Annual Actuarial Report definition

Annual Actuarial Report means a report prepared by the Approved Actuary pursuant to clause 14.
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Annual Actuarial Report has the meaning specified in Section 2.02(b)
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Annual Actuarial Report has the meaning specified in Section 2.02(b) -----------------------
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Examples of Annual Actuarial Report in a sentence

  • Each membership tier’s composition is defined in the most recent Annual Actuarial Report.

  • The Trustee will use its best endeavours to procure that the Approved Actuary prepares and provides to the NSW Government an Annual Actuarial Report by the date which is 20 days prior to each Payment Date.

  • If the Annual Actuarial Report produced for that year projects PBOP costs during the next four years, taken together with the then current cumulative PBOP cost/allowance position, will, absent a change in the PBOP allowance, cause the AEP Companies to over or under collect their cumulative PBOP costs by more than 20% of the projected next four year's total cost, the PBOP allowance shall be adjusted.

  • If neither the Seller nor the Purchaser gives written notice of a Dispute within the Dispute Period, such Annual Actuarial Report shall be deemed to have been accepted in the form in which it was delivered and shall be final and binding upon the parties with respect to the Dispute in the absence of fraud or manifest error.

  • Both the Heads of Agreement and the proposed Principal Deed envisage the completion of an Annual Actuarial Report evaluating the potential asbestos-related liabilities of the Liable Entities of the James Hardie Group of companies.

  • The Adjusted Purchase Price and the Adjusted Closing Note Principal (as defined in Section 2.04(c) hereof) shall be computed based upon the Annual Actuarial Report or the Arbiter's redetermination of Subject Loss Reserves as of the Redetermination Date, as the case may be.

  • If P contains a non-fake loop which bounds an external disc and has length at most 3, then P is not minimal .Computer search for bricks.

  • DGI shall within 30 days after receipt of such Dispute Notice, attempt to resolve such Dispute and agree in writing upon the final content of the respective Annual Actuarial Report and upon the amount of any guarantee payment to be made by WBM to DGI and shall also provide the information required by paragraph (d) of this subsection (h).

  • The Trustee shall procure that the Approved Actuary provides to each of JHINV and the NSW Government an advanced draft of each Annual Actuarial Report at least 10 Business Days prior to that report being required to be finalised under this deed.

  • Such report shall be final and binding on the parties hereto with respect to the Dispute (but not with respect to any Subject Loss Reserves reflected in any subsequent Annual Actuarial Report).

Related to Annual Actuarial Report

  • Actuarial reserve means a method of financing a pension or

  • Actuarial Standards Board means the board established by the American Academy of Actuaries to develop and promulgate standards of actuarial practice.

  • Actuarial valuation means a mathematical determination of

  • Annual Accountant’s Report is defined in Section 3.04(a) of the Servicing Agreement.

  • Actuarial method means the method of allocating a fixed level monthly payment on an obligation between principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of (a) 1/12, (b) the fixed annual rate of interest on such obligation and (c) the outstanding principal balance of such obligation.

  • Actuarial opinion means the opinion of an appointed actuary regarding the adequacy of the reserves and related actuarial items based on an asset adequacy analysis in accordance with subrule 5.34(6) and with applicable actuarial standards.

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared:

  • Annual Report means any Annual Report provided by the Issuer pursuant to, and as described in, Sections 3 and 4 of this Disclosure Certificate.

  • Financial Report means the annual financial report prepared under Chapter 2M of the Corporations Act for the Company and its controlled entities;

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Actuarial Receivable means any Receivable under which the portion of a payment with respect thereto allocable to interest and the portion of a payment with respect thereto allocable to principal is determined in accordance with the Actuarial Method.

  • Annual Statement means the annual statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation, which statement shall be in the form required by such Insurance Subsidiary’s jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing annual statutory financial statements and shall contain the type of information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Most Recent Fiscal Year End has the meaning set forth in Section 4(g) below.

  • Fiscal Year End means December 31 of each calendar year.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Annual Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder in a Policy Year irrespective of whether any limits of any benefit items stated in the Benefit Schedule have been reached. The Annual Benefit Limit is counted afresh in a new Policy Year.

  • Annual Statement of Compliance As defined in Section 3.13.

  • Financial Reports means the Annual Financial Statements and the Interim Accounts.

  • Actuarial certification means a written statement by a member of the American Academy of

  • Final Report means the report described as a final report in 14 RCW 42.17.080(2).

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Annual Financial Statement is defined in Section 10.1(a).