Retirement Benefit definition

Retirement Benefit means the benefit set forth in Article 5.

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Retirement Benefit means the benefit described under Section 3.1 hereof.

Retirement Benefit means a monthly income with benefits accruing from the first day of the month coinciding with or following retirement and ending on the last day of the month in which death occurs or the actuarial equivalent thereof paid in such manner as specified by the member pursuant to Section 901 et seq. of this title or as otherwise allowed to be paid at the discretion of the Board;

Examples of Retirement Benefit in a sentence

For purposes of the Restoration Plan, the Executive will become 100% vested in his "Supplemental Retirement Benefit" under the Restoration Plan upon completing five years of continuous employment with the Company (measured from the Effective Date of this Agreement) or on such earlier date provided for under the Restoration Plan.
For purposes of calculating the Participant's Retirement Benefit under Section 3.1.2 of the Plan, item "A" Participant's Years of Service shall be determined by taking into account the Participant's service after the Participant reaches his Normal Retirement Date.
In addition to the offsets specified in Article III of the Plan, the Participant's Retirement Benefit shall be calculated with an offset for the amount of any employer funded benefit earned by the Participant under any other retirement plan (other than the Crown Cork & Seal Company, Inc.
The Participant has been designated as a Group C Participant and shall be entitled to a Retirement Benefit calculated in accordance with the applicable provision of Section 3.1 of the Plan.

More Definitions of Retirement Benefit

Retirement Benefit. ’ means a monthly income or the actuarial equivalent thereof paid in such manner as specified by the member pur- suant to this act or as otherwise allowed to be paid at the discretion of the board, with benefits accruing from the first day of the month coin- ciding with or following retirement and ending on the last day of the month in which death occurs. Upon proper identification a surviving spouse may negotiate the warrant issued in the name of the retirant. If there is no surviving spouse, the last warrant shall be payable to the des- ignated beneficiary;

Retirement Benefit means an interest in 1 of the following types of assets if payable to a trust as a beneficiary or owned by the trust: a qualified or nonqualified annuity; a benefit under a qualified or nonqualified plan of deferred compensation; any account in, or benefit payable under, any pension, profit-sharing, stock bonus, or other qualified retirement plan; any individual retirement account or trust; and all benefits under a plan or arrangement that is established under section 401, 403, 408, 408A, or 457 or a similar provision of the internal revenue code of 1986, 26 USC 401, 403, 408, 408A, and 457.

Retirement Benefit means an annuity, a retirement allowance, an optional benefit, a postretirement benefit, a benefit received from a defined contribution plan, defined benefit plan, deferred compensation plan, disability plan, life insurance plan, all money, investments and income of the various funds created under a public employee retirement system, and any other right accruing to a member under a retirement system.

Retirement Benefit means the benefit set forth in Section 5.1.

Retirement Benefit means a monthly income or the actuarial

Retirement Benefit means the benefit set forth in Article 7.

Retirement Benefit means any payment received under a retirement scheme except money received as a pension under the Maldives Retirement Pension Scheme established in pursuance to the Maldives Pension Act (Law Number 8/2009).