Age of member definition

Age of member means the age attained on the first day of the month immediately following the birthdate of the member. This definition is limited to retirement eligibility and does not apply to tenure of members;
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Age of member means the age attained on the first day of the month immediately
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Examples of Age of member in a sentence

  • Showmanship: Age of member is the age he/she will be on January 1 of the current 4-H program year.2. Showmanship is required for all 4-H market animals.

  • QuestionIs it possible for one to change the Pension or annuity option they have opted for at the time of retirement after a couple of months of being a Pensioner?AnswerThis is not possible because pension salary is calculated based on the following;• Percentage of lump sum accessed at time of retirement.• Balance after the lump sum deduction.• Age of member and Dependents.• Pension/annuity option selected.

  • Annualised net returns (%) for the default investment arrangement (the Lifestyle Option for Income Drawdown) over periods to 31 December 2021 Age of member at the start of the period* *As the default investment arrangement is a lifestyle strategy made up of different investment funds, the returns may vary with the age of the member, so we have shown the returns at three example ages in line with regulatory guidance.

  • Performance to 31 March 2023Annualised returns (%)Age of member the start of the investment reporting periodSource: Aon Investments Limited.

  • Based on Members age profiles, the appropriate numbers to illustrate are for At Retirement Annuity where the average holding is 50% Age of member at the start of the period1 year (%)3 years (% pa)5 years (% pa)60-.4.3%13.8% There are currently no members in self-select funds at scheme year end.

  • Performance is shown over periods to 31 March 2022.In February 2018, member's holdings were transitioned from the Zurich platform to the Scottish Widows platform and therefore 5-year performance figures are not yet available for the default arrangement.It is important to note that past performance is not a guarantee of future performance.Default arrangementDefault arrangement - The npower Pre-2015 DC Lifestyle Strategy Age of member in 2022 5.

  • Age of member in 2023 (years)1 year (%)2511.44511.4609.2 The Trustee is satisfied the Sustainable Growth Fund, used in the default arrangement, has performed broadly in line with its objectives.

  • The contributions for members are as follows: Age of member salaryContribution in % of the pensionable25-345.05 %35-446.40 %45-548.00 %55-max.

  • Lifestyle strategy Age of member at start of period Last 12 months (%) Since inception* (% p.a.) Drawdown Lifestyle 25 Source: LGIM and Mercer estimates.Performance shown net of all charges and transaction costs.*Inception date taken as 30 September 2019 for performance purposes.

  • Default arrangement Default arrangement - The npower Pre-2015 DC Lifestyle Strategy Age of member in 2022 5.

Related to Age of member

  • Employee Member means a member of the “Bargaining Unit”.

  • Public member means an individual who is not, and never

  • Former Member means a member that has withdrawn from a qualified authority under this section or a prior member of a qualified authority that has been dissolved under this section.

  • Co-opted Member means a person who is not a member of the authority but who-

  • Deferred member means a person who elected to receive deferred vested retirement

  • Inactive member means a member of the pension program or the individual account pro-

  • Founding Member means any individual who is either:

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

  • Unit Member refers to any employee who is included in the bargaining unit as defined in Article II.

  • Active member means a member of the pension program or the individual account program

  • Retired member means any former member receiving a retirement allowance or any former member who has filed the necessary documents for retirement benefits and is no longer contributing to the retirement system;

  • Staff member means a staff member as defined in section 1(1) of the Public Service Act, 1995 (Act No. 13 of 1995);

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Substituted Member means a Person that is admitted as a Member to the Company pursuant to Section 12.01.

  • Special Member means, upon such person's admission to the Company as a member of the Company pursuant to Section 5(c), a person acting as Independent Director, in such person's capacity as a member of the Company. A Special Member shall only have the rights and duties expressly set forth in this Agreement.

  • Life Member means an Individual appointed as a Life Member of the Club under clause 5.2.

  • Associate Member means a person appointed to perform specific statutory and non-statutory duties which have been delegated by the Trust Board for them to perform and these duties have been recorded in an appropriate Trust Board minute or other suitable record.

  • Founding Members means those public school districts, cities, counties, and other governmental units that are signatories to the Joint Powers Agreement and have a voting member serving on the JPA's Board of Directors.

  • Executive Member means any elected member of the authority appointed to the executive of that authority;