Normal Retirement Pension definition

Normal Retirement Pension means the pension benefit provided in Section
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Normal Retirement Pension means a Pension payable to a Participant whose Termination occurs on or after his Normal Retirement Date.
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Normal Retirement Pension means the Pension payable pursuant to section 3.1.
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Examples of Normal Retirement Pension in a sentence

  • A Participant shall be eligible for a Normal Retirement Pension if his employment is terminated on or after his Normal Retirement Age.

  • Payment of a Normal Retirement Pension shall commence as of the first day of the month coincident with or immediately following the Participant’s Retirement.

  • Except as provided in this Section 3.1, under no circumstances will a Participant or a former Participant be entitled to a Benefit under this Plan unless Participant becomes Vested in his Normal Retirement Pension Benefit.

  • A Participant’s right to his Normal Retirement Pension shall be non-forfeitable on attainment of his Normal Retirement Age.

  • The eligible Participant's normal retirement benefit shall be a monthly amount equal to his Target Normal Retirement Benefit reduced by the sum of (1) his Assumed Normal Retirement Pension Benefit and (2) his Social Security Benefit.


More Definitions of Normal Retirement Pension

Normal Retirement Pension means the monthly benefits to which a Participant is entitled under the provisions of Section 4.02, expressed as a single life annu- ity commencing at the Participant’s Normal Retirement Date.
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Normal Retirement Pension means the annuity pension described in Section 6.1 (Normal Retirement Pension).
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Normal Retirement Pension means the pension benefit described in Section IV.
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Normal Retirement Pension under Schedule A means: two and one-quarter percent (2.25%) of a Participant’s Average Monthly Compensation multiplied by years of full time Credited Service.
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Normal Retirement Pension means Normal Retirement Pension as defined in Rule 6.
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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
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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
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