of normal retirement pension thirty-seven dollars ($37.00) per month for each year of credited service as per the actual Pension Plan. For employees who retire on or after January the pension will increase by two dollars ($2.00) making the amount of normal retirement pension thirty-nine dollars ($39.00) per month for each year of credited service as per the actual Pension Plan. VESTING Upon termination of employment prior to Normal or Early Retirement if the Employee has five (5) or more years of Continuous Service, prior to December or after January two (2) or more years of membership in the Plan. CONTRIBUTIONS The plan will be provided at no cost to the employee. TERMINATIONS The Pension Plan will terminate on the same date as the Collective Labour Agreement.
Sample 1
Retirement Age and Service. Normal Retirement Age with at least years of membership in the Plan. Retirement Age with completion of at least years of membership in the Plan. Disability Retirement Completion of or more years of Continuous Service, provided eligibility requirements are met. AMOUNT OF NORMAL RETIREMENT PENSION For Employees who retire on or after January ($30.00) thirty dollars a month for each year of Credited Service. For Employees who retire on or after January ($3 thirty-one dollars a month for each year of Credited Service. For Employees who retire or after January ($33.00) thirty-three dollars a month for each year of Credited Service. VESTING Upon termination of employment prior to Normal or Early Retirement if the Employee has five (5) or more years of Continuous Service, prior to December or after January two (2) or more years of membership in the Plan. CONTRIBUTIONS The plan will be provided at no cost to the employee. ONS The Pension Plan will terminate on the same date as the Collective Labour Agreement. APPENDIX "E"
Sample 1
Retirement Age and Service. The provisions of Section 31672 of the Government Code permitting age fifty (50) retirement with the completion of ten (10) years of continuous service, shall be maintained for County Retirement System Members.
Sample 1
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Related to Retirement Age and Service

  • Retirement Age It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 or at the end of the current year, if the individual is already 58 or older.

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Retirement Options The Xxxxxxx Community College Board of Trustees may at its discretion grant one of the following retirement incentive plans to eligible faculty. The unit member must elect and may participate in only one of the three following retirement plans:

  • Normal Retirement Date The term “Normal Retirement Date” means “Normal Retirement Date” as defined in the primary qualified defined benefit pension plan applicable to the Executive, or any successor plan, as in effect on the date of the Change in Control of the Company.

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