Retire definition

Retire or "retirement" means a member’s withdrawal from the employ of a participating public employer and the commencement of an annuity by the plan.
Retire means to enter Retirement.
Retire means to permanently remove a compliance instrument such that the compliance instrument may never be sold, traded, or otherwise used again.

Examples of Retire in a sentence

  • Retire and commence receipt of a pension immediately on ceasing active employment in the public service.

  • Retire any long-term debt entered into prior to the date of this Agreement at a date in advance of its legal obligation to do so.

  • In the case of a Grantee who is an officer of the Company subject to the Company’s mandatory retirement at age 65 policy, “Retirement” or “Retire” shall also include as to that Grantee (without limiting the Grantee’s ability to Retire pursuant to the preceding sentence) a termination of the Grantee’s employment pursuant to such mandatory retirement policy (regardless of the Grantee’s years of service and other than in connection with a termination by the Company or a subsidiary for cause).

  • For purposes of the In- ternal Revenue Code, a QDRO also in- cludes any domestic relations order de- scribed in section 303(d) of the Retire- ment Equity Act of 1984.(2) Plan amendments.

  • Employee may Retire from employment with the Corporation prior to his Normal Retirement Date on the first day of any month coincident with or next following the date he satisfies the vesting requirements of section 4.1. The date on which Employee Retires under this Section 5.2 shall be his Early Retirement Date.


More Definitions of Retire

Retire means to permanently remove a compliance instrument
Retire or “Retired” or “Retirement” means that the serial number for a compliance instrument is registered into the Retirement Account under the control of the Executive Officer. Compliance instruments registered into this account cannot be removed.
Retire mean that the Executive remains in the continuous employ of the Bank from the Effective Date and then retires from active employment (and his Employment Terminates) with the Bank, after April 1, 2013.
Retire means to:
Retire or “Retirement” means an action taken to remove a REC from circulation within a REC tracking system.
Retire means to claim a renewable energy credit in the tracking system established by the Commission pursuant to Public Utilities Code section 399.25 (c) and thereby commit the renewable energy credit to be used for compliance with the RPS.
Retire means leaving the employment of the University after becoming eligible to collect pension benefits and without the intention of moving to other professional employment;