Examples of Annuity in a sentence
Furthermore, the Board also agrees to pay the Superintendent’s required membership contributions (hereafter referred to as the “pick- up”) as a Board-paid fringe benefit, based on the base salary and all other “compensation” under Ohio Revised Code (“ORC”) §3307.01, including, but not limited to, Medicare and Performance Annuity amounts.
The Employer will continue to provide a Salary Deductions Tax Sheltered Annuity Program.
The National Association of Insurance Commissioners (NAIC) has recommended the use of the 2012 Individual Annuity Reserving Table (2012 IAR) for commercial and gift annuities issued after January 1, 2015.
All full-time employees who have completed at least two (2) years of full-time continuous service to the School District are eligible to participate in a Tax-Sheltered Annuity (TSA) or 403B matching plan.
In place of the standard form may choose to have benefit paid in the following optional Life Annuity This optional form provides an increased retirement benefit payable monthly for so long as the pensioner lives after retirement with no continuation of payments after death.