Actuary's Letter definition

Actuary's Letter means the bulk transfer terms to be issued by the NHSPS Actuary within thirty (30) days of the Transfer Date in respect of the NHSPS which specify the actuarial methods and assumptions for calculating the Transfer Value;

Actuary's Letter means, in respect of each Fund, the letter from the Administering Authority’s Actuary, stating the methods and assumptions to be used for the purposes of this Section 4 (LGPS Bulk Transfer Terms) of Schedule Part 24 (Employment and Pensions), a copy of which is set out as Appendix 1 (Actuary's Letter) to this Section 4 (LGPS Bulk Transfer Terms) of Schedule Part 24 (Employment and Pensions)

Actuary's Letter means the letter from the PCSPS Actuary to the Contractor’s Actuary and the Actuary Scheme, which specifies the formula for calculating the Transfer Value;

Examples of Actuary's Letter in a sentence

• If this is to be covered in the Actuary's Letter, this clause can be deleted.

• Compliant bids should be on the basis that the Contractor's Scheme will accept the bulk transfer terms set out in the Actuary's Letter and any costs or benefits conferred by the acceptance of those terms should be dealt with by way of a price adjustment set out in the bid documentation and supported by a reasoned statement of need.

• The Actuary's Letter should represent a reasonable final position rather than an opening position for further negotiation.

• If the Authority wishes the Schedule to apply in the event of a Cessation Date when appropriate amendments to the Schedule will be required and consideration will need to be given regarding the open-ended nature of the Actuary's Letter.

• The Actuary's Letter should set out fully and clearly the bulk transfer assumptions and adjustments and be made available to all qualified bidders at the earliest possible stage in the process.

More Definitions of Actuary's Letter

Actuary's Letter means the letter from the Sellers' Actuary to the Purchasers' Actuary, a copy of which is annexed to this Schedule.

Actuary's Letter the letter of even date from Racal's Actuary to Global's Actuary a copy of which letter is set out in Appendix 1 to this Schedule;

Actuary's Letter means the letter from the Administering Authority's Actuary, a copy of which has been attached to this Schedule235;

Actuary's Letter means the letter dated 16th November, 2001 from TXUEG's Actuary to the Buyer's Actuary relating to this Schedule, a copy of which is Appendix B;

Actuary's Letter means the letter agreed between PowerGen's Actuary and the Buyer's Actuary, a copy of which is contained in the Appendix to this Schedule; Administration Costs means that proportion of the costs of administration of PowerGen's Scheme during the Interim Period which is attributable to the Member Employees being 0.75% of Pensionable Salaries (as defined in the PowerGen's Scheme) plus VAT;

Actuary's Letter means the letter (together with its attachments) dated [ ] from GAD stating the methods and assumptions to be used for the purposes of this Schedule Part 17 (NHS Bulk Transfer Terms), a copy of which is set out as Appendix 1 (Actuary's Letter) to this Schedule Part 17 (NHS Bulk Transfer Terms)

Actuary's Letter means the letter dated 29th November 1999 from Xxxxx Xxxxxx to Xxx Xxxx which is the appendix in this Schedule.