Annual Actuarial Report definition

Annual Actuarial Report means a report prepared by the Approved Actuary pursuant to clause 14.
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Annual Actuarial Report has the meaning specified in Section 2.02(b) -----------------------
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Examples of Annual Actuarial Report in a sentence

  • The Annual Actuarial Report sets out the estimated asbestos liability of the Company and the AICF Group calculated on a central estimate basis.

  • If the Annual Actuarial Report produced for that year projects PBOP costs during the next four years, taken together with the then current cumulative PBOP cost/allowance position, will, absent a change in the PBOP allowance, cause the AEP Companies to over or under collect their cumulative PBOP costs by more than 20% of the projected next four year's total cost, the PBOP allowance shall be adjusted.

  • Each membership tier’s composition is defined in the most recent Annual Actuarial Report.

  • EDUCATION PROGRAMSAs part of the NOAA grant, the Bishop Museum prepared and presented 25-minute science modules to students in grade levels K-8.

  • The reports since 30 June 2005 were prepared in accordance with the Final Funding Agreement.Accordingly, comparison between the various estimates of liabilities requires some care and should be regarded as indicative only.1.2 Purpose of this report‌The Amended Final Funding Agreement requires the completion of an Annual Actuarial Report evaluating the potential asbestos-related disease liabilities of the Liable Entities to be met by the AICF Trust.

  • The financial bid proposals will be scored based on the combined total Annual Fixed Price Fees for Claims Administration, Annual Actuarial Report Fee and “Tail Claim” Transition Fee as provided by Bidder in Table 1 of each of the Financial Bid worksheets for the five (5) year period from July 1, 2022 to June 30, 2027.

  • Department of Labor, Annual Actuarial Report on Estimate of FECA Liabilities.

  • Both the Heads of Agreement and the proposed Principal Deed envisage the completion of an Annual Actuarial Report evaluating the potential asbestos-related liabilities of the Liable Entities of the James Hardie Group of companies.

  • The Settling Parties anticipate that the Annual Actuarial Report normally will be received by the time the annual update is posted or otherwise provided to customers each year.

  • Social Innovation Principles Modes of Efficiency On the basis of the information collected for the case study it seems that SPF uses its economic resources mainly to cover costs of operations and personnel.

Related to Annual Actuarial Report

  • 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

  • Annual Accountant’s Report is defined in Section 3.04(a) of the Servicing Agreement.

  • Actuarial method means the method of allocating a fixed level payment on a Receivable between principal and interest, pursuant to which the portion of such payment that is allocated to interest is the product of one-twelfth (1/12) of the APR on the Receivable multiplied by the scheduled principal balance of the Receivable.

  • 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.

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared:

  • Annual Report means any Annual Report provided by the Issuer pursuant to, and as described in, Sections 3 and 4 of this Disclosure Certificate.

  • Financial Report means the annual financial report prepared under Chapter 2M of the Corporations Act for the Company and its controlled entities;

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Actuarial Receivable means any Receivable under which the portion of a payment with respect thereto allocable to interest and the portion of a payment with respect thereto allocable to principal is determined in accordance with the Actuarial Method.

  • Annual Statement means, with respect to any Insurance Subsidiary for any fiscal year, the annual financial statements of such Insurance Subsidiary as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered therewith.

  • Most Recent Fiscal Year End has the meaning set forth in Section 4(g) below.

  • Annual Action Plan means any of the plans referred to in Section 3.05 (a) and/or (c) of this Agreement;

  • Fiscal Year End means December 31 of each calendar year.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Annual Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder in a Policy Year irrespective of whether any limits of any benefit items stated in the Benefit Schedule have been reached. The Annual Benefit Limit is counted afresh in a new Policy Year.

  • Annual Statement of Compliance As defined in Section 3.13.

  • Financial Reports means the Annual Financial Statements and the Interim Accounts.

  • Actuarial certification means a written statement by a member of the American Academy of

  • Final Report means the report described as a final report in 14 RCW 42.17.080(2).

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • 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).

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Annual Financial Statement is defined in Section 10.1(a).