Retirement Ages. The retirement age provisions under AA §7 are effective as follows: 🞎 A-9 Vesting and forfeiture rules. The rules regarding vesting and forfeitures under AA §8 are effective as follows:
Retirement Ages. 7-1 NORMAL RETIREMENT AGE: Normal Retirement Age under the Plan is: 🗹 (a) Age 65 (not to exceed 65).
Retirement Ages. (See Sections 22.57 and 22.126 of the BPD)
Retirement Ages. The retirement age provisions under AA §7 are effective as follows:
Retirement Ages. (a) The Normal Retirement Age under the Plan is (check one):
(1) X/ age 65.
(2) age ____ (specify between 55 and 64).
(3) later of the age ___ (can not exceed 65) or the fifth anniversary of the Participant's Employment Commencement Date.
(b) X/ The Early Retirement Age is the first day of the month after the Participant attains age 59 (specify 55 or greater) and completes N/A Years of Service for Vesting.
(c) X/ A Participant is eligible for Disability Retirement if he/she (check the appropriate box(es)):
(1) X/ satisfies the requirements for benefits under the Employer's Long-Term Disability Plan.
(2) satisfies the requirements for Social Security disability benefits.
(3) is determined to be disabled by a physician approved by the Employer.
Retirement Ages. If the Employer imposes a requirement that Employees retire upon reaching a specified age, the Normal Retirement Age selected below may not exceed the Employer-imposed mandatory retirement age.
(a) Normal Retirement Age shall be 65 (not to exceed age 65).
(b) Normal Retirement Age shall be the later of attaining age _____ (not to exceed age 65) or the _____ (not to exceed the 5th) anniversary of the first day of the first Plan Year in which the Participant commenced participation in the Plan.
Retirement Ages. (a) The Normal Retirement Age under the Plan is (check one):
(1) [X] age 65.
(2) [ ] age _____ (specify between 55 and 64).
(3) [ ] later of the age _____ (can not exceed 65) or the fifth anniversary of the Participant's Commencement Date.
(b) [ ] The Early Retirement Age is the first day of the month after the Participant attains age _____ (specify 55 or greater) and completes _____Years of Service for Vesting.
(c) [ ] A Participant is eligible for Disability Retirement if he/she (check the appropriate box(es)):
(1) [ ] satisfies the requirements for benefits under the Employer's Long-Term Disability Plan.
(2) [ ] satisfies the requirements for Social Security disability benefits.
(3) [ ] is determined to be disabled by a physician approved by the Employer.
Retirement Ages. (a) The Normal Retirement Age under the Plan is (check one):
(1) |X| age 65. (2) |_| age ____ (specify between 55 and 64). (3) |_| later of the age ___ (can not exceed 65) or the fifth anniversary of the Participant's Employment Commencement Date.
(b) |X| The Early Retirement Age is the first day of the month after the Participant attains age 59 (specify 55 or greater) and completes N/A Years of Service for Vesting.
(c) |X| A Participant is eligible for Disability Retirement if he/she (check the appropriate box(es)):
(1) |X| satisfies the requirements for benefits under the Employer's Long-Term Disability Plan.
(2) |_| satisfies the requirements for Social Security disability benefits.
(3) |_| is determined to be disabled by a physician approved by the Employer.
Retirement Ages. (a) X The Normal Retirement Age under the Plan is (check one): (1) x age 65. (2) age ____ (specify between 55 and 64). (3) later of the age ___ (can not exceed 65) or the fifth anniversary of the Participant's Employment Commencement Date.
Retirement Ages. (A) The Plan provides two options for normal retirement age: (i), an age-only option or (ii), an age and plan participation option. Normal retirement age may not exceed age 65. Since a participant will become fully vested upon attainment of normal retirement age, it may be desirable to require a specified period of plan participation in addition to an age requirement. The maximum participation requirement that the Plan may impose is 5 years.
(B) An early retirement age is not available under this plan unless it was provided for in a predecessor plan.