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Normal retirement age

The age set forth in a retirement plan for employees to receive Full benefits upon retirement. Retirement before the Normal retirement age may result in a reduction in Benefit. Most plans specify 65 as the normal retirement age.

Related Terms: 6 Benefit, ECI, Full, ITS, Normal retirement age, Retire
Other Related Pages: Category: Retirement Starting With: N
Additional Related Terms: 401(k) plan, 403(b) plan, 457 plan, Allowance for depreciation, All or any part, Automatic reinvestment plan, Accelerated benefits, Accidental death benefit, Add-on service, Action to quiet title