Annuity reserve definition

Annuity reserve means the present value, computed upon the basis of the mortality and other tables adopted by the board, of all payments to be made on account of any annuity, or benefit in lieu of any annuity, granted to a retirant as provided in this chapter.
Annuity reserve means the present value of all
Annuity reserve means the present value, computed upon the basis of mortality and other tables adopted by the retirement board, of all payments to be made on account of an annuity, or benefits in lieu of an annuity, granted to a member under this act.

Examples of Annuity reserve in a sentence

  • As of the Petition Date, approximately $1,452,748.00 was held in the Annuity reserve.

  • Annuity reserve" means the present value, computed upon the basis of the mortality and other tables adopted by the board, of all payments to be made on account of any annuity, or benefit in lieu of any annuity, granted to a retirant as provided in this chapter.

  • Because of the large energy gap between Yb3+ ground and metastable multiplets non-radiative de-excitation processes such as multi-phonon relaxation are unlikely in Yb3+ [15].

  • Annuity reserve funds are calculated, segregated, and invested in accordance with state laws.

  • This is the only form of planned giving under which the Foundation is committed to continue financial returns to the beneficiaries from its own assets, if necessary, in the event that income to the Charitable Gift Annuity reserve fund should be insufficient and the fund itself ultimately becomes exhausted.


More Definitions of Annuity reserve

Annuity reserve means the present value of all payments to be made on account of an annuity, or benefit in lieu of an annuity, granted under the provisions of this chapter, upon the basis of such mortality tables as shall be adopted by the respective boards of trustees, and regular interest.
Annuity reserve means the present value of all payments to be made on account of any annuity or benefit in lieu of an annuity, granted under the provisions of this act, computed on the basis of such mortality tables recommended by the actuary as the board of trustees adopts, with regular interest.
Annuity reserve. The assets which support the Annuity Option you have selected during the Annuity Period.
Annuity reserve means the present value of all payments to be made on account of any annuity or benefit in lieu of any annuity computed at regular interest upon the basis of such mortality tables as shall be adopted by the Board of Trustees.
Annuity reserve means the present value, computed upon the basis of mortality tables adopted by the school employees retirement board, of all payments to be made on account of any annuity, or benefit in lieu of any annuity, granted to a retirant.
Annuity reserve means the present value of all payments to be made on account
Annuity reserve means the present value of all payments to be made to a retirant or