Termination Under EPR

Termination Under EPR. In determining whether an Eligible Employee's termination of employment under the Enhanced Pension and Retirement Program ("EPR") is a Retirement for purposes of this Plan, five years shall be added to each of age and net credited service ("NCS"). If with such additional age and years of service, (1) an Eligible Employee upon such termination of employment under EPR is Retirement Eligible according to the SBC Supplemental Retirement Income Plan ("SRIP") or (2) the Eligible Employee upon such... termination of employment under EPR has attained one of the following combinations of age and service, Actual NCS + 5 Years Actual Age + 5 Years 10 years or more 65 or older 20 years or more 55 or older 25 years or more 50 or older 30 years or more Any age then such termination of employment shall be a Retirement for all purposes under this Plan and the Eligible Employee shall be entitled to the treatment under this Plan afforded in the case of a termination of employment which is a Retirement. View More

Termination Under EPR. Determining whether an Eligible Employee's termination of employment under the Enhanced Pension and Retirement Program (EPR) is a Retirement for purposes of this Plan