Enrolled actuary definition

Enrolled actuary means an actuary who is enrolled

Enrolled actuary means an actuary who is enrolled under Subtitle C of Title III of the Employee Retirement Income Security Act of 1974 and who is a member of the Society of Actuaries or the American Academy of Actuaries.

Enrolled actuary means the person enrolled by the Joint Board for the Enrollment of Actuaries established under subtitle C of title III of ERISA who has been engaged by the Administrator on behalf of all Participants to make and render all necessary actuarial determinations, statements, opinions, assumptions, reports and valuations under the Plan as required by law or requested by the Administrator.

Examples of Enrolled actuary in a sentence

• Each Participating Agency shall be responsible to contribute funding to the Plan and to adhere to the underwriting requirements, as from time to time are established by the Trustees relying in good faith upon the recommendations of a qualified consultant or Enrolled Actuary.

• Meriter shall contribute to the Plan such funds as determined by the Plan’s Enrolled Actuary to maintain the Plan at an Adjusted Funded Target Attainment Percentage (AFTAP) (as defined in IRC § 436) of at least 80%, such that neither any lump sum distributions or the required amendment under Section V.10 is restricted in any manner due to the impact of an AFTAP being below 80%.

• Other professional credentials include Membership in the American Academy of Actuaries (1980), Associateship in the Casualty Actuarial Society (1993), and status as an Enrolled Actuary since 1979.

• All actuarial services shall be performed under the direct supervision of an employee of ACTUARY who is an Enrolled Actuary holding the FSA designation and otherwise meets or exceeds industry standards as a supervising actuary (herein “Supervising Actuary”).

• A statement setting forth the actuarial liabilities and contribution requirements for a defined benefit pension plan using a set of actuarial assumptions, demographic data and assets; all determined as of a specific date, certified by an Enrolled Actuary.

More Definitions of Enrolled actuary

Enrolled actuary means an indi- vidual who has satisfied the standards and qualifications as set forth in this part and who has been approved by the Joint Board for the Enrollment of Ac- tuaries (the Joint Board), or its des- ignee, to perform actuarial services re- quired under ERISA or regulations thereunder.

Enrolled actuary means an actuary who is enrolled 819 under Subtitle C of Title III of the Employee Retirement Income 820 Security Act of 1974 and who is a member of the Society of

Enrolled actuary means an actuary who is enrolled under the

Enrolled actuary means an indi- vidual who has satisfied the standards and qualifications as set forth in this part and who has been approved by the Joint Board (or its designee) to per- form actuarial services required under ERISA or regulations thereunder.

Enrolled actuary means the enrolled actuary that is providing regular and ongoing actuarial services in connection with a particular Continental Plan at the time actuarial services are needed pursuant to this Employee Benefits Separation Agreement with respect to such plan or a corresponding Holdings Plan; provided, however, that if there is no such actuary, the enrolled actuary shall mean Hewitt Associates.

Enrolled actuary means an actuary who is 720 enrolled under Subtitle C of Title III of the Employee

Enrolled actuary means a person enrolled by the Joint Board for the Enrollment of Actuaries under ERISA who has been engaged by the Administrator to prepare valuations, establish appropriate assumptions, and complete all required actuarial reports.