Base pension definition
Base pension means the amount of
Base pension means the amount of retirement, death, or disability benefits as determined at the earliest of the time a Group B member and, solely for the purposes of Section 6.12 of this article, a Group A member:
Base pension means the amount of retirement, death, or disability benefits under this Plan as determined at the earliest of the time a Member enters DROP, leaves or left Active Service, dies, or becomes entitled to a disability pension or periodic disability compensation under the Combined Pension Plan. Solely for purposes of this definition, when a Member becomes entitled to a disability pension or periodic disability compensation, Base Pension shall be determined as of the date on which the disability pension or periodic disability compensation commences.
Examples of Base pension in a sentence
As used in this section: 8 (1) "Base pension benefit" is the amount listed on Appendix A, Appendix D-A, and 9 Appendix E-A, attached to the settlement agreement, under the column labeled "amount prior to 10 reduction", which is the amount each Central Falls retiree was receiving as of July 31, 2011.
More Definitions of Base pension
Base pension means, when used in connection with a member, the pension computed under
Base pension means a Single Life Annuity payable for life beginning at the Normal Retirement Date of the Participant, equal to fifty-five percent (55%) of the Final Average Compensation, reduced by the Pension Offsets.