Cost of Living Increases definition

Cost of Living Increases. Effective January 1, 1990 on each January 1st following the later of the commencement of a pen- sion and age 65, as long as the pension continues to be paid to the Member, Spouse or beneficiary, as applicable, the portion of that pension earned in respect of service from January 1, 1990 shall be adjusted on a percentage basis by the Inflation Adjustment Factor de- scribed in Section 2.10(a).
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Cost of Living Increases. The monthly rent, as set out above, shall be increased in the manner and 42 at the times indicated as follows:
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Cost of Living Increases. Effective January on each January 1stfollowing the later of the commencement of a pension and age as long as the pension continues to be paid to the Member, Spouse or beneficiary, as applicable, the por- tion of that pension earned in respect of servicefrom January shall be adjusted on a percentage basis by the inflation Adjustment Factor described in Section “Active Benefit Indexation” Effective January on each January 1st until the later of commencement of a pension and age the pension earned by active membersas at the previous January shall be adjusted on a percentage basis by the Inflation Adjustment Factor described in Section SECTION COMMENCEMENT AND DURATION OF RETIREMENTBENEFITS to an Pensions shall be payable to a Member as of his Normal Retirement Date, shall in no event be payable with respect prior month, and shall be payable on the first day of each thereafter during the life of such Member, ceasingwith the last payment to which he was entitled immediately prior to his date of death and subject to Section and any election made under Section Notwithstanding Section above, the Pension for a Member electing to receive a Pension prior to his Normal Retirement Date pursuant to Section hereof shall com- mence on the later of: the first day of the month next following the date of the Member’swritten application for Early Retirement: or the first of the month coincident with or next follow- ing the Early Retirement date requested in the Member’s written application. Notwithstanding any other provision of this Agreement, a retired Member,who is in receipt of a Pension under the Plan, will continue to receive such Pension if he returns to active service with the In all other respects he shall be considered an employee Company.
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Examples of Cost of Living Increases in a sentence

  • Sincerely, Chairman Nelson,Crescent Fire Protection District Board of DirectorsSTAFF REPORT – APPOINT AN AD HOC COMMITTEE OF TWO BOARD MEMBERS TO MEET WITH THE CITY MANAGER REGARDING COST OF LIVING INCREASES FOR SHARED PERSONNEL RECOMMENDATION 1.


More Definitions of Cost of Living Increases

Cost of Living Increases. Effective January on each January 1st following the later of the commencement off a pension and age as long as the pension continues to be paid to the Member, Spouse or beneficiary, as applicable, the portion of that pension earned in respect of service from January shall be adjusted on a percentage basis by the Inflation Adjustment Factor described in Section (a). "Active Benefit Indexation" Effective January on each January 1st until the later of commencement of a pension and age the pension earned by active members as the previous January shall be adjusted on a percentage basis by the Inflation Adjustment Factor described in Section
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Cost of Living Increases means increases in pensions pursuant to this Article 15.
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Related to Cost of Living Increases

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • PJM Region Installed Reserve Margin means the percent installed reserve margin for the PJM Region required pursuant to RAA, Schedule 4.1, as approved by the PJM Board. PJM Region Peak Load Forecast:

  • First Incremental Auction means an Incremental Auction conducted 20 months prior to the start of the Delivery Year to which it relates.

  • Pro Forma Cost Savings means, without duplication of any amounts referenced in the definition of “Pro Forma Basis,” an amount equal to the amount of cost savings, operating expense reductions, operating improvements (including the entry into any material contract or arrangement) and acquisition synergies, in each case, projected in good faith to be realized (calculated on a pro forma basis as though such items had been realized on the first day of such period) as a result of actions taken on or prior to, or to be taken by Lead Borrower (or any successor thereto) or any Restricted Subsidiary within 24 months of, the date of such pro forma calculation, net of the amount of actual benefits realized or expected to be realized during such period that are otherwise included in the calculation of Consolidated EBITDA from such action; provided that (a) such cost savings, operating expense reductions, operating improvements and synergies are factually supportable and reasonably identifiable (as determined in good faith by a responsible financial or accounting officer, in his or her capacity as such and not in his or her personal capacity, of Lead Borrower (or any successor thereto)) and are reasonably anticipated to be realized within 24 months after the date of such pro forma calculation and (b) no cost savings, operating expense reductions, operating improvements and synergies shall be added pursuant to this definition to the extent duplicative of any expenses or charges otherwise added to Consolidated Net Income or Consolidated EBITDA, whether through a pro forma adjustment or otherwise, for such period; provided, further, that the aggregate amount added in respect of the foregoing proviso (or otherwise added to Consolidated Net Income or Consolidated EBITDA) shall no longer be permitted to be added back to the extent the cost savings, operating expense reductions, operating improvements and synergies have not been achieved within 24 months of the action or event giving rise to such cost savings, operating expense reductions, operating improvements and synergies.

  • Incremental Amount means, at any time, the excess, if any, of (a) $200.0 million over (b) the aggregate amount of all Incremental Term Loan Commitments and Incremental Revolving Facility Commitments established prior to such time pursuant to Section 2.21.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.