Common use of Imputed Service Clause in Contracts

Imputed Service. For purposes of computing the actuarial reserve death benefit, the Participant's Total Credited Service shall include (check one): Total Credited Service accrued prior to the date of the Participant's death. Total Credited Service accrued prior to the date of the Participant's death, plus (check one): one-half (½) (insert other fraction) of the Service between such date of death and what would otherwise have been the Participant's Normal Retirement Date. (See Master Plan Section 8.02(b) regarding 10-year cap on additional Credited Service.)

Appears in 6 contracts

Samples: Georgia Municipal Employees, Georgia Municipal Employees, Georgia Municipal Employees

AutoNDA by SimpleDocs

Imputed Service. For purposes of computing the actuarial reserve death benefit, the Participant's Total Credited Service shall include (check one): Total Credited Service accrued prior to the date of the Participant's death. Total Credited Service accrued prior to the date of the Participant's death, plus (check one): one-half (½) (insert other fraction) of the Service between such date of death and what would otherwise have been the Participant's Normal Retirement Date. (See Total Credited Service accrued prior to the date of the Participant's death. Total Credited Service accrued prior to the date of the Participant's death, Master Plan Section 8.02(b) regarding 10-year cap on additional Credited Service.)

Appears in 1 contract

Samples: Georgia Municipal Employees

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.