Sentences with phrase «upon reaching retirement age»

Not exact matches

Current retirees can collect as early as age 62, but their benefit will be permanently reduced by a percentage based on the number of months before they reach full retirement age, which ranges from age 65 to 67, depending upon birth year.

This is a false statement, as all county employees (including his wife and he himself as her spouse) who earn health insurance benefits will receive 50 % of their health insurance costs covered under MVP Gold (which is not the same insurance that current county employees receive) upon retirement and 10 years of employment after reaching the age of 55.

The continued decline upon reaching age 75 implies that resources become even more limited as people move through what has traditionally been thought of as the golden years or retirement.

Since your PIA for retirement purposes will be calculated upon your reaching age 62 and the calculations are based upon your highest 35 earnings years (indexed) out of the most recent 40 years of earnings, those earlier years of earnings will not be part of your final PIA calculation.

SB 650 of 2012: The chief justice may appoint judges who have retired upon attaining the age of seventy years as emeritus judges, permitting the appointed judges to serve as temporary judges in courts no higher than the court level they reached prior to retirement and for terms not to exceed three months per each appointment.

Upon reaching the age of retirement, you can use your policy's cash value as retirement income.