General Retirement Plan definition
Examples of General Retirement Plan in a sentence
This state mandated retirement tier shall be known as the Tier V General Retirement Plan.
Effective March 13, 2005, the County implemented the 2%@55.5 retirement enhancement (Government Code Section 31676.14) for workers in the General Retirement Plan.
Effective March 13, 2005, the County implemented the 2%@55.5 retirement enhancement (Government Code Section 31676.14) for employees in the General Retirement Plan.
The Executive will begin receiving benefits from the Company's General Retirement Plan at the first early retirement date provided by the General Retirement Plan.
This implementation is further contingent on reaching agreement with all employee organizations representing employees in the General Retirement Plan or on enactment of legislation enabling implementation of such benefits by individual bargaining unit.
The County will implement the 2%@55.5 retirement enhancement (Government Code Section 31676.14) for employees in the General Retirement Plan in March, 2005.
For purposes of this Section 2.6, an "actuarial equivalent" shall be determined using the same assumptions utilized under the American General Retirement Plan (or any successor plan thereto) immediately prior to the Executive's termination of employment, or, if earlier and more favorable to the Executive, immediately prior to the Change in Control.
This implementation is contingent on reaching agreement with all employee organizations representing employees in the General Retirement Plan or on enactment of legislation enabling implementation of such benefits by individual bargaining unit.
In calculating an alternative form of payment for the Retirement Benefit, the Administrator shall use the same assumptions utilized under the American General Retirement Plan (or any successor plan thereto) immediately prior to the Executive's termination of employment, or, if a Change in Control shall have occurred prior to the Executive's termination of employment, the assumptions so utilized immediately prior to the Change in Control, if more favorable to the Executive.
Effective December 31, 2016, the Company amended the General Retirement Plan for Employees of ▇▇▇▇▇▇▇▇▇ Technology Corporation to freeze the accrued benefits of Participants and to eliminate certain ancillary benefits.