Benefit ratio definition

Benefit ratio means a number computed to six decimal places on July 1 of each year obtained by dividing the average of all benefits charged to an employer during the five periods of four consecutive calendar quarters immediately preceding the computation date by the employer’s average annual taxable payroll.

Benefit ratio means the quotient of total benefits charged to an employer's account and paid during the preceding experience period divided by total taxable wages payable by the employer for that experience period excluding any portion of wages for which contributions were not paid as of July 31 of the preceding calendar year;

Benefit ratio means the result determined by dividing an employer’s benefit charges by the employer’s taxable payroll.

Examples of Benefit ratio in a sentence

• The Face Amount under Death Benefit Option 2 is the greater of (a) the Specified Amount plus the Policy's Accumulated Value on the date of death, or (b) the Policy Accumulated Value on the date of death multiplied by the Death Benefit ratio.

• Benefit ratio of Thu Duc Trading and Import Export JSC: 100%.Proportion of voting rights: 100%.

• Cost Benefit ratio was computed by the method adopted by Siddiqui et al.

• Benefits paid under the RUIA for an employee’s days of unemployment or days of sickness are paid from this Account.(b) Benefit ratio.

• The purpose of this requirement is to assess Risk versus Benefit ratio for the research protocol and to understand the balance between any risks that may be imposed upon subjects and benefits from the investigation.

• Tesla may terminate Supplier’s right of access or change the method of access to the Internal Tesla Data at any time.

• The Death Benefit as computed on a given date is the greater of (1) the Specified Amount on that date, and (2) the Account Value on that date multiplied by the applicable Death Benefit ratio.

• Table 3: Benefit ratio and gross replacement ratefor social security pension sector (in %) Source: Ministry of Social Affairs, Ministry of Finance, Statistics Austria (2008).

• Benefit ratio is more inertial, its dynamic is delayed compared to the replacement ratio and volatility is lower because it represents the whole pool of pensions.

• Applications received will be processed within the current Enterprise Ireland approvals structures for the Business Innovation Offer with the same grant aid limits being applied.Assessment Process for the Business Innovation Offer The Value for Money measures of cost per job and Cost Benefit ratio will continue to be relevant.

More Definitions of Benefit ratio

Benefit ratio means the price of the Company's share in the TASE on the record date for the right to participate in the said issuance of rights divided by the base price of the Company's share in the TASE “ex-rights”.

Benefit ratio means the number calculated by dividing the average of all benefits charged to an employer during the twenty‑four calendar quarters immediately preceding the calculation date by the employer’s annual taxable payroll during the same period. If fewer than twenty‑four but more than four calendar quarters of data are available, the data from those available calendar quarters shall be used in the calculation. The benefit ratio must be calculated annually on July first to the sixth decimal place.

Benefit ratio means the quotient of total benefits charged to an employer's account and paid during the preceding experience period divided by total taxable wages payable by the employer for that experience period excluding any