Xxxxxxx Xxxxxxxxxx. Members of the Macomb County Employees’ Retirement System may elect to take an Annuity Withdrawal. The utilization of this option shall be governed by any applicable Annuity Withdrawal provisions of the Macomb County Employees’ Retirement System Ordinance.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Xxxxxxx Xxxxxxxxxx. Members of the Macomb County Employees’ Retirement System may elect to take an Annuity Withdrawal. The utilization of this option actuarial equivalent shall be governed determined on the basis of the interest rate established by any applicable Annuity Withdrawal provisions of the Pension Benefit Guaranty Corporation, or, if such a rate is unavailable, by the Macomb County Employees’ Retirement System OrdinanceOrdinance for such annuity withdrawals.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Xxxxxxx Xxxxxxxxxx. Members of the Macomb County Employees’ Retirement System may elect to take an Annuity Withdrawal. The utilization of this option actuarial equivalent shall be governed determined on the basis of the interest rate established by any applicable Annuity Withdrawal provisions of the Pension Benefit Guaranty Corporation, or, if such a rate is unavailable, by the Macomb County Employees’ Retirement System OrdinanceOrdinance for such annuity withdrawals.
Appears in 1 contract
Samples: Collective Bargaining Agreement
