Interest Credits definition

Interest Credits means all interest that is credited to a pol- icy or contract.
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Interest Credits means all interest that is credited to the contract.
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Interest Credits means the amounts credited to a Member's Cash Balance Account in accordance with Section 4.1(e).
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Examples of Interest Credits in a sentence

  • Interest credits means the amounts credited to the employee cash balance account and the employer cash balance account at the end of each day.

  • Interest credits shall not remain conditional for a period longer than twenty-four months.

  • If the Participant continues to perform services, then any additional Principal Credits and Interest credits under the Cash Balance Formula will be credited to a new Hypothetical Account Balance which will be used to provide additional payments to the Participant under the terms of Section 5.1(a).

  • Interest credits shall not remain conditional for a period longer than 12 months.

  • Interest credits to a fixed index annuity will not mirror the actual performance of the relevant index.Insurance products issued by North American Company for Life and Health Insurance®, West Des Moines, Iowa.


More Definitions of Interest Credits

Interest Credits means the credits allocated pursuant to Section 4.4 of the Plan to the Account of a Participant who is not a Grandfathered Participant.
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Interest Credits means all interest that is credited to a deferred annuity contract.
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Interest Credits means the amounts, if any, credited to an Appendix G Member’s Cash Balance Account pursuant to Section III.3 of this Appendix G.
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Interest Credits means the amount, as of the end of each month, to be credited to each SERP Cash Balance Account as interest. The annual rate of interest to be credited shall the applicable rate of interest set forth in the Retirement Plan.
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Interest Credits means additions to an Executive's Account determined pursuant to Section 4.3. Interest Credits shall be earned each Plan Year based on the "Applicable Interest Rate" as defined in Exhibit A, attached hereto.
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Interest Credits means the amount credited to a Participant’s Account as interest in a Plan Year. Such amount shall be credited as of the last day of each Plan Year, and shall be equal to:
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Interest Credits means those amounts credited to the Participant's Account pursuant to Sections 6(f) and 7(b).
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