Social Security Normal Retirement Age definition

Social Security Normal Retirement Age means the age used as the retirement age under Section 216(1) of the Social Security Act, as amended.
Social Security Normal Retirement Age means the age when ------------------------------------- unreduced old-age benefits are available from Social Security, rounded to the next higher year, according to the following table:
Social Security Normal Retirement Age means the age when --------------------------------------- unreduced old-age benefits are available from Social Security (as adjusted pursuant to Code (S) 415(b)(8)), rounded to the next higher year, according to the following table: Social Security Year of Birth Normal Retirement Age --------------------------------- --------------------- 1937 and Before 65 1938-1954 66 1955 and After 67

Examples of Social Security Normal Retirement Age in a sentence

  • Social Security Normal Retirement Age (SSNRA) means your normal retirement age under the Federal Social Security Act.

  • The retirement eligibility age increases proportionately for other members reflecting years of service and other factors until it aligns with the Social Security Normal Retirement Age, which applies to any member with less than 5 years of service as of July 1, 2012.

  • Payable benefits begin on the 91st day for accident and illness and are payable to the Social Security Normal Retirement Age.

  • Maximum Benefit Period Age 61 or Less: to Age 65 or Social Security Normal Retirement Age or 3 years, 6 months, whichever is longer.

  • This benefit is payable until the employee’s disability ends, but no later than the later of age 65 or Social Security Normal Retirement Age.

  • Overall termination rates generally fall after the CID and then rise toward the end of the benefit period (e.g., age 65 or Social Security Normal Retirement Age (SSNRA)).

  • Thus, agents charged with the drafting responsibility but ignorant of the function of the boilerplate terms tinker with the boilerplate language at the margins.

  • Payable benefits begin on the 8th day for accident and illness and are payable to the Social Security Normal Retirement Age.

  • A Participant earns one Benefit Credit for every 1,700 hours worked as a Constructor.Early Retirees receive a Temporary Supplemental Benefit currently of $10 per month for each Benefit Credit from Age 58 until the age where they can receive a Social Security benefit that would be equal to 80% of their full benefit available at the Social Security Normal Retirement Age.

  • Disability Income Insurance – A type of insurance that provides supplementary income to students up to Social Security Normal Retirement Age in the event of an illness or accident resulting in a disability that prevents the insured from working at their regular employment or finishing medical school or residency.


More Definitions of Social Security Normal Retirement Age

Social Security Normal Retirement Age means age 65 for Members born before 1938, age 66 for Members born after 1937 and prior to 1955, and age 67 for Members born after 1954.(C)
Social Security Normal Retirement Age means, with respect to an Eligible Eagle LC Employee, the age set forth with respect to such individual in the following table:II-4 Calendar Year of Birth
Social Security Normal Retirement Age means the age when unreduced old-age benefits are available from Social Security (as adjusted pursuant to Code (S) 415(b)(8)), rounded to the next higher year, according to the following table:
Social Security Normal Retirement Age means age 65 in the case of an Executive attaining age 62 before January 1, 2000, age 66 for an Executive attaining age 62 after December 31, 1999 and before January 1, 2017, and age 67 for an Executive attaining age 62 after December 31, 2016.

Related to Social Security Normal Retirement Age

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

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

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

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

  • Early Retirement Age means the date that the Executive has attained age 55 and completed seven Years of Service.

  • Retirement Age means the earlier to occur of the Participant attaining: (i) age 65 or more; or (ii) age 60 or more with at least 15 years of continuous Service, provided that the Participant has continuously remained in Service from the Award Date until the earlier to occur of (i) or (ii).

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

  • Disability retirement for plan 1 members, means the period

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Retirement Eligibility means Employee’s attainment of 60 years of age and ten years of continuous employment with Corporation.

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • 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).

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Social Security Benefit means an amount received by a claimant as a monthly benefit in accordance with the Social Security Act, 42 U.S.C. Sec. 401 et seq.

  • Early Retirement Date means: the day on which a Participant who has attained age fifty-five (55), but has not reached age sixty-five (65), with ten (l0) or more years of Credited Service, retires. A Participant is eligible for early retirement on the first day of the calendar month coincidental with or immediately following the attainment of age fifty-five (55) and the completion of ten (l0) years of Credited Service, and "early retirement" shall mean retirement by an eligible Participant at the Early Retirement Date.

  • Early Retirement means retirement, with consent of the Committee at the time of retirement, from active employment with the Company and any Subsidiary or Parent Corporation of the Company.

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Social Security Benefits means any social insurance, pension insurance benefits, medical insurance benefits, work-related injury insurance benefits, maternity insurance benefits, unemployment insurance benefits and public housing reserve fund benefits or similar benefits, in each case as required by any applicable Law or contractual arrangements.

  • Pregnancy disability means a pregnancy-related medical condition or miscarriage.

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.

  • Primary Social Security Benefit means, with respect to any member, the primary insurance amount

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.