Normal Retirement Pension definition

Normal Retirement Pension means the pension benefit provided in Section

Normal Retirement Pension means a Pension payable to a Participant whose Termination occurs on or after his Normal Retirement Date.

Normal Retirement Pension means the Pension payable pursuant to section 3.1.

Examples of Normal Retirement Pension in a sentence

• As of the effective date of this Agreement, the monthly amount per Year of Credited Service payable as a Normal Retirement Pension (the “Monthly Benefit”) is $572.13.

• Subject to the maximum and minimum limitations herein set forth, the Retirement Board shall pay to each Employee who has retired in accordance with Article VI, a Normal Retirement Pension for life.

• All benefits are determined by the facts and Plan provisions applicable at or prior to your retirement or termination of employment.The Normal Retirement Pension payable under the Plan is independent of, and in addition to, any Social Security payments you receive for yourself and for your spouse.Employment After Age 65Subject to your continued ability to perform your duties, your employment may continue beyond your Normal Retirement Date.

• The Pension Plan’s benefit formula for a Normal Retirement Pension is the sum of (a) 1.65 percent of FAC60 times “Years of Benefit Service” and (b) 0.50 percent of (i) FAC60 in excess of Social Security covered compensation items and (ii) “Years of Benefit Service” (not to exceed 35).

• Judge Lobree agreed with Vice-Chair Upson and Chair Rothstein-Youakim.

More Definitions of Normal Retirement Pension

Normal Retirement Pension means the monthly benefit to which a Participant is entitled under the provisions of Section 4.02, expressed as a single life annuity commencing at the Participant’s Normal Retirement Date.

Normal Retirement Pension means the annuity pension described in Section 6.1 (Normal Retirement Pension).

Normal Retirement Pension means the pension benefit described in Section IV.

Normal Retirement Pension under Schedule B means: two and one-quarter percent (2.25%) of a Participant’s Average Monthly Compensation multiplied by years of full-time Credited Service.

Normal Retirement Pension means Normal Retirement Pension as defined in Rule 6.

Normal Retirement Pension means Normal Retirement Pension as defined in Rule 6. "Notional GMP" means, in relation to a Member or his spouse, the amount which would have been the Scheme Guaranteed Minimum at Normal Pension Date (or, where applicable, the earlier date of the Member's death) if the percentage increase under Section 148 of the Social Security Administration Act 1992 in each Tax Year after the

Normal Retirement Pension means a Pension payable to a Participant (a) whose Termination occurs on or after his Normal Retirement Age or (b) whose Termination is a Public Safety Retirement.3