Retirement Cost definition

Retirement Cost means the cost of all employee compensation and any other benefits to be paid under the NTFS Program Agreement, plus the anticipated cost of compensation, benefits and other employment related costs for future part-time teaching or research of the employee.
Retirement Cost means the cost of all benefits, including future part-time teaching, research, or other employment-related costs of the faculty member. “Replacement cost” means the estimated salary and fringe benefits cost of the individual or individuals who will be employed to fill the position or responsibilities of the retiring faculty member. “Retention cost” means the last annual salary and fringe benefits cost of the retiring faculty member, including any increases in salary or fringe benefits approved prior to the effective date of an agreement.
Retirement Cost means the cost of all benefits, including future part-time teaching, research or other employment-related costs of the Eligible Employee including the employer's portion of FICA taxes;

Examples of Retirement Cost in a sentence

  • Early Retirement Cost is also required for Early Retirement Measures.

  • Rate Deprec Exp (NetDep) Depreciation Retirement Cost Of Removal Salvage End Bal Tax Addition Tax Depr.

  • This proposal was adopted by the General Assembly in late March 2014 in the budget bill:(4) Regional Mental Health/Mental Retardation Boards Retirement Cost Increase: Included in the above General Fund appropriation is a total of $24,825,700 in each fiscal year for Regional Mental Health/Mental Retardation Boards to assist them with employer contributions for the Kentucky Employees Retirement System.

  • This is how much more expensive the energy efficiency measure is than a similar, industry standard measure, as defined by the Utility Administrator.IMC = EE Equipment – ISP EquipmentEarly Retirement Cost (ERC) is the full cost incurred to install the energy efficiency measure reduced by the net present value of the full cost that would have been incurred to install an ISP measure at the end of the remaining useful life period.

  • Retirement Cost The Parent has separate funded contributory defined contribution retirement plans covering all its officers and regular employees.

  • Atmos Mid-Tex has not established that the allocation of costs related to Cost Center 1905, Outside Director Retirement Cost, is just and reasonable.

  • This is how much more expensive the energy efficiency measure is than a similar, industry standard measure, as defined by the Utility Administrator.IMC = EE Equipment – ISP Equipment Early Retirement Cost (ERC) is the full cost incurred to install the energy efficiency measure reduced by the net present value of the full cost that would have been incurred to install an ISP measure at the end of the remaining useful life period.

  • Retirement Cost – which is a one-off expense however, remained at Rs100.87 million against the budget of Rs98.44 million due to an increase in number of retirees under Early Retirement Incentive Scheme of the SBP.Review of Business Planning and Budgeting 10.4 Un-Budgeted ExpensesThe un-budgeted expenses during the year amounted to Rs176.41 million which primarily include the Privatization Commission charges of Rs138.58 million, paid for the privatization of HBL and the disinvestment of shares of NBP.

  • Br J Orthod, 1993 May, 20(2):123–129 [9] Chang Z, Hu F, Lai E, Yao C, Chen M, Chen Y.

  • An offsetting Asset Retirement Cost ("ARC") is capitalized as part of the carrying value of the assets with which it is associated, and depreciated over the useful life of the asset.


More Definitions of Retirement Cost

Retirement Cost means the cost of all employee compensation and any other benefits to be paid under the Program Agreement, plus the anticipated
Retirement Cost shall have the meaning set forth in Section 7.1(b).

Related to Retirement Cost

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of applicable building codes, ordinances or laws, and without deduction for depreciation.

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • ' Compensation Insurance With respect to all operations performed, the Party shall carry workers’ compensation insurance in accordance with the laws of the State of Vermont. Vermont will accept an out-of-state employer's workers’ compensation coverage while operating in Vermont provided that the insurance carrier is licensed to write insurance in Vermont and an amendatory endorsement is added to the policy adding Vermont for coverage purposes. Otherwise, the party shall secure a Vermont workers’ compensation policy, if necessary to comply with Vermont law.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • disability living allowance means a disability living allowance under section 71 of the SSCBA;

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Subcontractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Disability allowance means monthly payments during

  • Final compensation of a member means:

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Final Average Compensation means the average annual

  • 415 Compensation means:

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Retirement Benefit means the benefit set forth in Article 5.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Special Hazard Loss Coverage Amount With respect to the first Distribution Date, $10,348,874. With respect to any Distribution Date after the first Distribution Date, the lesser of (a) the greatest of (i) 1% of the aggregate of the principal balances of the Mortgage Loans, (ii) twice the principal balance of the largest Mortgage Loan and (iii) the aggregate of the principal balances of all Mortgage Loans secured by Mortgaged Properties located in the single California postal zip code area having the highest aggregate principal balance of any such zip code area and (b) the Special Hazard Loss Coverage Amount as of the Closing Date less the amount, if any, of Special Hazard Losses allocated to the Certificates since the Closing Date. All principal balances for the purpose of this definition will be calculated as of the first day of the calendar month preceding the month of such Distribution Date after giving effect to Scheduled Payments on the Mortgage Loans then due, whether or not paid.

  • Target Cost as used in this contract, means the estimated cost of this contract as initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days inclusive) within one (1) year period; and each subsequent Policy Year shall be the one (1) year period from each Renewal Date.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.