EXPERIENCE RATING. Experienced teachers employed for the first time in the Xx Xxxxx-Xxxxxxxxx school system including teachers being hired as long term substitutes, may be allowed such credit for previous teaching experience, up to full credit, as the School District in its discretion may determine.
EXPERIENCE RATING. Half (1/2) credit: Teachers employed in the Evansville Vanderburgh School Corporation for a minimum of 120 days in the prior school year will receive half (1/2) credit.
EXPERIENCE RATING. Periodically, but at least annually after the end of each Policy Year, United shall determine the retrospective experience rating for the SHIP (including any SHIP Policy reinsured by United, in whole or in part) in accordance with this Section 8.3. 8.3.1
EXPERIENCE RATING. 1. The Employer will acknowledge and recognize a person's previous experience on the same or similar equipment if that experience can be substantiated by a log book or letter(s) of reference and classify the person accordingly, if that person is hired. Accordingly, the Employee/member will be responsible for ensuring that they sufficiently complete their personal log book on a weekly basis (for apprentices and operators).
EXPERIENCE RATING. 37.01 An employee commencing work with the Employer who has had at least twelve (12) months verified experience in a Hospital ending at any time during the previous twenty-four (24) months, shall receive the wage rate as set out in Schedule “A” with credit for his previous experience provided such previous experience was in the same classification in which he is employed by the Employer.
EXPERIENCE RATING. A method of determining premiums based on the historical utilization data and demographics of a specific group. Large groups (over 51 employees) are generally experience-rated. HCRA/GME Tax A tax which applies to health plans in New York State as part of the hospital reimbursement formula. It is included in the premium for insured plans, but is paid directly by self-funded plans. Incurred But Not Reported (IBNR) Claims or benefits that occurred during a particular time period, but that have not yet been reported or submitted to an insurer so they remain unpaid. Minimum Premium A funding arrangement designed to limit the amount of premium tax paid by the group and to limit the claims liability on a monthly basis. Per Member, Per Month (PMPM) Method of calculating and comparing costs of providing health care services to plan participants in utilization reports.
EXPERIENCE RATING. The experience rating of Seller under the laws of the State of Ohio with reference to unemployment compensation, to the extent that such can be transferred;
EXPERIENCE RATING. In determining the ratio set forth above, the expected mortality for State Mutual will be experience rated on a quarterly basis. The experience rating formula, which will be used, is contained on Schedule E. If and when State Mutual ceases to cede all or any portion of the coverage defined in Article II (A), and State Mutual is deemed to be in a deficit position, the Accelerated Formula contained in Schedule E will be followed. A deficit position is defined as occurring whenever claims submitted by State Mutual on reinsurance assumed under this Agreement, over the life of this Agreement, exceed assessed claims on reinsurance ceded by more than 10%. Assessed claims are defined as the ceding company's ACTUALIZER pool share multiplied by the pool's actual claims.
EXPERIENCE RATING. The Company may apply an experience credit to this contract at the end of any contract year in the form of an adjustment in the next succeeding year to the deduction from each gross contribution described in Section 3.02 or in the form of additional General Account or Separate Account accumulation units credited to the Participant's Individual Account or in the form of additional General Account or Separate Account annuity units, or in the form of modifications in the calculation of annuity unit values, as applicable. The experience credit may also be applied to future Contract owner contributions.
EXPERIENCE RATING. If at the end of any ANNUAL VALUATION PERIOD, the INTERIM CLAIM POSITION is negative, the proceeds that the CEDING COMPANY may, at its sole discretion, establish on behalf of the REINSURER can be reduced based on the Experience Rating mechanism. The reduction is the greater of the absolute value of A or the absolute value of B, where: A = .5 * INTERIM CLAIM POSITION, and B = MONTHLY ELAPSED RATIO * INTERIM CLAIM POSITION
