Deferred Retirement Benefit definition

Deferred Retirement Benefit means the retirement benefit, expressed in U.S. dollars, deferred pursuant to ARTICLE VI of this Plan.

Deferred Retirement Benefit means a benefit

Deferred Retirement Benefit means the benefit paid to a Member commencing on his or her Deferred Retirement Date determined under Section 6.02.

Examples of Deferred Retirement Benefit in a sentence

• An Executive who retires after his or her Normal Retirement Date shall be entitled to a Deferred Retirement Benefit equal to the Normal Retirement Benefit under this Article III, but increased with interest for each Year of Post-Normal Retirement Date Service, up to a maximum of ten (10) Years of Post-Normal Retirement Date Service.

• A Participant whose employment with the Employer continues beyond his or her Normal Retirement Date and whose entitlement to benefits under the Plan has not been forfeited in accordance with subsection (b) of section 3.2 (Continuation of Participation), shall retire on a Deferred Retirement Date and shall be entitled to a benefit in accordance with section 5.2 (Deferred Retirement Benefit).

• The Committee shall thereafter record to each Participant's Deferred Benefit Account, as of the last day of the previous Plan Year, the Deferred Retirement Benefit amount calculated pursuant to Section 6.3.

• Such transferred balances shall be considered an additional Deferred Retirement Benefit amount for the 1993 Plan Year in addition to the Deferred Retirement Benefit calculated pursuant to Section 6.3.

• Actuarial gains or losses arising on scheme liabilities are reflected in the Statement of Comprehensive Income and a corresponding adjustment is recognised in the Deferred Retirement Benefit Funding Asset.

More Definitions of Deferred Retirement Benefit

Deferred Retirement Benefit means a life annuity, the payment of which commences on a Member's Early or Normal Retirement Date, as may be applicable, whether or not it is continued after death to a Beneficiary, Surviving Spouse or Same Sex Partner.

Deferred Retirement Benefit means the benefit described in Section 4.4.

Deferred Retirement Benefit means the benefit payable under Section 3(c) to a Participant whose employment by the Affiliated Group terminates after his or her Normal Retirement Date.

Deferred Retirement Benefit means the retirement benefit, expressed in

Deferred Retirement Benefit. The monthly amount of Retirement Benefit payable to an employee who retires pursuant to Section of Article shall commence on such employee’s deferred retirement date and shall be equal to the benefits computed in accordance with Section of this Article V based on the employee’s credited service to normal retirement date.

Deferred Retirement Benefit means the benefit set forth in Section 3.2.

Deferred Retirement Benefit means the deferred retirement benefit --------------------------- payable to a Member under Section 4.3.