Fully funded status definition

Fully funded status means that the most recent actuarial valuation reflects that the funded status of the system is at least one hundred percent, based upon the benefits provided for judges through the judicial retirement system as of July 1, 2006.
Sample 1Sample 2Sample 3
Fully funded status means that the most recent actuarial valuation reflects that the funded status of the
Sample 1Sample 2
Fully funded status means that the most recent actuarial valuation reflects that, using the projected unit credit method in accordance with generally recognized and accepted actu- arial principles and practices set forth by the American academy of actuaries, the funded sta- tus of the system is at least ninety one hundred percent, based upon the benefits provided for judges through the judicial retirement system as of July 1, 2006.
Sample 1Sample 2

Examples of Fully funded status in a sentence

  • Fully funded status is maintained when this ratio is equal to, or greater than, one.


More Definitions of Fully funded status

Fully funded status means that the most recent
Sample 1Sample 2
Fully funded status means that the most recent actuarial valuation reflects that, us- ing the projected unit credit method in accordance with generally recognized and accepted actuarial principles and practices set forth by the American academy of actuaries, the funded status of the system is at least one hundred ninety percent, based upon the benefits provided for judges through the judicial retirement system as of July 1, 2006.
Sample 1

Related to Fully funded status

  • Available Excluded Contribution Amount means the aggregate amount of Cash or Cash Equivalents or the fair market value of other assets (as determined by the Borrower in good faith, but excluding any Cure Amount) received (or deemed received) by the Borrower or any of its Restricted Subsidiaries after the Closing Date from:

  • Step-Up Date The first Distribution Date following the first Distribution Date on which the aggregate unpaid principal balance of the Mortgage Loans, and properties acquired in respect thereof, remaining in the Trust Fund has been reduced to less than or equal to 10% of the Aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Class A/B Interest Coverage Test means the test which will apply as of any Measurement Date occurring on and after the Determination Date immediately preceding the second Payment Date and which will be satisfied on such Measurement Date if the Class A/B Interest Coverage Ratio is at least equal to 120.0 per cent.