At Retirement definition
Examples of At Retirement in a sentence
At Retirement Age, if the Employee is still covered by this Agreement, the Bank shall commence payments as provided in this section.
The deferred retirement benefit shall be equal to the amount under (a) above multiplied by the applicable early retirement factor in the Amount Of Benefit At Retirement Section of Article IV.
The allowance will be paid in one (1) or more installments, as requested by the teacher, and shall be calculated as a percentage of the teacher's salary scale, exclusive of allowances, in the following amounts: Age At Retirement One (1) Payment in First Year Five (5) Equal Payments in Five (5) Years 60 25.0% 50.0% 59 28.5% 57.0% 58 32.0% 64.0% 57 35.5% 71.0% 56 39.0% 78.0% 55 42.5% 85.0% 3.
At Retirement or in the event the Employee's employment with the Company terminates for any reason other than the death of the Employee, then, beginning on a date to be determined by the Company but within three months from the date of such termination, the Company will commence to pay the Employee termination benefits in monthly installments.
At Retirement, an Executive shall be entitled to receive payments under the Plan, provided that the Executive ceases to provide services as an employee to the Bank after such date.
At Retirement Paid by Company Paid by Retiree Paid by Company Paid by Retiree >29 85% 15% 100% 0% 25-29 80% 20% 100% 0% 20-24 60% 40% 100% 0% 15 -19 40% 60% 100% 0% 9 -14 0% 100% 0% 100% < 9 years N/A N/A N/A N/A * During the life of the 2009 Agreement, for active employees who retire and are eligible for retiree medical care, the Company will not increase the current deductible of $450/$900 in the National PPO Retiree Plan and the Citizen’s Post-65 Carve-Out Plan available to those retirees.
At Retirement Paid by Company Paid by Retiree Paid by Company Paid by Retiree 25 or more 80% 20% 80% 20% 20-24 60% 40% 80% 20% 15-19 40% 60% 80% 20% 9 -14 0% 100% 0% 100% < 9 years N/A N/A N/A N/A *Retirees and spouses eligible for Medicare prior to age 65 must enroll in the Medicare plan.
This includes our firm’s At Retirement Service (£1,250), Trust Review Service (£1,500), Pensions and Divorce Service (£1,750), and Occupational Pension Review Service (£2,500) regardless of the value of the funds under review.
For purposes of this paragraph 16.30(B), the Cinergy offset shall be as follows: Executive's Age Monthly Lifetime At Retirement Cinergy Offset 55 $7,717.64 56 $8,147.26 57 $8,575.59 58 $9,432.25 59 $10,290.19 60 $11,148.14 61 $12,004.80 62 or later $12,862.74 The monthly benefit calculated above shall be paid for the life of Executive and thereafter 50% of such monthly benefit amount shall be paid to Executive's surviving spouse, if any, for her remaining lifetime.
By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Chief Operating Officer /s/ ▇▇▇▇▇▇ ▇.