Examples of DB Member in a sentence
Subject to Applicable Pension Laws, a DB Member and his Spouse may waive this form of pension by signing a waiver form to that effect.
ROSA played a major role as lead agency in a project proposal on innovative methods for flood risk assessment based on Earth observation data.
If the DB Member is transferred to a foreign affiliate of the Company, the Member’s benefit shall be determined in accordance with the Company’s policy on such transfers subject to any limits under the Revenue Rules or the Applicable Pension Laws.
If a DB Member dies after his attainment of age fifty-five (55) and prior to his Retirement Date, and provided that the Member was a Survivor Benefit Contributor, the Spouse of such deceased Member shall receive a retirement income equal to fifty percent (50%) of the retirement income to which the Member would have been entitled pursuant to Section 4.02, taking into account only Credited Past Service, had he retired on the first day of the month next following his death.
Required contributions made by a DB Member in a year shall not exceed the maximum permitted under paragraph 8503(4)(a) of the Income Tax Regulations.
A DB Member shall be eligible for normal retirement upon attaining age 60 or older with 8 or more years of credited service, or age 50 or older with 25 or more years of credited service.
The Actuary shall prepare a report to the University that shows the Transfer Value for each transferring DB Member and describes the methods and assumptions used in determining such Transfer Value.
For a DB Member, from and after January 1, 2012, the contributions shall be determined by applying the contribution rates in Schedule A applicable to the DB Member to the DB Member’s Basic Salary.
A DB Member or DB/DC Member with a Spouse who has waived, in the prescribed manner, her right to 60% of the Member’s retirement income following his death, shall receive his retirement income in accordance with paragraph 26.01(a).
For any DC Member or DB Member who is employed on a less than full-time basis (other than one on a Reduced Appointment) in respect of which the University is to make regular contributions to the Fund under this paragraph 4.1(a), the University shall make the required contributions in accordance with sub-paragraphs (i), (ii), (iii), (iv), (v), and (vi) above, as applicable, based on the actual salary earned by such DC Member or DB Member, as the case may be, rather than based upon the Basic Salary.