Actuarial Value. The use of a metallic name, such as Platinum, Gold, Silver or Bronze, or other statements with respect to a Health Benefit Plan’s actuarial value, is not an indicator of the actual amount of expenses that a particular person will be responsible to pay out of his/her own pocket. A person's out of pocket expenses will vary depending on many factors, such as the particular health care services, health care Providers and particular benefit plan chosen. Please note that metallic names reflect only an approximation of the actuarial value of a particular benefit plan.
Actuarial Value. The actuarial present value (as defined in Section 4001 of ERISA) of all benefit commitments (as defined in Section 4001 of ERISA) under each GUARANTEED PENSION PLAN does not exceed the assets of that plan.
Actuarial Value. The use of a metallic name, such as Platinum, Gold, Silver or Bronze, or other statements with respect to a health benefit plan's actuarial value, is not an indicator of the actual amount of expenses that a particular person will be responsible to pay out of his/her own pocket. A person's out of pocket expenses will vary depending on many factors, such as the particular health care services, health care providers and particular benefit plan chosen. Please note that metallic names reflect only an approximation of the actuarial value of a particular benefit plan. Member Data Sharing You may, under certain circumstances, as specified below, apply for and obtain, subject to any applicable terms and conditions, replacement coverage. The replacement coverage will be that which is offered by Blue Cross and Blue Shield of Texas, a division of Health Care Service Corporation, or, if You do not reside in the Blue Cross and Blue Shield of Texas Service Area, by the Host Blues whose service area covers the geographic area in which you reside. The circumstances mentioned above may arise in various circumstances, such as from involuntary termination of your health coverage sponsored by the Group/Employer. As part of the overall plan of benefits that Blue Cross and Blue Shield of Texas offers to, You, if You do not reside in the Blue Cross and Blue Shield of Texas Service Area, Blue Cross and Blue Shield of Texas may facilitate Your right to apply for and obtain such replacement coverage, subject to applicable eligibility requirements, from the Host Blue in which You reside. To do this we may (1) communicate directly with You and/or (2) provide the Host Blues whose service area covers the geographic area in which you reside, with your personal information and may also provide other general information relating to your coverage under the Certificate the Group/Employer has with Blue Cross and Blue Shield of Texas to the extent reasonably necessary to enable the relevant Host Blues to offer You coverage continuity through replacement coverage. PEDIATRIC VISION CARE BENEFITS Pediatric Vision Care is made part of, and is in addition to any information You may have in Your HMO Certificate. Information about coverage for the routine vision care services are outlined below and are specifically excluded under Your medical health care plan. (Services that are covered under Your medical plan are not covered under this Pediatric Vision Care Benefit.) All provisions in the Certificat...
Actuarial Value. The Actuarial Value will be calculated by actuaries appointed by Rio Tinto, using methods and assumptions that are consistent with those used for calculating the Defined Benefit Obligation under International Financial Reporting Standards (IFRS) for the purpose of the Rio Tinto Group accounts. For this purpose, the Group accounts with an effective date closest to but not after the date of retirement shall be used. Specifically: • Assumptions that are dependent upon market conditions will be determined with respect to market conditions at the date of retirement; • The actuarial assumptions used to determine the value of the UK benefits (including the supplementary pension) will be consistent with those used to value the Rio Tinto Pension Fund in the Group accounts; and • The actuarial assumptions used to determine the value of the US benefits will be consistent with those used to value the US plans in the Rio Tinto Group accounts.
Actuarial Value. Actuarial values, or actuarial --------------- equivalents shall be determined for purposes of the SERP by reference to the cost that would be required to purchase the annuity benefit to be provided from an insurance company mutually acceptable to both the Company and the Executive.
