Estimated Social Security definition

Estimated Social Security means, for an employee covered by Social Security, an employee's estimated OASDI retirement benefit. The benefit is based upon an estimated "average indexed monthly earnings" for an employee retiring at age 65 in 2023 - it does not include any amounts which might be payable to an eligible spouse or children.
Sample 1Sample 2Sample 3
Estimated Social Security means, for an employee covered by Social Security, an employee’s estimated OASDI retirement benefit and is based upon an estimated “average indexed monthly earnings” for an employee retiring at age 65 in 2009—it does not inclde any amounts which might be apayable to an eligible spouse or children .
Sample 1
Estimated Social Security means, for an employee covered by Social Security, an employee’s estimated OASDI retirement benefit is based upon an estimated “average indexed monthly earnings” for an employee retiring at normal Social Security retirement age (SSRA) in 2010. It does not include any amounts which might be payable to an eligible spouse or children. Note that a member may draw a reduced Social Security benefit as early as age 62.
Sample 1

Examples of Estimated Social Security in a sentence

  • For purposes of this Section 2, the following terms have the following meanings: Annual Estimated Social Security Benefit.

  • The Company shall determine the Annual Estimated Social Security Benefit in accordance with the Social Security Act in effect at the end of the calendar year preceding such January 1.

  • The Annual Estimated Social Security Benefit shall be adjusted to include any social security, severance, or similar benefit provided under foreign law or regulations as the Committee may prescribe by rules and regulations.

  • If an Employee has less than 35 years of Credited Service, the Annual Estimated Social Security Benefit determined under the above paragraph is multiplied by a factor, the numerator of which is the number of years of the Employees’ Credited Service to his or her date of retirement or death, whichever is earlier, and the denominator of which is 35.

  • In determining the benefit under this Plan, the Average Annual Compensation shall be based on the last 120 completed months with the successor employer before the Employee’s Service termination date and the Annual Estimated Social Security Benefit shall be determined as though the Employee’s retirement date was the date of termination.

  • The Court has authorized this notice because you have the right to know about the Settlement and your options before the Court decides whether to approve it.

  • Estimated Social Security Disability Income Amount and Revised Social Security Disability Income AmountA.

  • If an Employee has less than 35 years of Credited Service, the Annual Estimated Social Security Benefit determined under the above paragraph is multiplied by a factor, the numerator of which is the number of years of the Employees’ Credited Service to his or her date of retirement or death, or December 31.

  • Estimated Social Security Disability Income Amount and Revised Social Security Disability Income Amount 36R2-8-803.

  • The Accrual Base was calculated as the Minimum Guaranteed Benefit, plus two-thirds of the Estimated Social Security Benefit, multiplied by the PIA Reduction Factor, all as of December 31, 1983.

Related to Estimated Social Security

  • Clinical social worker means a person who practices social work as defined in § 54.1-3700.

  • Environmental and Social Management Framework or “ESMF” means the framework of the Recipient dated January 2007, as the said framework may be amended and/or supplemented from time to time with the prior concurrence of the Association, setting forth the policy framework, principles, standards, processes and institutional arrangements to be applied to assess potential adverse environmental and social impacts associated with road project activities and the ways to avoid, minimize, mitigate or offset them, including public consultation, disclosure and reporting.

  • Environmental and Social Management Plan or “ESMP” means a site-specific environmental and social management plan to be prepared in accordance with the parameters laid down in the ESMF and acceptable to the Association, setting forth a set of mitigation, monitoring, and institutional measures to be taken during the implementation and operation of the Project activities to eliminate adverse environmental and social impacts, offset them, or reduce them to acceptable levels, and including the actions needed to implement these measures.

  • Social services means foster care, adoption, adoption assistance, child-protective services, domestic violence services, or any other services program implemented in accordance with regulations adopted by the Board. Social services also includes adult services pursuant to Article 4 (§ 51.5-144 et seq.) of Chapter 14 of Title 51.5 and adult protective services pursuant to Article 5 (§ 51.5-148) of Chapter 14 of Title 51.5 provided by local departments of social services in accordance with regulations and under the supervision of the Commissioner for Aging and Rehabilitative Services.

  • Social worker means a person with a master's or further

  • Final Payment Certificate means the payment certificate issued under Sub-Clause 14.13 [Issue of Final Payment Certificate].

  • Environmental and Social Standards or “ESSs” means, collectively: (i) “Environmental and Social Standard 1: Assessment and Management of Environmental and Social Risks and Impacts”; (ii) “Environmental and Social Standard 2: Labor and Working Conditions”; (iii) “Environmental and Social Standard 3: Resource Efficiency and Pollution Prevention and Management”;

  • Environmental and Social Commitment Plan or “ESCP” means the environmental and social commitment plan for the Project, dated June 17, 2021, as the same may be amended from time to time in accordance with the provisions thereof, which sets out the material measures and actions that the Recipient shall carry out or cause to be carried out to address the potential environmental and social risks and impacts of the Project, including the timeframes of the actions and measures, institutional, staffing, training, monitoring and reporting arrangements, and any environmental and social instruments to be prepared thereunder.