Examples of Funded Plan in a sentence
Funded Plan: The Company has defined benefit plan for Post-Employment benefit in the form of Gratuity for all employees which is administered through Life Insurance Corporation (LIC) Liability for above defined benefit plan is provided on the basis of valuation, as at the Balance Sheet date, carried out by an independent actuary.
Each Self- Funded Plan Sponsor (an “Other Payor” under your Agreement) will contract with KPIC to provide administrative services for the Plan Sponsor’s Self-Funded plan.
To the extent that the amount of an Employee’s monthly benefit under the Funded Plan is increased or decreased (due, e.g., to a change in the Code Section 401(a)(17) or 415 limits or otherwise), the amount payable from this Plan shall increase or decrease accordingly.
Explore independent majors (personalized degrees based on student interest and needs)Appendix 5 Academic Reorganization Proposals Submitted by Campus Faculty and Groups 1.
Any actuarial adjustments required with respect to benefits payable under this Plan shall be accomplished by reference to the actuarial assumptions used in the Funded Plan.