Minimum Retirement Age definition

Minimum Retirement Age shall have the meaning set forth in Section 2(c) hereof.
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Minimum Retirement Age means the earliest age at which a person may qualify to receive a regular, non−disability annuity or a lump sum payment in lieu of an annuity from the Wis- consin retirement system.
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Minimum Retirement Age means the minimum retirement age provided under subsection 4(1) and where the Minister prescribes a higher minimum retirement age under subsection 4(2), such higher minimum retirement age.
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Examples of Minimum Retirement Age in a sentence

  • There is no requirement to have coverage for 5 years of service prior to retirement in order to continue coverage into retirement, as there is with the FEHB Program.Your FEDVIP coverage will end if you retire on a Minimum Retirement Age (MRA) + 10 retirement and postpone receipt of your annuity.

  • Retirees must have retired with an immediate annuity (a FERS Minimum Retirement Age plus 10 annuity, postponed, counts as an immediate annuity).

  • Such changes implied an overnight increase in the average Minimum Retirement Age (MRA) of about 3 years for individuals aged 55 and more.

  • If you have separated from service under the FERS Minimum Retirement Age and 10 years of service (MRA+10) provision of 5 U.S.C. 8412(g), and have postponed receiving an annuity under that provision, you are eligible to apply for coverage under this part.

  • The Antwerp police have also developed a collaboration with schools in the form of a ‘School Adoption Plan’..

  • We call it Minimum Retirement Age (MRA) – the minimum between the retirement age for old age and seniority pension (see Section 4 and Figure 2, bottom panel) – and it is computed for all individuals in each year, on the basis of three characteristics (age, gender, number of accrued years of social security contribution) and according to two different sets of pension rules.

  • Subject to Section 2.4, in the event that a Participant becomes disabled prior to the Minimum Retirement Age, the Participant will be entitled to receive a Normal Retirement Benefit calculated as thought the Participant had completed fifteen Years of Service.

  • Labour laws relevant to the oil and gas sector include the Employment Act 1955 (Act 265), Immigration Act 1959/ 1963 (Act 155), Minimum Retirement Age Act 2012 (Act 753), Minimum Wages Order 2012, and Workmen’s Compensation Act 1952 (Act 273).

  • Minimum Retirement Age Under FERS Year of Birth Minimum Retirement Age 1947 or earlier 55 years 1948 55 years, 2 months 1949 55 years, 4 months 1950 55 years, 6 months 1951 55 years, 8 months 1952 55 years, 10 months 1953 to 1964 56 years 1965 56 years, 2 months 1966 56 years, 4 months 1967 56 years, 6 months 1968 56 years, 8 months 1969 56 years, 10 months 1970 or later 57 years Source: U.S. Office of Personnel Management.

  • As early as September 19, 2002, Shemami met with IIS officials and told them about the Federal Bureau of Investigation’s (“FBI”) interest in his trips to Iraq and Turkey.


More Definitions of Minimum Retirement Age

Minimum Retirement Age means age 55. Where the Member has a protected pension age for the purposes of Part 3 of Schedule 36 to the Finance Act 2004 the Member’s Minimum Retirement Age shall be their protected pension age (or age 50, if later);
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Minimum Retirement Age means an age based on an individual’s year of birth, as follows:
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Minimum Retirement Age means 62 years of age or, if another minimum retirement age is prescribed by the Minister under section 4(1) of the Act, that prescribed minimum retirement age.
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Minimum Retirement Age means the earliest age at which a person may qualify to receive a regular, non−disability
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Related to Minimum Retirement Age

  • Retirement Age means the earlier to occur of the Participant attaining: (i) age 65 or more; or (ii) age 60 or more with at least 15 years of continuous Service, provided that the Participant has continuously remained in Service from the Award Date until the earlier to occur of (i) or (ii).

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

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

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • 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).

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

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

  • Disability retirement for plan 1 members, means the period

  • 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.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • 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.

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

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • Late Retirement Date means the first day of the month coinciding with or next following a Participant's actual Retirement Date after having reached his Normal Retirement Date.

  • Severance from Service Date means the earlier of:

  • 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.

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

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Separates from Service or “Separation from Service” means the Participant’s termination of service as a non‑employee director and as an employee of UGI for any reason other than death and shall be determined in accordance with section 409A of the Code.

  • Retirement Eligibility means attainment of age 60 and completion of at least five (5) years of continuous service with the Company.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Qualified Retirement means a retirement from Service by the Executive in which, at the time of such retirement, the sum of the Executive’s age and aggregate 12-month completed periods of Service (whether or not such completed 12-month periods are consecutive), in each case without giving credit for any partial years, equals or exceeds 75.

  • Retires shall refer to the date which the Executive acknowledges in writing to Employer to be the last day the Executive will provide any significant personal services, whether as an employee or independent consultant or contractor, to Employer. For purposes of this Agreement, the phrase "significant personal services" shall mean more than ten (10) hours of personal services rendered to one or more individuals or entities in any thirty (30) day period.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.