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.
Fully funded status means that the most recent actuarial valuation reflects that the funded status of the
Fully funded status means that the most recent
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 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.
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.