Normal Retirement Age
Normal retirement age is the age at which a person can first retire and receive full benefits without facing early retirement penalties.
Normal Retirement Age
The age, as established by a plan, when retirement normally occurs, and the participant(s) in the plan can receive their full pension benefits.
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normal retirement age
earliest age at which an employee can retire without a penalty reduction in pension benefits after having (1) reached a minimum age and (2) served a minimum number of years with an employer.
Normal retirement
Definition: [crh] The age or number of working years after which a pension plan beneficiary can retire and receive unreducDefinition: ed benefits immediately.
Normal Retirement Age
Age at which a worker can retire and receive full (unreduced) Social Security benefits. The normal retirement age depends upon year of birth and varies between 65 and 67 years old.
Normal retirement date
Refers to the date when benefits can normally be taken from a pension scheme, as defined in the rules of the plan.
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Normal Retirement Date: The date on or after which a member may retire with eligibility for retirement benefits for age and service.
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Normal retirement
The age or number of working years after which a pension plan beneficiary can retire and receive unreduced benefits immediately.
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Normal Retirement Age
The age at which an individual normally retires (60 to 70 for men and 55 to 70 for women). Men qualify for the state pension at 65 and wome...(Read more)
Normal Retirement Date
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Term in pensions; leaving a job before normal retirement age, subject to minimum requirements of age and years of service.
But, if you own a nonqualified annuity, you may begin receiving income at 59 1/2 without risking an early withdrawal penalty, or you can postpone the decision to annuitize well beyond normal retirement age.
While others may prefer to opt for early retirement, you may wish to continue to work past your normal retirement age.
A random variable that has a normal probability distribution.
Normal retirement
The age or number of working years after which a pension plan beneficiary can retire and receive unreduced benefits immediately.
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8 percent of payroll, when the first of the baby boomers become eligible for early retirement in 2008, to 17 percent in 2031, when the last of the baby boomers reach normal retirement age.
You typically annuitize when you retire. But, if you own a nonqualified annuity, you may begin receiving income at 59 1/2 without risking an early withdrawal penalty, or you can postpone the decision to annuitize well beyond normal retirement age.
Most companies charge a reduced premium rate for non-smokers. NORMAL RETIREMENT AGE The age that a participant in a pension plan may elect to retire and receive full benefits under the plan. This age is usually 65.
Although the employer can have vesting rules more lenient than these, the rules cannot be more restrictive. An employee must become fully vested no later than the normal retirement age specified in the plan.
normal retirement age The predetermined age in a retirement plan from which point, employees may begin... normal yield curve The case in which long-term debt instruments have higher yields than short-term...
 See also: Expense, Saving, Retirement benefits, Funding, Compensation
  
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