Retirement base definition

Retirement base means base salary and other payments, such as salary differential and flat rate pay allowances, used to compute retirement deductions.
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Retirement base means base salary and other payments, such as salary differential and flat rate pay allowances, used to compute retirement benefits. Effective June 30, 2016, the payment of the 3% that the employee pays of his/her retirement base to pay part of the employer’s contribution for the cost of Safety Tier A will cease.
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Examples of Retirement base in a sentence

  • The cost-sharing arrangements will be as follows: Effective July EMPLOYEE EMPLOYER Employees' of Retirement base Plan salary Supplementary Medical Insurance salary' Disability Insurance University 100%"' Dental Plan Plus at least to the Minimum Guarantee Fund Based on the current of fees.

Related to Retirement base

  • Retirement Age means the earlier to occur of:

  • Retirement Benefit means the benefit set forth in Article 5.

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

  • 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).

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

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Subcontractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Final compensation of a member means:

  • Actuarial equivalent means a benefit of equal value when