Normal Retiring Date definition

Normal Retiring Date means the day on which a Member attains normal pension age (within the meaning of the Act) under the Scheme.
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Normal Retiring Date means a Member’s 60th birthday except that in the case of Members who are Hourly Paid Employees and joined the 1972 Scheme before 1 July 1999 it means the Member’s 65th birthday.
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Normal Retiring Date means a Member’s 65th birthday.
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Examples of Normal Retiring Date in a sentence

  • Membership of the Scheme must be open to persons who enter employment to which the Scheme relates more than 6 years before Normal Retiring Date.

  • A contribution equivalent premium shall be paid, subject to 15.2 below, in respect of a Member who ceases to be in Contracted-out Employment before whichever is the earlier of the Member's Normal Retiring Date and the end of the tax year preceding that in which the Member will reach State Pensionable Age with less than 2 years' Qualifying Service and less than 2 years' Contracted-out Employment.

  • Where commutation of the whole of a Member's deferred pension is taking place at Normal Retiring Date (or on the winding-up of the Scheme if earlier), the Member's pension in excess of GMP must be revalued up to Normal Retiring Date in accordance with Chapter II of Part IV of the Act, and the GMP revalued in accordance with (1) above.

  • If, on attainment of age 65 years or if applicable the later date under paragraph (a) of the definition of Normal Retiring Date or earlier retire- ment from the service of the Board a Member referred to in Rule 71 is married, or is a civil partner, or has one or more dependent children the proviso to Rule 51.11 shall not apply.

  • Contributions of Contributing Members (other than appropriate contri- butions, hereinafter prescribed, when paid in one lump sum) shall be paid from the date of admission to membership, and shall continue for so long as the Member is in the pay of the Board and has not become a Defined Contribution Scheme Member (but not after Normal Retiring Date).

  • Body movement has two forms: volitional movement and stretch reflex.

  • Any election under this Rule may be revoked by the Member before his retirement at Normal Retiring Date or earlier date of retirement on the grounds of ill-health and any such election will be automatically revoked by the death of the Member or his spouse or civil partner before the member’s attainment of age 65 or if applicable, the later date under paragraph (a) of the definition of Normal Retiring Date, or retirement whichever first occurs.

  • If a Contributing Member leaves the service of the Board before reach- ing Normal Retiring Date and without being entitled to benefits under Rules 51 and 56, benefits shall be payable as follows.

  • If a Contributing Member so wishes, he may elect at Normal Retiring Date or earlier date of retirement on the grounds of ill-health, to convert all or portion of his benefit under Rule 56.1 to increase the pension payable to himself under Rule 51.1 and/or his spouse or civil partner under Rule 76.1(a)(ii).

  • The maximum Reckonable Service attainable for spouses’, civil partners’ and/or children’s pension purposes under this Rule will be (a) 40 years or (b) the Reckonable Service which the Member would have if he were retiring at age 65 or if applicable, the later date under paragraph (a) of the definition of Normal Retiring Date, whichever is the lesser.


More Definitions of Normal Retiring Date

Normal Retiring Date means the 60th birthday in the case of a female Member or Life Assurance Member who leaves the Plan or reaches age 60 before 1st April 1991, the 60th birthday in the case of an Executive Member or Senior Executive Member, and the 65th birthday in the case of any other Member or Life Assurance Member.
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Normal Retiring Date means the Member's 63rd birthday except in the case of:
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Normal Retiring Date means the date of a Member’s 65th birth- day, provided that (a) if at any time the pensionable age under the Social Welfare Acts is age 66 or later and the State Pension (Transition) is no longer payable under the Social Welfare Acts, regardless of whether or not the Member would have been entitled to the State Pension (Transition), then Normal Retiring Date shall mean the pensionable age under the Social Welfare Acts that is later than age 65 and (b) a Member may opt to retire on or after his 60th birthday and in the case of such Member Normal Retiring Date means the date on which he retires from the service of the Board.
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Normal Retiring Date means the day on which a Member attains normal pension age (within the meaning of the Act) under the Plan.
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Related to Normal Retiring Date

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

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

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

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

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Early Retirement Date means the Retirement, as defined below, of the Executive on a date which occurs prior to the Executive attaining sixty-two (62) years of age, but after the Executive has attained fifty-five (55) years of age.

  • 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: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year 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.

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

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Retirement Age means the earlier to occur of:

  • 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).

  • €STR Index Cessation Effective Date means, in respect of an €STR Index Cessation Event, the first date on which €STR is no longer provided by the European Central Bank (or any successor administrator of €STR), as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Approved Retirement means any voluntary termination of employment that occurs on or after the date on which the sum of your age and years of employment with Deluxe and/or its Affiliates equals at least seventy-five (75) and that is approved by the Compensation Committee of the Board.