Deferred Retirement definition

Deferred Retirement means an Employee’s continued employment after his sixty-fifth (65th) birthday.
Deferred Retirement means the Director has met the eligibility requirements described in Article 2 and has a Separation from Service after his Normal Retirement Age for any reason other than following a Change in Control.

Examples of Deferred Retirement in a sentence

  • General employees who were hired prior to July 1, 2007 may elect a Deferred Retirement Option Program (DROP) upon eligibility.


More Definitions of Deferred Retirement

Deferred Retirement means retirement, as described in Section 5.3, which occurs after the participant’s normal retirement date.
Deferred Retirement means the continued employment of an Active Member after his Normal Retirement Date.
Deferred Retirement means the period beginning with a Participant’s Normal Retirement Date and ending with the date that he or she retires from the Company.
Deferred Retirement means retirement when a worker or a self-employed worker elects to retire after meeting the requirements for normal retirement. A worker or self- employed worker must have attained or exceeded the age of sixty (60) years and one (1) month and be fully insured to be entitled to deferred retirement as set forth in Paragraph 136(1)(c) of this Chapter.
Deferred Retirement means Separation from Service by the Participant after attaining age 70.
Deferred Retirement means a Termination of Employment after the Participating Executive’s Normal Retirement Date other than by reason of death, Disability, or by the Company for Cause.
Deferred Retirement means an Employee's continued employment after his sixty-fifth (65th) birthday.