Annual Factor definition

Annual Factor means 1 plus the lesser of either: 1) the average percentage increase in the salaries of state career service employees for the current fiscal year as determined by the Department of Management Services or as provided in the General Appropriations Act; or 2) 7 percent. [s. 145.19(1)(a), F.S.]
Annual Factor means (a) 20%, if the Annual Conversion Amount is being calculated for calendar year 2025; (b) 40%, if the Annual Conversion Amount is being calculated for calendar year 2026; (c) 60%, if the Annual Conversion Amount is being calculated for calendar year 2027; (d) 80%, if the Annual Conversion Amount is being calculated for calendar year 2028; or (e) 100%, if the Annual Conversion Amount is being calculated for calendar year 2029 or thereafter; provided, that if the Preferred Series A Subclass 1 Unit Conversion Price is equal to or greater than $18.00 on December 31 of any such calendar year, then the Annual Factor for the Preferred Series A Subclass 1 Unit Account shall be 100% on and following such date.
Annual Factor means: (a) 20%, if the Annual Conversion Amount is being calculated for calendar year 2021; (b) 40%, if the Annual Conversion Amount is being calculated for calendar year 2022; (c) 60%, if the Annual Conversion Amount is being calculated for calendar year 2023; (d) 80%, if the Annual Conversion Amount is being calculated for calendar year 2024; or (e) 100%, if the Annual Conversion Amount is being calculated for calendar year 2025 or thereafter.

Examples of Annual Factor in a sentence

  • Because of this:Federal royalty payors do not have the ability to check ONRR’s Annual Factor or UCA calculations because the supporting information cannot be obtained through FOIA requests.ONRR is not able to provide any details regarding the services that were included in the development of Annual Factors or UCAs. Therefore, a federal royalty payor cannot determine whether using an ONRR UCA is appropriate for its facts.

  • For a benefit commencement date following the first day of the month in which the Participant attains age seventy (70), the Applicable Factor shall be the Actuarial Equivalent of the age seventy (70) Annual Factor determined in (a).

  • Notwithstanding (4) above, for a benefit commencement date preceding the first day of the month in which the Participant attains age fifty-five (55), the Applicable Factor shall be the Actuarial Equivalent of the age fifty-five (55) Annual Factor determined in (a).

  • The baseline flows have been factored to the future year baseline traffic demand using factors supplied by WSP (consultants working on behalf of SCC).

  • If Benefit payments commence in a month other than the month in which the Participant attains the age specified in the foregoing table, the Annual Factor will be determined by straight line interpolation.

  • Attained Age Annual Factor Attained Age Annual Factor Attained Age Annual Factor [60 & under 0.05] [70 0.05] [80 0.05] [61 0.05] [71 0.05] [81 0.05] [62 0.05] [72 0.05] [82 0.05] [63 0.05] [73 0.05] [83 0.05] [64 0.05] [74 0.05] [84 0.05] [65 0.05] [75 0.05] [85 0.05] [66 0.05] [76 0.05] [86 0.05] [67 0.05] [77 0.05] [87 0.05] [68 0.05] [78 0.05] [88 0.05] [69 0.05] [79 0.05] [89 0.05] [90 & older 0.05] TABLE OF CONTENTS ARTICLE PAGE Data Pages.

  • The Annual Factor is the factor derived from the table in (a) based on the Normal Retirement Age (determined without regard to the years of participation requirement, if any), and the Plan’s normal form of benefit.

  • The Company periodically evaluates its investments for any impairment which would be deemed other-than-temporary.

  • The Weighted Factor and Annual Factor are found in Table 1 for the corresponding Calendar Year.

  • For residents of Quebec, the following table specifiesthe minimum rates of annuity payment: Age Annual Factor per $10,000 of Policy Notwithstanding any option chosen, we reserve the right to make a lump sum payment of the proceeds payable under the Policy if such amount is less than our minimum or the amount of monthly payments would be less than our minimum payment.


More Definitions of Annual Factor

Annual Factor means: (a) 20%, if the Annual Conversion Amount is being calculated for calendar year 2021; (b) 40%, if the Annual Conversion Amount is being calculated for calendar year 2022; (c) 60%, if the Annual Conversion Amount is being calculated for calendar year 2023; (d) 80%, if the Annual Conversion Amount is being calculated for calendar year 2024; or (e) 100%, if the Annual Conversion Amount is being calculated for calendar year 2025 or thereafter. “Annual Preferred Series B Rate” means 8% per annum. “Annual Preferred Series B Return” means for any given Fiscal Year (or portion thereof, for which a pro-rated Annual Preferred Series B Return shall apply), the amount equal to a Preferred Series B Unit Account holder’s (a) Hypothetical Preferred Opening Capital Account Balance multiplied by (b) Annual Preferred Series B Rate. “Annualized Revenues” has the meaning set forth in Schedule A. - 2 - 737868395
Annual Factor means 1 plus the lesser of either:15
Annual Factor not applicable.

Related to Annual Factor

  • Capitalization Rate means six and one-half percent (6.50%).

  • Performance Factor means any matter that could or will significantly affect a party’s ability to fulfill its obligations under this Agreement;