Special Early Retirement Date definition

Special Early Retirement Date means the date specified in Section 5.02.
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Special Early Retirement Date means the date specified in Section
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Special Early Retirement Date means the date as determined in the manner set forth in Section 4.04.
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Examples of Special Early Retirement Date in a sentence

  • A Member may retire or may be retired on a Special Early Retirement Date which shall be the first (1st) day of any month following or coincident with the Member having both attained age sixty-two (62) and completed ten (10) years of Credited Service.

  • If you start your pension benefit before your Special Early Retirement Date, your Preserved Benefit will be adjusted so that it will have a value (on an actuarial basis) that is equal to the value of an unreduced Preserved Benefit starting at your Special Early Retirement Date.

  • SPECIAL EARLY RETIREMENT A Member may retire or may be retired on a Special Early Retirement Date which shall be the first (1st) day of any month following or coincident with the Member hav- ing both attained age (62) and completed years of Credited Service.

  • A Terminated Vested Member shall be entitled to a deferred Retirement Benefit which shall be equal to the Member’s Accrued Benefit on his date of termination of employment.Such deferred Retirement Benefit shall be payable at the Terminated Vested Member’s Normal Retirement Date, Regular Early Retirement Date, or Special Early Retirement Date.

  • In addition to the pension benefits set out in the Pension Plan, any participant who takes special early retirement under the terms proposed above shall also receive a monthly bridge pension payable from his Special Early Retirement Date to the first day of the month immediately preceding his Normal Retirement Date.

  • A member who satisfies the requirements for Special Early Retirement Date and who elects to retire prior to attainment of age 62 shall be entitled to a supplemental monthly income payment.

  • If an Employee retires under the provisions of section (3) the Pension Benefit commencing on the Employee’s Special Early Retirement Date shall be a monthly amount computed in accordance with section based on Credited Service to early retirement and the applicable Pension Benefit Rate in effect at such time.

  • If the deferred Retirement Benefit to which a Terminated Vested Member will be entitled at his Normal Retirement Date or Special Early Retirement Date is less than $150 per month, the Terminated Vested Member shall be paid, as of the date his employment terminates, a single sum equal to the Actuarial Equivalent of such deferred Retirement Benefit.

  • A Terminated Vested Member shall be entitled to a deferred Retirement Benefit which shallE H H T X D O W R W K H 0 H P E H sUd¶atVe o$f tFerFmUinaXtioHnGof e%mHploQymHeInLt.W R Q K L 6 X F K G H I H U U H G 5 H W L U H P H Q W % H Q H I L W V K D O O E H S D \ DNormal Retirement Date, Regular Early Retirement Date, or Special Early Retirement Date.

  • A Participant who attains his/her Early Retirement Date, Special Early Retirement Date or Thirty and Out Retirement Date as a result of the inclusion of Accumulated Sick Leave in the Year of Credited Service calculation shall be deemed to have retired, for purposes of Section 5.01, upon his/her separation from service.


More Definitions of Special Early Retirement Date

Special Early Retirement Date means the date prior to Normal Retirement Date on which a Participant’s retirement benefit payments commence, which date shall be the first day of the month coincident with or next following the date on which a Participant commences Special Early Retirement, or such later date (prior to Normal Retirement Date) as the Participant shall select.
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Special Early Retirement Date means the date spec- ified in Section '"Spouse'' means, at the time a determination is required, a person of opposite sex:
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Special Early Retirement Date has the meaning assigned to it in Section 14.4.03(d).
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Special Early Retirement Date means September 1, 1990.
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Special Early Retirement Date means the date on which the following has occurred with respect to the Participant: the Participant is alive, the Participant is an employee of the Controlled Group, the last day of the calendar month in which the Participant’s forty-fifth (45th) birthday occurs has ended, and either (1) the Participant is a “Current Participant” (as defined in Section 3.07), or (2) the Participant is not a “Current Participant” (as defined in Section 3.07) and the Participant has five or more Vesting Years of Service each of which were earned in a calendar year beginning after the date on which occurred the action of the Board designating the Participant as a participant in the Plan.
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Related to Special Early Retirement Date

  • 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.

  • 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 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).

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

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

  • 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 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.

  • 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.

  • 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.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

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

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

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

  • Retirement Age means the earlier to occur of:

  • Normal Retirement Benefit means an annual benefit equal to One Hundred Fifty Thousand Dollars and No/100 ($150,000.00) per year, payable in accordance with the terms of this Agreement. Beginning on the thirteenth month that the Normal Retirement Benefit is paid, and continuing thereafter until paid in full, the Normal Retirement Benefit shall be increased annually by three percent (3%) from the previous year’s Normal Retirement Benefit amount to account for cost of living increases.

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

  • 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.

  • Mandatory Retirement means termination of employment pursuant to the Company’s mandatory retirement policy.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • 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: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year 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.

  • Disability retirement for plan 1 members, means the period

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Liquidity Termination Date means the earlier to occur of (a) May 12, 2014, as such date may be extended from time to time by Three Pillars’ Liquidity Banks in accordance with the Liquidity Agreement, and (b) the occurrence of an Event of Bankruptcy with respect to Three Pillars.