Disability retirement allowance definition

Disability retirement allowance means the periodic payment be-
Disability retirement allowance means the periodic payment be- coming payable upon an active member's ceasing to be an employee while eligi- ble for disability retirement.
Disability retirement allowance means monthly

Examples of Disability retirement allowance in a sentence

  • A PFRS member with at least four years of service, but less than 20 years, who meets the qualifications for Ordinary Disability shown above and who is required to retire upon application by the employer, will receive an Ordinary Disability retirement allowance of 40 percent of Final Compensation, or 1.5 percent of Final Compensation for each year of service, whichever is higher.


More Definitions of Disability retirement allowance

Disability retirement allowance means the periodic payment be- coming payable to a member who meets all applicable eligibility requirements for disability retirement.
Disability retirement allowance means the SERP retirement benefits payable under Section 4.1(c) to a Participant who experiences a Separation from Service due to a Disability.
Disability retirement allowance means the periodic payment
Disability retirement allowance means the SERP retirement benefits payable to an otherwise eligible Participant, as described in Section 4.1(c), who experiences a Separation from Service due to a Disability.
Disability retirement allowance means the retirement benefit to which a
Disability retirement allowance means the periodic payment be- coming payable upon an active member's ceasing to be an employee while eligi- ble a member who meets all applicable eligibility requirements for disabil- ity retirement.
Disability retirement allowance has the meaning set forth in Article IX.