Common use of Actuarial Equivalent Clause in Contracts

Actuarial Equivalent. For purposes of determining the Actuarial Equivalent, of any benefit, the following mortality and interest rate assumptions shall be used: Interest rate - Pre-retirement: [. . . .]% Post-retirement: [. . . .]% (must be between 7 1/2% and 8 1/2% if the plan provides for permitted disparity under section 401(l) of the Code. Mortality table: [. . . .] (must be standard mortality table as described in section 1.401(a)(4)-12 of the Income Tax regulations if the plan provides for permitted disparity under section 401(l) of the Code.

Actuarial Equivalent. For purposes of determining the Actuarial Equivalent, of any benefit, the following mortality and interest rate assumptions shall be used: Interest rate - Pre-retirement: [. . . .]% Post-retirement: [. . . .]% (must be between 7 1/2% and 8 1/2% if the plan Plan provides for permitted disparity under section 401(l) of the Code. Mortality table: [. . . .] (must be standard mortality table as described in section 1.401(a)(4)-12 of the Income Tax regulations if the plan Plan provides for permitted disparity under section 401(l) of the Code.