Standard Early Retirement Reduction Table. The monthly Early Retirement benefit shall be computed in the same manner as the monthly Normal Retirement benefit, but the benefit shall be reduced on an Actuarially Equivalent basis in accordance with Section 12.01 of the Master Plan to account for early commencement of benefits. This provision shall apply to: All Participants. Only the following Participants (must specify - specific positions are permissible; specific individuals may not be named): .
Appears in 5 contracts
Samples: Georgia Municipal Employees, Georgia Municipal Employees, Georgia Municipal Employees
Standard Early Retirement Reduction Table. The monthly Early Retirement benefit shall be computed in the same manner as the monthly Normal Retirement benefit, but the benefit shall be reduced on an Actuarially Equivalent basis in accordance with Section 12.01 of the Master Basic Plan Document to account for early commencement of benefits. This provision shall apply to: All Participants. Only the following Participants (must specify - specific positions are permissible; specific individuals may not be named): .
Appears in 5 contracts
Samples: Georgia Municipal Employees Benefit System, Georgia Municipal Employees, Georgia Municipal Employees
Standard Early Retirement Reduction Table. The monthly Early Retirement benefit shall be computed in the same manner as the monthly Normal Retirement benefit, but the benefit shall be reduced on an Actuarially Equivalent basis in accordance with Section 12.01 of the Master Plan to account for early commencement of benefits. This provision shall apply to: All Participants. Only the following Participants (must specify - specific positions are permissible; specific individuals may not be named): .
Appears in 1 contract
Samples: Adoption Agreement
Standard Early Retirement Reduction Table. The monthly Early Retirement benefit shall be computed in the same manner as the monthly Normal Retirement benefit, but the benefit shall be reduced on an Actuarially Equivalent basis in accordance with Section 12.01 of the Master Plan to account for early commencement of benefits. This provision shall apply to: All Participants. (But see Section 13 of the General Addendum regarding Participants who qualify for the enhanced 55/25 Early Retirement Benefit (see p. 14 of the Adoption Agreement)) Only the following Participants (must specify - specific positions are permissible; specific individuals may not be namedspecify): .
Appears in 1 contract
Samples: Georgia Municipal Employees
Standard Early Retirement Reduction Table. The monthly Early Retirement benefit shall be computed in the same manner as the monthly Normal Retirement benefit, but the benefit shall be reduced on an Actuarially Equivalent basis in accordance with Section 12.01 of the Master Basic Plan Document to account for early commencement of benefits. This provision shall apply to: All Participants. Only the following Participants (must Participants(must specify - specific positions are permissible; specific individuals may not be named): .
Appears in 1 contract
Samples: Georgia Municipal Employees