Annual Service Cost Hybrid means the Operator’s contributions to a Hybrid-based Pension Scheme during the year for which the charges are to be made for the Operator’s employees who are temporarily or permanently employed in the Joint Operations.
Examples of Annual Service Cost Hybrid in a sentence
Annual Service Cost Hybrid can be charged to the Joint Account continuously.
The Annual Service Cost Contribution, Annual Service Cost Hybrid and Annual Service Cost Benefit are final settlements for the accrued pension obligations during the period.
Employer’s contribution The Operator can calculate and charge the employer’s contribution to the Joint Account for Annual Service Cost Contribution, Annual Service Cost Benefit and Annual Service Cost Hybrid.
The Operator can calculate and charge the employer’s contribution to the Joint Account for Annual Service Cost Contribution, Annual Service Cost Benefit and Annual Service Cost Hybrid.