Over 55 years of age definition

Over 55 years of age means any person who has attained the age of 55 years or older at the time of the sale of the original primary residence.

Examples of Over 55 years of age in a sentence

  • Significant Findings Based on Age Regarding Importance of Selected Actions Under 40 years 40-55 years Over 55 years of age of age of age (n 79) (n 96) (n 139) Very Not Very Not Very Not Imp.

  • FIdURE 24 Significant Findings Based on Age Regarding Whether Selected Issues Are Problems in Leelanau County Under 40 years 40-55 years Over 55 years of age of age of age (n = 79) (n = 96) (n = 139) Major Not a Major Not a Major Not a Prob.

  • FIGURE 23 Significant Findings Based on Age Regarding Whether Leelanau County Should Take Selected Actions Under 40 years 40-55 years Over 55 years of age of age of age (n = 79) (n = 96) (n = 139) Yes, with Yes, with Yes, with - Inc.

Related to Over 55 years of age

  • Years of Service means the total number of full years in which a Participant has been employed by one or more Employers. For purposes of this definition, a year of employment shall be a 365 day period (or 366 day period in the case of a leap year) that, for the first year of employment, commences on the Employee's date of hiring and that, for any subsequent year, commences on an anniversary of that hiring date. Any partial year of employment shall not be counted.

  • Retirement Age means the earlier to occur of:

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

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

  • Credited Service means the member's total period of service

  • Final average salary means whichever of the following is greater:

  • Normal Retirement Benefit means an annual benefit payment in the amount of Sixty-Six Thousand Three Hundred and Seventy-Three Dollars ($66,373.00) for a period of fifteen (15) years.

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

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

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

  • Average final compensation means the average annual creditable compensation of a member during

  • Current Accrual Rate means, with respect to each Payment Date and any Reference Obligation, the current mortgage rate, less the greater of (i) the related servicing fee rate and (ii) 35 basis points.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.