Normal Pension Date definition

Normal Pension Date means the sixty-fifth anniversary of birth of a Member;
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Normal Pension Date means the date of the Member's 65th birthday or such other date (not prejudicing Approval) notified to the Board of Directors by the Principal Company to be the Normal Pension Date in relation to a Member or category of Members. If the Member has been notified in writing that a different Normal Pension Date will apply, the date notified to him will be his Normal Pension Date for the purposes of the Fund. Provided that -
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Normal Pension Date means his or her 60th birthday.
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Examples of Normal Pension Date in a sentence

  • Once you become vested, it does not matter what happens after that time, you will be entitled to receive your pension benefit at your Normal Pension Date (or your Early Pension Date, if eligible).

  • In the period between the Normal Pension Date and 10 years after, the Participant has the right to postpone the pension date on a yearly basis.

  • Where funds were received in specific currencies in which the Group expected to have future exposures, the Investment Strategy made allowances to place these funds on deposit.

  • He mentioned 2675 West and asked whether that road would go straight into the tracks and whether this would depend on the station or development.

  • You must have been in the Plan, continuously, for at least five years up to your Normal Pension Date.

  • The rate increase requested by PacifiCorp through this Application reflects and passes through to customers both increased costs and savings to the utility for providing electric serviceto its customers within California.

  • Once you become vested, it does not matter what happens later, you will be entitled to receive your accrued pension benefit at your Normal Pension Date or, if eligible, your Early Pension Date.

  • Once you become vested, you will be entitled to receive your accrued pension benefit at your Normal Pension Date (or your Early Pension Date, if eligible) even if you leave covered employment and never return.

  • The Governing Body will follow statutory guidance on determining the school group size and consequential pay range, where a head teacher is permanently responsible and accountable for more than one school and on determining the pay of a head teacher temporarily accountable for more than one school.

  • If Paul had chosen Level1 membership in the example quoted, his pension at Normal Pension Date would have been £2,174.


More Definitions of Normal Pension Date

Normal Pension Date means the 31st August in the calendar year of the Member’s 68th birthday provided that for the purpose of the calculation of benefits only
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Normal Pension Date means the day on which a Member or former Member attains his normal pension age (within the meaning of the 1993 Act) under the Scheme.
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Normal Pension Date means the date described as such on the Certificate.
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Normal Pension Date means in relation to a Member the 65th birthday. The application of this definition throughout the Rules shall be on the basis that if a Member were to retire at the Normal Pension Date such day would be his last day in Service.
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Related to Normal Pension Date

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

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

  • Retirement Benefit means the benefit set forth in Article 5.

  • 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).

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Actuarial equivalent means a benefit of equal value when

  • 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.

  • Accrual Termination Date Not applicable.

  • 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.

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

  • Extended benefit period means a period which:

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

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

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

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

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

  • Termination Benefit means the benefit set forth in Article 7.

  • occupational pension means any pension or other periodical payment under an occupational pension scheme but does not include any discretionary payment out of a fund established for relieving hardship in particular cases;

  • Starting Date means the date referred to in Clause 3.3 hereof;

  • war pension means a war disablement pension, a war widow’s pension or a war widower’s pension;

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

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

  • Accrued Benefit have the meanings specified in ERISA.

  • state pension credit means state pension credit under the State Pension Credit Act 2002;