Pension Commencement Date definition

Pension Commencement Date means the date on which a Member starts receiving his retirement income under the Plan.

Pension Commencement Date means the date that pension is due to commence and shall be the first day of the calendar month following the date of the Member's Retirement, subject to the provisions of Article 6.

Pension Commencement Date means the first day of the first period for which a Supplemental Benefit is paid as an annuity or lump sum. The Pension Commencement Date is determined separately for Grandfathered and Non-Grandfathered Supplemental Benefits.

Examples of Pension Commencement Date in a sentence

• A Participant's or Former Participant's election of a Pension Commencement Date which is prior to his Normal Retirement Date must be made in writing, on such form and at such time in advance as may be prescribed by the Committee, but no earlier than 90 days prior to his Pension Commencement Date and in no event earlier than the date he receives the notice described in Section 5.1(d).

• Early Pension Commencement Date prior to Age 65This is the first day of the month selected by a Participant to commence their pension prior to their Normal Commencement Date.

• The calculation uses an assumption that you will retire at age 65, your Normal Pension Commencement Date.

• The Normal Pension Commencement Date of a Member shall be the first of the month coincident with or next following the Member's 65th birthday.

• A Member whose employment with the University terminates other than by death or retirement, shall be entitled to receive his Total Deferred Pension payable from his Normal Pension Commencement Date.

More Definitions of Pension Commencement Date

Pension Commencement Date means the first day of the first period for which a pension is payable as an annuity pursuant to the provisions of Article IV and, in the case of any benefit not payable in the form of an annuity, the first day on which all events have occurred entitling the Participant, Former Participant or Eligible Spouse to such benefit; provided, however, that in the case of a Pensioner who is receiving a disability retirement pension which pension ceases prior to the Participant's Normal Retirement Date, his Disability Retirement Date shall be disregarded in determining his Pension Commencement Date.

Pension Commencement Date means the first day of the month during which a Pension becomes payable under this Plan.

Pension Commencement Date means, subject to the requirements of Article 16:

Pension Commencement Date means the date on which a Member elects to start receiving his retirement income.

Pension Commencement Date means the first day of the first month for which a payment under this Plan is payable in the form of an annuity or any other form. With respect to payments that commenced prior to January 1, 2009, the pension commencement date under the Pension Plan was the same as the Pension Commencement Date under this Plan.

Pension Commencement Date means the first day of the month on which the Member starts receiving his lifetime retirement income under Part 3.

Pension Commencement Date means what is described at sub-section 13.04.