Full retirement age definition

Full retirement age means the age at which a person is
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Full retirement age means the age at which a person is eligible to receive full retirement for full retirement benefits under section 216 of the federal Social Security Act (42 U.S.C. s.416).
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Full retirement age means the age at which an individual is eligible to
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Examples of Full retirement age in a sentence

  • Full retirement age increasingSocial Security refers to age 65 as full retirement age for people born before 1938.

  • Full retirement age (referred to as FRA) is age 66 for anyone born between 1943 and 1954.

  • Full retirement age for people born in 1938 is age 65 and 2 months.

  • Full retirement age is the age at which a person may first become entitled to full or unreduced retirement benefits.

  • Full retirement age is as follows: Tier 1 General Employee 55 yrs Tier 1 Safety Employee 50 yrs Tier 2 General Employee 62 yrs Tier 2 Safety Employee 57 yrs Reimbursements will be made for qualified expenses not covered by insurance and for health plan premiums (including but not limited to medical, dental, vision, etc.) not paid by current employer or retirement plan, for the retiree and eligible dependents, in accordance with IRS regulations.

  • Full retirement age is 66 and two months for people born 01/02/1955 through 01/01/1956.

  • Full retirement age is the age at which a person first becomes entitled to full (unreduced) retirement benefits.

  • Full retirement age ranges from age 65 for those born before 1938 to age 67 for those born in 1960 or later, the same as Social Security.

  • Full retirement age for Social Security benefits is now based on the year you were born, and the age when full benefits start has been raised.

  • Full retirement age for a spouse is gradually rising to age 67, just as for an employee, depending on the year of birth.


More Definitions of Full retirement age

Full retirement age means the payor’s usual or ordinary retirement age for United States old-age social security benefits. It shall not mean “early retirement age” if early retirement is available to the payor or “maximum benefit retirement age” if additional benefits are available as a result of delayed retirement. 2. General Term Alimony. (a) General Term Alimony shall terminate upon the remarriage of the recipient or the death of either spouse, provided that the court may require the payor spouse to provide life insurance or another form of reasonable security for payment of sums due to the recipient in the event of the payor’s death during the alimony term. (b) Except upon a court finding that deviation beyond the time limits of this section are required in the interests of justice, where the Duration of Marriage is twenty years or less, General Term Alimony shall terminate no later than a date certain in accordance with durational limits set forth below:
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Full retirement age means the age at which an individual is eligible to receive full Social Security retirement benefits.
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Full retirement age means the age when the payor is eligible to receive full retirement benefits under the federal Old Age, Survivors, and Disability Insurance Social Security program.
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Related to Full retirement age

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

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

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

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

  • 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).

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • 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.

  • Approved Retirement means any voluntary termination of employment that occurs on or after the date on which the sum of your age and years of employment with Deluxe and/or its Affiliates equals at least seventy-five (75) and that is approved by the Compensation Committee of the Board.

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