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Termination Before Retirement Sample Clauses

Termination Before Retirement. If the Employer has elected a Separation from Service override in accordance with Section 6.01d of the Adoption Agreement, the following provisions apply. Subject to the provisions in Section 9.6, a Participant who experiences a Separation from Service before Retirement for any reason other than death shall receive the vested amount credited to his Account in a single lump sum payment as soon as practicable following such termination or cessation of service regardless of whether the Participant had made different elections of time or form of payment as to the vested amounts credited to his Account or whether the Participant was receiving installment payouts at the time of such termination.
Termination Before Retirement. Upon termination of employment of the employees, the accumulated value of their accounts will remain in the Plan to provide for pension benefits at retirement. If employees participate in another Uniform Pension Plan at some future date, the accumulated value of their accounts may be transferred to the new pension carrier. Employees may elect to take up to twenty-five (25%) percent of the value of their required contributions made prior to January 1, 1987, and all of their voluntary contributions in cash. The remainder of the value of their required contributions and voluntary contributions, if any, together with the value of your contributions made on their behalf will be left in the Plan to be applied to provide a pension at retirement. Employees also have the option of transferring the accumulated value of all their Accounts to another Registered Pension Plan or to a Registered Retirement Savings Plan. Terminated employees can receive their pension on their normal retirement date but may, with the Foundation's consent, elect an Early or Postponed Retirement.
Termination Before Retirement. If the Plan Sponsor has elected a Separation from Service override in accordance with Section 6.01(d) of the Adoption Agreement, the following provisions apply. A Participant who experiences a Separation from Service before Retirement for any reason other than death shall receive the vested amount credited to his Account at the time specified in Section 6.01(a) of the Adoption Agreement in a single lump sum payment following such termination or cessation of service regardless of whether the Participant had made different elections of time or form of payment as to the vested amounts credited to his Account or whether the Participant was receiving installment payouts at the time of such termination.
Termination Before Retirement. 7 6.3 Additional Sick Leave.............................................................................. 7 6.4 Medical Certificate................................................................................... 7 6.5 Worker's Compensation Board ................................................................ 7
Termination Before RetirementAn employee leaving the employment of the Board after ten (10) years of service and before retirement shall be entitled to receive a cash payment for fifty percent (50%) of any unused Sick Leave to the employee's credit, to a maximum of fifteen (15) working days.