Premium Member definition
Examples of Premium Member in a sentence
The calculation of the actuarial adjustment shall be based on the value of the Employee Contribution Account as of the date the Member becomes a Premium Member and the methods and assumptions specified in the applicable collective bargaining agreement or by the Retirement Board (but not inconsistent with the collective bargaining agreement).
Upon termination of employment, DROP Interest shall be credited at the same rate and in the same manner as interest is credited to Premium Members under the Premium Member Annuity Withdrawal Option in the Defined Contribution Plan.
A Premium Member may, at any time, apply for a hardship recalculation of benefits.
All benefit provisions and options under the Premium Member Annuity Withdrawal Option in the Defined Contribution Plan which are available to Premium Members shall only be available to the DROP Participant at such time as he or she terminates employment with the City.
Notwithstanding Section 5.05, a Premium Member may, at any time, elect to receive his entire Accumulated Balance in the form of a lump sum and immediately become a Former Member.
Company may not make any representations, warranties or conditions with respect to Premium Memberships, or any product or services available through the Premium Memberships, except as expressly set forth in the Premium Member Terms.
The investment trustee shall have discretion as to the securities in which the funds of the Trust are invested or reinvested, provided that all such investments shall be limited to investments which are permissible under the law and which meet the criteria established for Trust investments by the Board.
Product shall be returned to Elite within ten (10) business days of Elite's so directing.
Premium Member Terms will be at LinkExchange's sole discretion including, without limitation, the products and services to be offered within the Premium Membership program.
Company will not promote, market, offer for sale, sell or resell any Competing Services to any Premium Member.