Actuarial method means the method of allocating a fixed level monthly payment on an obligation between principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of (a) 1/12, (b) the fixed annual rate of interest on such obligation and (c) the outstanding principal balance of such obligation.
Actuarial certification means a written statement by a member of the American Academy of
Actuarial Standards Board means the board established by the American Academy of Actuaries to develop and promulgate standards of actuarial practice.
Actuarial valuation means a mathematical determination of
Actuarial opinion means the opinion of an appointed actuary regarding the adequacy of the reserves and related actuarial items based on an asset adequacy analysis in accordance with subrule 5.34(6) and with applicable actuarial standards.
Actuarial Receivable means any Receivable which provides for the allocation of payments according to the "actuarial" method.
Actuary means a person who is a member in good standing of the American academy of actuaries.
janitorial services means those cleaning and caretaking services
Basic Plan means as to any Member or Vested Former Member the defined benefit pension plan of the Company or an Affiliated Employer intended to meet the requirements of Code Section 401(a) pursuant to which retirement benefits are payable to such Member or Vested Former Member or to the Surviving Spouse or designated beneficiary of a deceased Member or Vested Former Member.
Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—
financial service means a service of a financial nature, including insurance, and a service incidental or auxiliary to a service of a financial nature;
Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.
Certified Plan means all the terms and benefits (including any Supplement(s)) that form an insurance plan certified by the Government to be compliant with the requirements of the VHIS. This Certified Plan comprises these Terms and Conditions and the Benefit Schedule and the followings –
Additional gap medical benefits means the benefits (if any) payable in respect of medical expenses that are more than the schedule fee and which otherwise meet the requirements of the fund’s no or known gap policy, provided always that the medical expenses relate to a professional service that:
Special Services means all forms of services pertaining
Industrial Services means service to customers engaged primarily in a process which creates or changes raw or unfinished materials into another form or product including the generation of electric power.
Retirement Benefit means the benefit set forth in Article 5.
Pharmacy benefit manager means a person, business or other
Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).
Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.
Lump Sum means the total sum which will have become payable to the Contractor by the Principal upon completion of the Works.
Special service district means the same as that term is defined in Section 17D-1-102.
Dental Services means diagnostic, preventive, or corrective
Actuarial equivalent means a benefit of equal value when