Definition of Post Retirement Benefits


Post Retirement Benefits means and include the contributory provident fund and gratuity, as decided
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Examples of Post Retirement Benefits in a sentence

The ARC is deposited and payments of postemployment health and life insurance benefits to retirees are made from the State Post- Retirement Benefits Trust Fund.
FAR Clauses 52.215-15, Pension Adjustments and Asset Reversions (October 2010); 52.215-18, Reversion or Adjustment of Plans for Post Retirement Benefits (PRB) Other Than Pensions (July 2005); and, 52.215-19 , Notification of Ownership Changes (October 1997), are deleted in their entirety.
City of Port Orange, Florida, Post Retirement Benefits Plan (the "Plan") is a single- employer healthcare plan administered by the City.
Other Postemployment Benefit Plans The State administers the State Employee Other Postemployment Benefit Plan (State Employee OPEB Plan) through the State Post- Retirement Benefits Trust Fund as set forth in Section 67-19d- 201 of the Utah Code.
Under US GAAP these benefits are accounted in accordance with the provisions of SFAS No. 106, Employer's Accounting for Post Retirement Benefits Other Than Pensions, which states that both the contractual liability and the liability in excess of contributions made by plan members are accounted for.