Early retirement allowance definition

Early retirement allowance means the Retirement Allowances payable pursuant to Article II, A(3) of the PM Retirement Plan.
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Early retirement allowance means the periodic payment becoming
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Early retirement allowance means the periodic payment becoming payable to a member who meets all applicable eligibility requirements for early retirement.
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Examples of Early retirement allowance in a sentence

  • An employee who makes application for Option A, B, or C, may cancel his/her application for any reason prior to the date his/her Normal or Early retirement allowance becomes effective.

  • Early retirement allowance will cease should the employee die before age sixty-five (65).

  • NORMAL AND EARLY RETIREMENT* * *(d) Early retirement allowance.* * * (5) Notwithstanding subdivisions (1) and (2) of this subsection, a State’s Attorney, the Defender General, or sheriff who has completed 20 years of creditable service, of which 15 years has been as a State’s Attorney, the Defender General, or sheriff, shall receive an early retirement allowance equal to the normal retirement allowance, at age 55, without reductions.* * *Sec.


More Definitions of Early retirement allowance

Early retirement allowance means the periodic payment becoming payable upon an active member's ceasing to be an employee while eligible for early retirement.
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Early retirement allowance means the SERP retirement benefits payable under Section 4.3 to a Participant who retires prior to attaining Normal Retirement Age.
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Early retirement allowance means the benefit described in Section 3.02.
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Early retirement allowance means the periodic payment becoming payable upon an active member's ceasing to be an employee while eligible a member who meets all applicable eligibility requirements for early retire- ment.
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Early retirement allowance means the Supplemental Retirement Allowance that is payable to an Active Participant who retires before attaining Normal Retirement Age, but after attaining age 55 with fifteen (15) or more years of Creditable Service, or after attaining an age that, when added to his Creditable Service, totals at least 85 years.
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Related to Early retirement allowance

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Early Retirement Age means the date that the Executive has attained age 55 and completed seven Years of Service.

  • Early Retirement means retirement, with consent of the Committee at the time of retirement, from active employment with the Company and any Subsidiary or Parent Corporation of the Company.

  • Early Retirement Date means: the day on which a Participant who has attained age fifty-five (55), but has not reached age sixty-five (65), with ten (l0) or more years of Credited Service, retires. A Participant is eligible for early retirement on the first day of the calendar month coincidental with or immediately following the attainment of age fifty-five (55) and the completion of ten (l0) years of Credited Service, and "early retirement" shall mean retirement by an eligible Participant at the Early Retirement Date.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Disability allowance means monthly payments during

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Accrued Benefit have the meanings specified in ERISA.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Retirement Age means the earlier to occur of the Participant attaining: (i) age 65 or more; or (ii) age 60 or more with at least 15 years of continuous Service, provided that the Participant has continuously remained in Service from the Award Date until the earlier to occur of (i) or (ii).

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Termination Benefit means the benefit set forth in Article 7.

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

  • SERP Benefit means the benefit described in Section 5.1.

  • Disability retirement for plan 1 members, means the period

  • Normal Retirement Age means the Executive's 65th birthday.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • disability living allowance means a disability living allowance under section 71 of the SSCBA;

  • retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;