Normal costs definition

Normal costs means the sum of the individual normal costs for all
Normal costs means the sum of the individual normal costs for all active members for each fiscal year. The normal cost for an individual active member is the cost that is assigned to the fiscal year, through June 29, 2016, using the projected unit credit method and, beginning June 30, 2016, using the actuarial cost method determined by the board pursuant to section 38-714.
Normal costs means the sum of the individual normal costs for all active members for each fiscal year. The normal cost for an individual active member is the cost that is assigned to the fiscal year using the projected unit credit method.

Examples of Normal costs in a sentence

  • Normal costs and expenses (notably transportation, lodging, telecommunications, meals, and incidentals) incurred by the Geovic Team in respect of this Services Contract shall be paid directly by Geovic Cameroon or reimbursed on an actual cost reimbursable basis.

  • Normal costs for providing parking facilities, driver rooms, rest room facilities, and the like, other than at the Cooperative Maintenance Facility, will be the respective district's responsibility.

  • Normal costs and expenses (notably transportation, lodging, telecommunications, meal, incidental) incurred by Geovic Team in respect of this Services Contract shall be paid directly by GeoCam or reimbursed on an actual cost reimbursable basis.

  • Beginning on June 25, 2012, employees will pay one-half of the annual increase in Retirement COLA Normal costs, not to exceed a cap in their increased costs of 2% in any given year.