Total Plan Liability definition

Total Plan Liability means, at any time, the present value of all vested and unvested accrued benefits under the applicable Pension Plan(s), determined as of the then most recent valuation date for each applicable Pension Plan, using PBGC actuarial assumptions for single employer plan terminations.

Total Plan Liability means, at any time, the present value of all vested and unvested accrued benefits under all Pension Plans, determined as of the then most recent valuation date for each Pension Plan, using PBGC actuarial assumptions for single employer plan terminations.

Total Plan Liability means, at any time, the present value of all vested and unvested accrued benefits under all Pension Plans, determined as of the then most recent valuation date for each Pension Plan, using PBGC actuarial assumptions for single employer plan terminations if available.

Examples of Total Plan Liability in a sentence

• Beginning with the fiscal year ended June 30, 2014, and in accordance with Governmental Accounting Standard No. 67, the funded status is determined using the Fiduciary Net Position (market value of assets) and the Total Plan Liability (Entry Age actuarial cost method).An increase in the funded status over time usually indi- cates a plan is gaining financial strength.

• If we cast these operations in a Java interface, they would look like Example 4-1.

• Schedule of Net Pension LiabilityDate6/30/2014Total Pension Liability$1,781,130,985Plan Fiduciary Net Position1,516,720,045Net Pension Liability$264,410,940Plan Fiduciary Net Position as a Percentage of the Total Plan Liability 85.2%Covered employee payroll$153,979,385Net pension Liability as a percentage of covered payroll 171.7%This schedule is intended to show information for 10 years.

• In accordance with Governmental Accounting Standard No. 67, the funded status is determined using the Fidu- ciary Net Position (market value of assets) and the Total Plan Liability (Entry Age actuarial cost method).An increase in the funded status over time usually indi- cates a plan is gaining financial strength.

• The Unfunded Liability of all Pension Plans does not in the aggregate exceed twenty percent (20%) of the Total Plan Liability for all such Pension Plans.

• Total Plan Liability means, at any time, the present value of all vested and unvested accrued benefits under all Plans, determined as of the then most recent valuation date for each Plan, using PBGC actuarial assumptions for single employer plan terminations.

• The Total Plan Liability minus the Plan Net Position (the value of the assets in the pension trust fund that can be used to make benefit payments) equals the cumulative Net Pension Liability (NPL).

• In accordance with Governmental Accounting Standards Board Statement No. 67, the funded status is determined using the Fiduciary Net Position (market value of assets) and the Total Plan Liability (Entry Age actuarial cost method).An increase in the funded status over time usually indi- cates a plan is gaining financial strength.

• Schedule of Net Pension Liability Date6/30/2014Total Pension Liability$1,453,060,383Plan Fiduciary Net Position$1,260,757,215Net Pension Liability$192,303,168Plan Fiduciary Net Position as a Percentage of the Total Plan Liability 86.8%Covered employee payroll$100,912,194Net pension Liability as a percentage of covered payroll 190.56%This schedule is intended to show information for 10 years.

• The Unfunded Liability of all Single Employer Plans does not in the aggregate exceed twenty percent (20%) of the Total Plan Liability for all Single Employer Plans.

More Definitions of Total Plan Liability

Total Plan Liability means, at any time, the present value of all vested and unvested accrued benefits under all Pension Plans, determined as of the then most recent valuation date for each Pension Plan, using PBGC actuarial assumptions for single employer plan terminations. Trademarks means (a) all trademarks, trade names, corporate names, Borrowers names, business names, fictitious business names, trade styles, service marks, logos and other source or business identifiers, and all goodwill associated therewith, now existing or hereafter adopted or acquired, all registrations and recordings thereof, and all applications in connection therewith, whether in the United States Patent and Trademark Office or in any similar office or agency of the United States, any State thereof or any other country or any political subdivision thereof, or otherwise, and all common-law rights related thereto, including any of the foregoing referred to in Schedule 9.33, and (b) the right to obtain all renewals thereof.

Total Plan Liability means, at any time, the present value of all vested and unvested accrued benefits under all Pension Plans, determined as of the then most recent valuation date for each Pension Plan, using PBGC actuarial assumptions for single employer plan terminations. Trademarks means (a) all trademarks, trade names, corporate names, Borrowers’ names, business names, fictitious business names, trade styles, service marks, logos and other source or business identifiers, and all goodwill associated therewith, now existing or hereafter adopted or acquired, all registrations and recordings thereof, and all applications in connection therewith, whether in the United States Patent and Trademark Office or in any similar office or agency of the United States, any State thereof or any other country or any political subdivision thereof, or otherwise, and all common-law rights related thereto, including any of the foregoing referred to in Schedule 9.33, and (b) the right to obtain all renewals thereof. Trademark Licenses means, collectively, each agreement, whether written or oral, providing for the grant by or to any Loan Party of any right to use any Trademark, including any of the foregoing referred to in Schedule 9.33. Type is defined in Section 2.2.1.

Total Plan Liability means, at any time, the present value of all vested and unvested accrued benefits under all Plans, determined as of the then most recent valuation date for each Plan, using PBGC actuarial assumptions for single employer plan terminations. TWCC shall mean Texas Xxxxxxxxxxxx Coal Co., a Montana corporation.

Total Plan Liability means, at any time, the present value of all vested and unvested accrued benefits under all Plans, determined as of the then most recent valuation date for each Plan, using PBGC actuarial assumptions for single employer plan terminations. Total Revolving Loan Commitment shall mean (a) from November 1 of each year through January 31 of each subsequent year, an amount equal to Eighteen Million and No/100 Dollars ($18,000,000.00), and (b) from February 1 of each year through October 31 of each year, an amount equal to Twenty-Five Million and No/100 Dollars ($25,000,000.00), except, in each case, as such amounts may be increased or, upon the occurrence and at all times during the continuance of an Event of Default, decreased by Required Lenders in their sole discretion. UCC shall mean the Uniform Commercial Code as in effect in the State of Illinois.

Total Plan Liability means, at any time, the present value of all vested and unvested accrued benefits under all Pension Plans, determined as of the then most recent valuation date for each Pension Plan, using PBGC actuarial assumptions for single employer plan terminations. Trademarks means (a) all trademarks, trade names, corporate names, names of Loan Parties, business names, fictitious business names, trade styles, service marks, logos and other source or business identifiers, and all goodwill associated therewith, now existing or hereafter adopted or acquired, all registrations and recordings thereof, and all applications in connection therewith, whether in the United States Patent and Trademark Office or in any similar office or agency of the United States, any State thereof or any other country or any political subdivision thereof, or otherwise, and all common-law rights related thereto; and (b) the right to obtain all renewals thereof.

Total Plan Liability means, at any time, the present value of all vested and unvested accrued benefits under all Plans, determined as of the then most recent valuation date for each Plan, using PBGC actuarial assumptions for single employer plan terminations. Total Revolving Loan Commitment shall mean an amount equal to $85,000,000. UCC shall mean the Uniform Commercial Code as in effect in the State of Illinois.