County retirement plan definition

County retirement plan means a county retirement plan established under section 12a of 1851 PA 156, MCL 46.12a.
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County retirement plan means a county retirement plan
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Examples of County retirement plan in a sentence

  • Retirement benefits are subject to the terms of the County retirement plan.

  • An elected official who chooses to continue to participate in another County retirement plan may become a member of the EOP at any time while an elected official after terminating participation in the other plan.

  • An elected official who chooses to continue to participate in another County retirement plan under paragraph (4)(B) may become a member of the elected officials' plan at any time while an elected official after terminating participation in the other plan.

  • Each employee who retires under the terms and conditions of the County retirement plan will be paid an amount of money equal to 50% of such employee's accumulated sick leave as of the date of retirement.

  • Per the Management, Confidential Clerical and Other Unrepresented Employees Resolution, Article 5, Section 504, employees covered by the resolution who retire after July 1, 1999 under the Ventura County retirement plan shall receive monthly payments.

  • Membership RequirementsEffective January 1, 2007, State and County retirement plan membership is mandatory for all full-time employees immediately upon date of hire.

  • Any accumulated medical leave shall be forfeited upon termination of employment, except that upon an employee’s death while the employee is employed with the County or upon retirement under the provisions of the County retirement plan, or upon resignation in good standing from the County with 20 years or more of service, one-half of the employee's accumulated medical leave up to a maximum of 360 hours shall be paid.

  • The County and the Union agree to the continuation of the present health insurance benefit plan and the present County retirement plan.

  • During the term of this Agreement, the County will contribute to the purchase of a life insurance benefit for all full-time employees eligible to participate in the County retirement plan.

  • See also Ass’n of State Prosecutors, 199 Wis.2d at 558 (holding that vested members of a Milwaukee County retirement plan held a property right subject to just compensation).There is support for an argument that the bondholders (or the Indenture Trustee acting on their behalf) have a vested property interest in the ETBs and the Environmental Control Property under any definition of vested right listed above.

Related to County retirement plan

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Disability retirement for plan 1 members, means the period

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Retirement program means a program of rights and obligations which a county, city, village, or township establishes, maintains, or participates in and which, by its express terms or as a result of surrounding circumstances, does 1 or more of the following:

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Continuing care retirement community means a residential

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Early Retirement Date means: the day on which a Participant who has attained age fifty-five (55), but has not reached age sixty-five (65), with ten (l0) or more years of Credited Service, retires. A Participant is eligible for early retirement on the first day of the calendar month coincidental with or immediately following the attainment of age fifty-five (55) and the completion of ten (l0) years of Credited Service, and "early retirement" shall mean retirement by an eligible Participant at the Early Retirement Date.

  • Late Retirement Date means the first day of the month coinciding with or next following a Participant's actual Retirement Date after having reached his Normal Retirement Date.