Plan Factors definition

Plan Factors means factors used to adjust the PARTICIPATING MEDICAL GROUP’s PMPM Non-Capitated Expense to account for cost variations attributable to the mix of Member Benefit Agreements. The Non-Capitated Expense Plan Factors include a durational factor for the durational plans.
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Plan Factors means such standards and procedures for determining amounts of pension, Commuted Values of pensions and other standards and procedures of a like nature as are adopted from time to time by the Company or an authorized officer of the Company and which shall produce values in accordance with those prescribed by the Act and the Income Tax Act.
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Plan Factors means factors used to adjust the PARTICIPATING MEDICAL GROUP’s Capitation to account for cost variations attributable to the mix of Member Benefit Agreements.
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Examples of Plan Factors in a sentence

  • The Department and its actuaries will recalculate the RAR MCO Plan Factors monthly, or every six (6) months effective January 1 and July 1 of each year, or in accordance with another periodicity schedule determined by the Department.

  • Lifetime Income Plan Factors for other ages, or for joint lives with different ages, are available upon request.

  • Lifetime Annual Income Plan Factors for each $1,000 applied under this option calculated using the [Annuity 2000 Mortality Table] and [1.5%] interest per annum for certain ages are shown below.

  • Annual Income Plan Factors for each $1,000 applied under this option calculated using the Annuity 2000 Mortality Table and 1.5% interest per annum for certain ages are shown below.

  • Information Surrender Charge Contract Facts Proceeds Payable to the Beneficiary Charges and Fees Death Benefit Income Plan Factors CHOOSING AN INCOME PLAN ...................

  • If this option is elected, all terms and conditions in this Rider pertaining to the MGIB will apply, except that the benefit payments will be determined differently, as described in the MGIB Income Plan Factors provision of this Rider.

  • Partial Withdrawal Option Surrender Charges Surrender Charge Premium Taxes Cash Surrender Value Benefit Income Plan Factors Proceeds Payable to the Beneficiary Choosing an Income Plan....................

  • MGIB Income Plan Factors are calculated using interest at a rate of [1.5%] per annum and, where applicable, the [Annuity 2000] Mortality Table with improvements based on Projection Scale [G].

  • The General Account The Fixed Account Contract Facts Charges Income Plan Factors IMPORTANT TERMS ............................................................

  • Currency; Misstatement of Age or Sex; Assignment; Change in Plan; Factors Subject to Change; NonParticipating; Applicable Tax Law BASIS OF COMPUTATION .....................................................


More Definitions of Plan Factors

Plan Factors means such factors determined on an actuarial equivalent basis and such standards and procedures for determining amounts of pensions, amounts of interest, commuted values of pensions and other standards and procedures of a like nature as are adopted from time to time by the Retiree Pension Committee on the advice of the Actuary and in accordance with generally accepted actuarial principles. Insofar as benefits are paid
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