Examples of Deferred Retirement Benefit in a sentence
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).
Teams must make payment of the prescribed fees as specified by the BH management.
The Deferred Retirement Benefit Funding Asset reflects the expectation that the Department of Further and Higher Education, Research, Innovation and Science will continue to pay pensions and retirement lump sums as they fall due.
Further, if the Plan is not terminated upon such Change of Control, Fund American will continue to contribute to the trust, on an annual basis, an amount of cash equal to the Deferred Retirement Benefit awarded to each Participant after the Change of Control.
The amount of the monthly benefit shall equal the monthly Normal, Early or Deferred Retirement Benefit, whichever applies.