Examples of Eligible Pensioner in a sentence
The Income Stabilization Benefit, which will be calculated in the first year following the Effective Date and will not increase thereafter, will be provided by the applicable Retirement System to each Eligible Pensioner.
In addition, to the extent that an Eligible Pensioner's estimated adjusted annual household income (as determined by the applicable Retirement System) in any calendar year after the first year of the income stabilization program is less than 105% of the Federal Poverty Level for such year, the applicable Retirement System will distribute the Income Stabilization Benefit Plus to such Eligible Pensioner.
Effective July 1, 2015, Medicare Eligible Pensioner contribution requirements will be 6.45% of each Pensioner’s gross monthly Pension benefit calculated as a straight life annuity, or $107.50, whichever is greater.
An “Application for Hardship (Including Eligible Pensioner) Rate Relief Statutory Declaration” form will be required every two years.
Eligible pensioners wishing to make an arrangement on their rates and charges on the grounds of financial hardship can do so by completing an “Application for Hardship (Including Eligible Pensioner) Rate Relief Statutory Declaration which will be kept on file.