Common use of Retirement Formula Pension Cap Clause in Contracts

Retirement Formula Pension Cap. Eligible PLAN members may retire with a formula pension allowance not to exceed 100% of their highest year’s salary.

Appears in 4 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Retirement Formula Pension Cap. Eligible PLAN Plan members may retire with a formula pension allowance not to exceed 100% of their highest year’s salary.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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