Retirement Period definition

Retirement Period is defined as the period beginning with the Executive attaining the age of 70 years and continuing until ten (10) years thereafter, unless his employment has been previously terminated or extended by mutual agreement of Executive and the Company. The Retirement Period shall take effect only on termination of the Active Period pursuant to the provisions of Section 2 below.

Retirement Period shall commence on the date of his retirement and shall continue until the earlier of the tenth anniversary of such retirement date or the date of Founding Member’s death.

Retirement Period shall commence on the first day following Executive's Separation from Service. The Retirement Period shall end on the day of Executive's death.

Examples of Retirement Period in a sentence

• The Base Benefits pension payable to the Member will be calculated in accordance with Article X or Article XII, as the case may be, and will be adjusted by the total of all Actuarial Equivalent pension offset amounts calculated under Section 14.5 reflecting the total annual lump sum payments received by the Member during such Member’s Phased Retirement Period, and the provisions of Article VI and any adjustments required according to Appendix C apply thereafter.

• The Member shall commence receipt of his or her Base Benefits pension in the month immediately following the month in which the Member’s Phased Retirement Period has ended.

• Such period in respect of a Member participating in the Phased Retirement Option shall be the Member’s Phased Retirement Period.

• In the event of the death or marriage or common law partnership breakdown (in circumstances where a payment to the Member’s spouse or former spouse or common-law partner or former common-law partner from the CBE Shared Risk Plan is required) prior to pension commencement by the Member, any entitlement upon such event shall be actuarially adjusted to reflect the total pre-payment of pension received by the Member during the Member’s Phased Retirement Period.

• The first lump sum amount will be made on the date of the start of the Phased Retirement Period and all subsequent lump sum payments shall be made on January 1st of each year following the start of the Phased Retirement Period and up to and including January 1st of the year in which the Phased Retirement Period ends.

More Definitions of Retirement Period

Retirement Period shall commence on the date of his retirement and shall continue until the earlier of the tenth anniversary of such retirement date or the date of Founding Member’s death. Following Founding Member’s retirement, Founding Member shall be provided with the following retirement benefits:

Retirement Period. (each as defined below):

Retirement Period shall be that period commencing on the Executive's retirement date and continuing until the expiration of 120 consecutive months.

Retirement Period means January 1, 2011 through the earlier of (i) the last day of the fiscal quarter that includes the date of a Participant's Retirement and (ii) December 31, 2012.

Retirement Period means the period from the date of Retirement to the later of (i) the date determined by the Committee at the time of Retirement and (ii) three years from the date of Retirement, provided that in no case shall the Retirement Period extend to a date after the Expiration Date. The Committee shall have the sole discretion whether or not to consent to a Retirement, which determination shall be final.

Retirement Period means January 1, 2010 through the earlier of (i) the last day of the fiscal quarter that includes the date of a Participant’s Retirement and (ii) December 31, 2012; provided, however, in the case of a Late Entrant, the Retirement Period shall commence on the Late Entrance Date.

Retirement Period means the period beginning on January 1, 1998 and ending on August 3, 1998.