Plan Actuary definition

Plan Actuary means the actuary engaged by the Board pursuant to Section 10.1 of the Agreement.

Plan Actuary means the plan actuary for each Non-US DB Plan, Non-US DC Plan or Non-US H&W Plan prior to the Distribution Date or the third-party individual who determined the liability under such plan prior to, on or after the Distribution Date.

Plan Actuary means, in respect of any Stand-Alone EB Arrangement or Retained Novartis EB Arrangement, the actuary or firm of actuaries appointed to provide actuarial advice in respect of such Stand-Alone EB Arrangement or Retained Novartis EB Arrangement;

Examples of Plan Actuary in a sentence

• Having relied upon the information set forth in Section 2 of this report and based on the census and benefit provision information for your plan, it is my opinion as your Plan Actuary that the Side Fund and other Unfunded Accrued Liability bases as of June 30, 2014 and employer contribution as of July 1, 2016, have been properly and accurately determined in accordance with the principles and standards stated above.

• The Plan Actuary shall prepare valuation reports in satisfaction of Florida Statues using established actuarial assumptions and actuarial cost methods.

• Effective the first of the month following the Board meeting where the Plan Actuary estimates the Plan is at or below a 120% funded ratio, the contributions to the Plan will be adjusted to a level so as to maintain the 120% funded ratio position (using the same methodology as used to determine the 172% as of September 30, 2017 valuation).

• They shall become permanent improvements of the plan at the point at which the plan can financially sustain the amortization payments as determined by the Plan Actuary.

• The Plan Actuary provides the Trustee with advice on this statement.

More Definitions of Plan Actuary

Plan Actuary means the plan actuary for each Non-US DB Plan, Non-US DC Plan or Non-US H&W Plan prior to the Distribution Date or the third- party individual who determined the liability under such plan prior to, on or after the Distribution Date.

Plan Actuary means an actuary appointed in accordance with Article 2.3 of these Rules;

Plan Actuary means Xxxxxxx Xxxx of HSBC Actuaries and Consultants Limited, Spectrum House, 0 Xxxxxxxxxx Xxxx, Xxxxxxxxx, Xxxxxxxxxx XX0 0XX or the person from time to time acting as the actuary to the Plan; and

Plan Actuary means Xxxxxx Associates, actuary for the Plan.

Plan Actuary means Towers Xxxxxx & Co.

Plan Actuary shall have the meaning provided in Section 2.14(a).

Plan Actuary means Towers Watson & Co.