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

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.

Examples of Deferred Retirement Benefit in a sentence

• Accordingly, such difference will be considered an additional Deferred Retirement Benefit or Detriment, as the case may be, but will be taken into account solely in determining the Deferred Retirement Benefit amount for the Plan Year following the Plan Year to which the adjustment relates.

• 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.

• A Member who remains an Eligible Employee beyond his Normal Retirement Date shall be entitled to a Deferred Retirement Benefit, calculated in accordance with Section 4.1 and in accordance with the provisions of the Plan as in effect as of his Severance from Service Date.

More Definitions of Deferred Retirement Benefit

Deferred Retirement Benefit means the benefit described in Section 4.4.

Deferred Retirement Benefit means a benefit

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 any Retirement Benefit that (i) is subject to the Minimum Distribution Rules, and (ii) a Designated Beneficiary of such benefit has the option (either under the terms of the plan or arrangement that governs such benefit, or by causing the benefit to be transferred to an inherited IRA) to take distributions of such benefit in annual installments over the Life Expectancy of the (or of the oldest) Designated Beneficiary. “Deferred Retirement Benefits” means all of such interests collectively. Benefits payable under a plan or arrangement that is not subject to the Minimum Distribution Rules (such as under current law, a “nonqualified deferred compensation plan”) are not Deferred Retirement Benefits.

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.