Common use of Retirement Dates Clause in Contracts

Retirement Dates. (a) Commencing January 1, 1988, the normal retirement date for all employees participating in this Plan shall be the earlier of the first (1st) day of the month following attainment of sixty (60) years of age, or the first (1st) day of the month following attainment of fifty-five (55) years of age and completion of five (5) years of employ-ment. For purposes of determining the completion of five (5) years of employment, the years of employment of an employee of Old American Insurance Company prior to November 1, 1991 shall not be taken into account.

Retirement Dates. (a) Commencing January 1, 1988, the normal retirement date for all employees participating in this Plan shall be the earlier of the first (1st) day of the month following attainment of sixty (60) years of age, age or the first (1st) day of the month following attainment of fifty-five (55) years of age and completion of five (5) years of employ-ment. For purposes of determining the completion of five (5) years of employment, the years of employment of an employee of Old American Insurance Company prior to November 1, 1991 shall not be taken into account.years

Retirement Dates. (a) Commencing January 1, 1988, the normal retirement date for all employees participating in this Plan shall be the earlier of the first (1st) day of the month following attainment of sixty (60) years of age, or the first (1st) day of the month following attainment of fifty-five (55) years of age and completion of five (5) years of employ-employ- ment. For purposes of determining the completion of five (5) years of employment, the years of employment of an employee of Old American Insurance Company prior to November 1, 1991 shall not be taken into account.