Late retirement means retirement under section 33 or 51 after attaining normal retirement age;

Examples of Late retirement in a sentence

Late retirement date means, if you continue working for us after your normal retirement date, any day on or after the date you stop working.
Late retirement date means, if you continue working for us after your normal retirement date, the first day of the month on or after the date you stop working.
Late retirement date means, if you continue working for us after your normal retirement date, the earliest first day of the month on or after the date you stop working.
Late retirement benefits are calculated based on two-thirds of final pensionable compensation and actuarial factors based on the number of years after age 62.
Late retirement benefits are calculated in the same manner as normal retirement benefits.

More Definitions of Late retirement

Late retirement means retirement from service with the Employer after the Participant has attained age 65 which becomes effective on the first day of the month immediately following the Plan Year quarter during which the Participant retires from service with the Employer.

Late retirement means separation from service as a result of which a Participant or Former Participant is entitled to receive benefits under Section 6.2.

Late retirement means the continued employment of an Active Participant after his or her Normal Retirement Date.

Late retirement. A Member who defers retirement in accordance with the provision of Section 4.03, shall, beginning on his Late Retirement Date, receive the Retirement Benefit payable under Options 1, 2, 3, 4 or 5, if duly elected, calculated in accordance with Section 5.03. If a Member who has elected Option 1, 2, 3, or 5 should die after his Normal Retirement Date but before his Late Retirement Date, payment of the Retirement Benefit shall commence to be made to the designated contingent annuitant, if surviving, or the designated beneficiary (as the case may be, in accordance with the terms of the Member’s election) commencing on the first day of the month next following the Member’s death. If the death of the designated contingent annuitant under Option 1, 2, 3, or 5 occurs subsequent to the Member’s Normal Retirement Date but prior to his Late Retirement Date, the election of the Option shall be deemed to be still in effect if another option has not been elected, and the Member shall receive, commencing at his Late Retirement Date, the adjusted Retirement Benefit payable in accordance with his election of such Option. In the event the election of an Option is made after the Member has attained his Normal Retirement Age, the Actuarial Equivalent value shall be based as if the Member elected the Option on his Normal Retirement Age.

Late retirement as such terms are defined under the provisions of the Beckman Instruments, Inc. Pension Plan, or if such plan is not applixxxxx xo Employee then under the applicable retirement policy or plan or as determined by the Committee in its discretion.

Late retirement means retirement by an Employee who satisfies the eligibility requirements of Article III and retires on his or her Late Retirement Date.