Service retirement allowance definition

Service retirement allowance means the periodic payment becom- ing payable upon an active member's ceasing to be an employee while eligible for service retirement.
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Service retirement allowance means the periodic payment becom-
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Service retirement allowance means the sum of the annuity and the pension.
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Examples of Service retirement allowance in a sentence

  • Failed courses may be repeated only once.• Students must pass the theory as well as the clinical component of the course to progress in the nursing sequence.

  • Allowance: Service retirement allowance payable at normal retirement age if the member does not withdraw the member’s accumulated member contributions.

  • Allowance: Service retirement allowance payable at normal retirement age, provided the member does not withdraw the member’s accumulated contributions.

  • Allowance: Service retirement allowance payable at age 55 provided the member does not withdrawthe member’s accumulated contributions.

  • NCPS, ECPS, and ACPS Allowance: Service retirement allowance computed as of early retirement date, reduced by 0.5% for each month that early retirement date precedes age 62 (maximum reduction is 42%).

  • RCPB Allowance: Service retirement allowance computed as of early retirement date, reduced by 0.5% for each month that early retirement date precedes age 65 (maximum reduction is 30%).

  • Allowance: Service retirement allowance reduced by 0.5% for each month that date of retirement precedes the earlier of age 60 or the date the member would have completed 30 years of eligibility service (maximum reduction of 30%).

  • Service retirement allowance; Conditions (Benefit effective date) 281§ 24205.

  • Service retirement allowance; Conditions (Benefit effective date) 288§ 24205.

  • Service retirement allowance; Conditions (Benefit effective date) 272 § 24205.


More Definitions of Service retirement allowance

Service retirement allowance means monthly
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Service retirement allowance means the periodic payment
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Related to Service retirement allowance

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Disability allowance means monthly payments during

  • Disability retirement for plan 1 members, means the period

  • 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.