Deferred Retirement Date Sample Clauses

Deferred Retirement Date. An Active Participant may continue his employment after his Normal Retirement Date, in which event he shall continue as an Active Participant and, subject to the provisions of Section 4.6, retire as of his Deferred Retirement Date. However, the Employer may, subject to the provisions of Section 4.7, retire a Participant on the first day of any month following his Normal Retirement Date.
Deferred Retirement Date. Each Member who terminates employment after his or her Normal Retirement Date in accordance with this Section 4.02 shall be entitled to receive a Deferred Retirement Benefit payable in an amount and in a manner as set forth in Sections 6.02 and 8.01.
Deferred Retirement Date. A Participant may continue employment past his or her Normal Retirement Date on a month to month basis. Any such Participant shall continue to contribute to his or her employee contribution account, and will be entitled to receive a normal retirement benefit on the first day of the month following the date employment ceases, computed in the manner set forth in Article VIII.

Related to Deferred Retirement Date

  • Deferred Retirement a. An employee who is eligible for paid retirement at the time he or she separates from County service, but elects deferred retirement, may defer participation in the Grant until such time as he or she becomes an active retiree. b. An otherwise eligible employee who is not eligible for paid retirement at the time he or she separates from County service but is eligible for and elects deferred retirement shall not become eligible for participation in the Grant.

  • Retirement Date If the Executive remains in the continuous employ of the Bank, the Executive shall retire from active employment with the Bank on the Executive’s sixty-fifth (65th) birthday, unless by action of the Board of Directors this period of active employment shall be shortened or extended.

  • Normal Retirement Date The term “Normal Retirement Date” means “Normal Retirement Date” as defined in the primary qualified defined benefit pension plan applicable to the Executive, or any successor plan, as in effect on the date of the Change in Control of the Company.

  • Early Retirement Date Early Retirement Date shall mean a retirement from employment which is effective prior to the Normal Retirement Age stated herein, provided the Executive has attained age sixty (60) with thirty (30) years of service with the bank.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article: