Independent Actuary definition

Independent Actuary has the meaning set forth in Section 9.5(d).

Independent Actuary means a member in good standing of the

Independent Actuary shall have the meaning set forth in Section 2.9(b)(ii).

Examples of Independent Actuary in a sentence

• At the end of each plan year the Independent Actuary, in addition to determining the cost basis for the next ensuing year shall certify the unexpended trust fund monies as of the 120th day following the end of the plan year.

• The Independent Actuary shall act as an expert and not an arbitrator and its determination of the GE UK Pension Plan Transferred Liabilities shall be final and binding on the Parties.

• The costs of the Independent Actuary will be borne by GE and BHGE in equal amounts.

• The Third Party Administrator, Comprehensive Managed Care Administrator, Legal Counsel, and Independent Actuary shall be determined by the Trustees and shall be funded by the Trust.

• An Independent Actuary has reviewed the terms of the proposed transfer in the Independent Actuary’s Report (the “Report”).

More Definitions of Independent Actuary

Independent Actuary has the meaning set forth in Section 4.26(e).

Independent Actuary means an Actuary, holding a certificate of practice from the Actuarial Society of India and who has been appointed as such by the Company;

Independent Actuary means a member in good standing of the Casualty Actuarial Society or a member in good standing of the American Academy of Actuaries who has been identified by the Academy as meeting its qualification standards for signing casualty loss reserve opinions. Said actuary must not be an officer, director or employe of the fund or a member of the fund for which he or she is providing reports, certifications or services.

Independent Actuary has the meaning set forth in Section 4.3(e) of this Agreement.

Independent Actuary means Stewart Mitchell of Lane Clark & Peacock LLP, the independent actuary appointed to report on the terms of the Scheme, or any successor appointed to report on the Scheme;

Independent Actuary means the independent actuary appointed by the parties from time to time, or, where the parties are unable to agree, the UK Institute and Faculty of Actuaries shall nominate the independent actuary;

Independent Actuary means Milliman USA’s Chicago office.