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.
Eligible Pensioner Any disability pensioner who was a member of the Association at time of retirement or any other pensioners who, on the adjustment date, has reached age sixty (60) and who, at retirement time, was a member of the Association.
An “Application for Hardship (Including Eligible Pensioner) Rate Relief Statutory Declaration” form will be required every two years.