Fund Actuary definition

Fund Actuary means Fund Actuary as defined in Annex D3 to this Part D;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Fund Actuary the actuary to a Fund appointed by the Administering Authority of the Fund;

Fund Actuary means Hewitt, Bacon & Woodrow Limited.

Examples of Fund Actuary in a sentence

• In the event of any dispute as to level of any cost that should be excluded from the calculation, the opinion of the Fund Actuary shall be final and binding.

• The Administering Authority will correspond with and commission any advice required of the Fund Actuary on behalf of the Scheme Employer in respect of any matters that may arise which require the determination of the Actuary and recharge any such costs that may arise to the Scheme Employer.

• This amount may be altered by us from time to time, subject to any recommendations by the Fund Actuary or any applicable legislation.

• For the avoidance of doubt 100% funded shall mean that the Admission Body shall be notionally allocated at the Commencement Date an amount of assets within the Fund equal to the value placed on the liabilities as at the Commencement Date as determined by the Fund Actuary.

• The Scheme Employer will ensure that the correct rate of employer contribution is deducted in accordance with the rates and adjustment certificate issued by the Fund Actuary as part of the triennial valuation of the Pension Fund.

More Definitions of Fund Actuary

Fund Actuary means the actuary to a Fund appointed by the Administering Authority of that Fund

Fund Actuary means a fund actuary as defined in Annex D2 to this Part D of this Schedule 9.1 (Staff Transfer);

Fund Actuary means an actuary appointed from time to time by the Administering Authority.

Fund Actuary means the Actuary appointed by the Fund from time to time; Future Concessionaire as defined in paragraph 6.3; Ill Health Retirement as defined in Regulation 35 of the LGPS Regulations Incumbent Concessionaire the Council’s Concessionaire providing the equivalent of the Services for the Council prior to the Commencement Date; Indirect Losses means loss of profits, loss of use, loss of production, loss of business, loss of business opportunity, or any claim for consequential loss or for indirect loss of any nature; LGPS means the Local Government Pension Scheme established pursuant to regulations made by the Secretary of State in exercise of powers under sections 7 and 12 of the Superannuation Act 1972; LGPS Regulations means the Local Government Pension Scheme Regulations 2013 (SI 2013/2356), as amended; New Employee as defined in paragraph 31.1.1 below; New Employer as defined in paragraph 25.1.2 below; Notional Fund as defined in paragraph 27.1 below; Pension Index means RPI plus 1.5%; Pensionable Pay as defined in in Regulation 20 of the LGPS Regulations; Reimbursed Pension Contribution as defined in paragraph 29.1 below;

Fund Actuary means ▇▇▇▇ ▇▇▇▇▇▇ of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, or another actuary appointed by the Customer for the purposes of this Schedule;

Fund Actuary means Fund Actuary as defined in Annex D3 to this

Fund Actuary means Fund Actuary as defined in Section 2A to this Section 2 (Pensions);