[Ord. No. 92-80 §§1 — 3, 12-16-1992]
A. 
A Participant who separates from service before his Normal Retirement Date but after completing five (5) years of Service shall be entitled to a monthly Retirement Benefit commencing on his Normal Retirement Date.
B. 
The amount of benefit to which such Participant is entitled is determined in the same manner as the Normal Retirement Benefit in Section 140.050 but is based on Average Annual Earnings and Credited Service as of his date of separation of service.
[Ord. No. 92-80 §§1 — 3, 12-16-1992]
A Participant entitled to a Vested Termination Benefit may elect to receive the Benefit commencing at any time after his Early Retirement Date. The amount of such Benefit shall be reduced to reflect early commencement, as described in Section 140.060.