R etirement definition

R etirement and “ R etires ” means, unless otherwise set forth in an Award Agreement, the Participant’s termination of employment on or after the date the Participant has attained age 55.
Sample 1
R etirement means termination of the Grantee’s employment with the Company on or afterthe date on which the Grantee has attained age sixty-four (64), provided that (i) termination of the Grantee’s employment with the Company is not a Termination for Cause, (ii) as of the date of such termination, the Grantee has not committed an act or omission that would serve as the basis for a Termination for Cause, and (iii) the Grantee has, at least one (1) year prior to such termination of employment, provided advance written notice to the Company of the Grantee’s intention to terminate employment with the Company.
Sample 1
R etirement means an Employee's voluntary termination of employment on or after an "early retirement date" (as such term is defined in Section 5.3 of the Portland General Electric Company Pension Plan, as amended from time to time).
Sample 1

Examples of R etirement in a sentence

  • Yes, the 102,694,775 shares of common stock issued to retire debt wereissued with a restrictive legend R etirement 4-4 from the Reconcilement Table A.

  • E»imate your expenses in retirement using the included R_ etirement Budget Worksheet.3. Review your income sources, including guaranteed benefits and Social Security.

  • The following exhibit is being furnished herewith: 10.1 R etirement Agreement, dated October 17, 2019, by and between the Company and William C.

  • I have received appointment letters from G overnor Ke rrey appointing certain individuals to the P ublic Employees R etirement B oard, th e M o t o r Vehicl e I ndu s t r y Li cen si n g Board, the Nebraska Arts Council, to the Director of the Nebraska Department of Personnel.

  • R etirement plan: The Academy has a defined contribution plan under Section 401(k) of theInternal Revenue Code covering substantially all employees who have met certain eligibility requirements as defined in the plan document.

  • R etirement FundsWhen reviewing those financial assets of a family which are shown as savings or investments for retirement, we evaluate need with consideration for the parent's age, current lifestyle and reasonable retirement requirements as well as future potential for retirement savings.

  • R etirement Plans & Other Postretirement BenefitsAt December 31, 2020, the Company's parent maintains three closed qualified defined benefit pension plans (Vectren Corporation Non-Bargaining Retirement Plan, The Indiana Gas Company, Inc.

  • Statements as to character which contain precise wording are provided.

  • Shares and deposits in an Individual R etirement Account, and any other account that would lose special tax treatment under state same force and effect as original signatures for all transactions, included ionr federal law if given as security, are not subject to the security interest applications or agreements with you.

  • R etirement / DROP Rates These rates are used to project future decrements from the activepopulation due to retirement.


More Definitions of R etirement

R etirement means a Participant's termination of employment after meeting the requirements for
Sample 1
R etirement refers to retirement under the Public Employees' Retirement System and Social Security.
Sample 1
R etirement means a voluntary Termination of Employment or Termination of Consultancy at or after age 65 or
Sample 1
R etirement means the termination of an Eligible Individual’s employment with the Corporation at a time when he or she is eligible to begin receiving an immediate retirement allowance under the Retirement Plan of the Bank.
Sample 1
R etirement means a Participant’s voluntary Termination of Service on or after the date on which the Participant attains age 58 and has fiveyears of continuous service with the Company or a Subsidiary, and such Participant has not been terminated for Cause.
Sample 1

Related to R etirement

  • Retirement means Normal or Early Retirement.

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

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Disability retirement for plan 1 members, means the period

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Retirement fund means the "Washington law enforcement

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Retirement program means a program of rights and obligations which a county, city, village, or township establishes, maintains, or participates in and which, by its express terms or as a result of surrounding circumstances, does 1 or more of the following:

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Early Retirement means retirement, with consent of the Committee at the time of retirement, from active employment with the Company and any Subsidiary or Parent Corporation of the Company.

  • Public employees retirement system means the retirement plan and program

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

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

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

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • 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: 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.

  • Qualified Retirement means any termination of your employment with the Company Group that occurs on or after your 60th birthday, at a time when no member of the Company Group is entitled to discharge you for Cause, so long as you have served the Company Group continuously for at least the five-year period immediately preceding that termination.

  • 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).

  • Retirement Age means the earlier to occur of the Participant attaining: (i) age 65 or more; or (ii) age 60 or more with at least 15 years of continuous Service, provided that the Participant has continuously remained in Service from the Award Date until the earlier to occur of (i) or (ii).

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

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Mandatory Retirement means termination of employment pursuant to the Company’s mandatory retirement policy.