Full Social Security Age definition

Full Social Security Age means the earliest age at which a Member can receive unreduced Social Security benefits under the federal Old Age Insurance Program, i.e., the Member’s “retirement age” as defined in 42 U.S.C. § 416(l).

Examples of Full Social Security Age in a sentence

  • For payment periods on and after Full Social Security Age, a benefit which shall be the greater of (A) the amount calculated under Section 5.03(a)(1), or (B) the amount provided by benefit formulas in effect on June 30, 1987, for payment periods on and after the Member's 65th birthday.

  • For payment periods on and after Full Social Security Age, the benefit shall be the amount calculated under Section 5.02(a).

  • For payment periods before Full Social Security Age, an additional temporary benefit equal to the factor described in subsection (a)(1)(C) multiplied by 1.00 percent of Final Average Compensation multiplied by years of Credited Service at retirement.

  • The Member’s completion of 30 years of Credited Service.For a Member who entered Eligible Employment on or after July 1, 2017, “Service Retirement Date” shall mean the first day of the calendar month coinciding with or next following the earlier of:(a) the Member’s Full Social Security Age, if the Member has completed five years of Credited Service; or(b) the date that the sum of the Member’s age (in years and months) andthe Member’s Credited Service (in years and months) equals 90.

  • Service Retirement Eligibility: A member may retire at Full Social Security Age (FSSA) with 5 or more years of credited service, or when the sum of age plus service is greater than or equal to 90 (i.e., Rule of 90).

  • The District’s responsibility is to promptly report to and cooperate with the ASBSD-PLF to resolve any incident which could result in a claim being made by or against the District.

Related to Full Social Security Age

  • Social Security means the old-age survivors and disability section of the Federal Social Security Act;

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • Primary Social Security Benefit means, with respect to any member, the primary insurance amount

  • Participating Clinical Social Worker means a Clinical Social Worker who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Social Security Benefit means the Primary Insurance Amount to which a Participant becomes entitled at age sixty-five (65) under Social Security legislation in effect on the earliest of his Normal Retirement Date, early retirement date or Termination Date.

  • Non-Participating Clinical Social Worker means a Clinical Social Worker who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Social Security Benefits means any social insurance, pension insurance benefits, medical insurance benefits, work-related injury insurance benefits, maternity insurance benefits, unemployment insurance benefits and public housing reserve fund benefits or similar benefits, in each case as required by any applicable Law or contractual arrangements.

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

  • 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 2021 - it does not include any amounts which might be payable to an eligible spouse or children.

  • Social Security Act means the Social Security Act of 1965.

  • Social Security Number Employee Date of Hire: Job Title: Employee D.O.B: Name of Cost Center working for Race of Employee (two part question):

  • School-age child means a child age five through 12 years old.

  • Social Security numbers The Contractor agrees to comply with all applicable Vermont State Statutes to assure protection and security of personal information, including protection from identity theft as outlined in Title 9, Vermont Statutes Annotated, Ch. 62.

  • Preschool age child means a child age three through five not yet attending kindergarten. If a child is older than age five and not attending kindergarten or a higher grade, OCCL considers that child in the preschool-age group.

  • authorised employee means a municipal employee who is authorised in terms of delegated or sub-delegated authority by the Municipality to exercise a power or perform a duty in terms of this By-law or to inspect land and buildings in order to enforce compliance with this By-law or the zoning scheme;

  • Eligible Authorised Participant means any entity that meets the requirements of the LS Operating Procedures Agreement.

  • Licensed clinical social worker means an individual who meets the licensed clinical social worker requirements established in KRS 335.100.

  • Applicable Wages means the basic straight time wages for all hours worked, including:

  • Authorized Employee means an employee of Processor who has a need to know or otherwise access Personal Data to enable Processor to perform their obligations under this Addendum or the Agreement.

  • relevant minimum wage means the minimum wage and includes any incremental adjustment prescribed in this award for the class of work for which an employee is engaged

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Authorised Participant means the Initial Authorised Participant, the Second Authorised Participant and any Additional Authorised Participant.

  • Initial Authorised Participant means BNP Paribas Arbitrage S.N.C. and any successor thereto.

  • Additional Authorised Participant means any Eligible Authorised Participant (other than the Initial Authorised Participant or the Second Authorised Participant) that has entered into an Authorised Participant Agreement with the Issuer and has acceded to the LS Operating Procedures Agreement.

  • Group health insurance coverage means in connection with a group health plan, health insurance