Examples of Actuarially Adjusted in a sentence
Before Actuarially Adjusted Benefits (AAB) can be paid the teacher must cease all teaching employment.
However, the member should be aware that pension benefits will be paid at a reduced rate (Actuarially Adjusted Benefit Retirement (AAB)).
Payment of the Supplemental Retirement Benefit shall be made in the form of a single lump sum cash amount equal to the Actuarially Equivalent present value of the annuity described in Section 9(a); provided, however, that the amount of such monthly annuity payments shall be Actuarially Adjusted in the event payment begins before Executive has attained age 60.
You may be able to access your benefits earlier than your normal pension age through Early Retirement (Actuarially Adjusted Benefits), Phased Retirement or, subject to employer consent, Premature Retirement.
Such Account Balance shall be expressed in terms of a lump sum which shall be Actuarially Adjusted for a form of payment other than a lump sum.
Teachers’ Pensions will set up a separate application for Early Retirement (Actuarially Adjusted Benefits) using the relevant lump sum indications from Part A Section 4.You can find information about your Normal Pension Age at www.teacherspensions.co.uk/npa.You should NOT use this form if you haven’t reached normal pension age in any of the Teachers’ Pension Scheme arrangements in which you hold benefits.
The Supplemental Benefit shall be equal to 100% of the amount of the Participant’s Supplemental Benefit determined in accordance with Article 4, Actuarially Adjusted and reduced in the same manner as is applicable under the CFC Retirement Plan, as if the Participant had terminated employment with the Employer as of his date of death and commenced benefit payments from the CFC Retirement Plan on the date on which the Beneficiary first commences benefit payments from the CFC Retirement Plan.
Each Purchaser shall have received from the Company duly executed Notes and Warrants as required by this Agreement.
Payment of the Supplemental Retirement Benefit shall begin at the same time as and shall be made in the same form as Executive receives payment of his monthly benefits from the Company's pension plans; provided, however, that the amount of such monthly Benefit payments shall be Actuarially Adjusted in the event payment begins before Executive has attained age 62 or payment is made in a form other than an annuity payable over his lifetime.
Employees aged 55 to 59 who are members of the Teachers’ Pension Scheme (TPS) and who are dismissed on the grounds of redundancy, may access actuarially adjusted pension benefits by completing the online Actuarially Adjusted Benefits application form in the forms and leaflets section of the website (www.teacherspensions.co.uk).