Starting Date means the date referred to in Clause 3.3 hereof;
Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.
Normal Retirement Benefit means an annual benefit payment in the amount of Sixty-Six Thousand Three Hundred and Seventy-Three Dollars ($66,373.00) for a period of fifteen (15) years.
Annuity Starting Date means, with respect to any Participant, the first day of the first period for which an amount is paid as an annuity, or, in the case of a benefit not payable in the form of an annuity, the first day on which all events have occurred which entitles the Participant to such benefit.
Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.
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 Benefit means the benefit set forth in Article 5.
Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.
Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.
Early Retirement Benefit means the retirement benefit payable to a member following early
Plan Benefit means the benefit payable to a Participant as calculated in Article V.
Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.
life annuity means an annuity payable under a policy issued to an SRS member for a term ending with, or at a time ascertainable only by reference to, the end of his life;
Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.
Normal Retirement Age means the Executive's 65th birthday.
Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.
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.
Early Retirement Date means the Retirement, as defined below, of the Executive on a date which occurs prior to the Executive attaining sixty-two (62) years of age, but after the Executive has attained fifty-five (55) years of age.
Disability Retirement Date means the first day of the month following the last day of paid employment;
Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.
Retirement Age means the earlier to occur of:
Late Retirement Date means the first day of the month coinciding with or next following a Participant's actual Retirement Date after having reached his Normal Retirement Date.
Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.
Qualified Preretirement Survivor Annuity means an annuity which is payable for the life of the Participant's surviving spouse.