Life Expectancy Age definition

Life Expectancy Age means the age determined by adding to the Executive’s age at death the standard life expectancy based upon mortality tables utilized by the Savings Bank Employees Retirement Association to calculate pension benefits of a healthy male of the Executive’s age at death, determined as of the date of the Executive’s death.
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Examples of Life Expectancy Age in a sentence

  • Average Life Expectancy, Age, Males and Females, Alaska and U.S., 10-year increments (1970-2040)‌ Alaska United StatesYearsMaleSource: ADOLWD.

  • Mortality Rates & Life Expectancy Age Males Females 200120312061200120312061 Net migration (in minus out) assumed to be 0.12% of the total population and 45% male, by10-year age groups for sample years are provided in Table 17.

  • As shown in the illustration, the risk pooling benefit of a lifetime annuity provides superior income security throughout retirement: 9000Comparison of Lifetime Annuity Incomeand Periodic Sales of Mutual Fund Shares over Life Expectancy Age Lifetime Annuity Withdrawals over Life Expectancy8000 7000 6000 Annual Income5000 4000 3000 2000 1000 0 Source: Jeffrey R.

  • Average Life Expectancy, Age, Males and Females, Alaska and U.S., 10-year increments (1970-2040)...........................................................................................................................................................................................................29Table 14.

  • Structural Equation Modeling for Japanese male in 2010 Stress Factor Lifestyle Habit Factor Drinking Habit Smoking Habit Number of Steps Life Expectancy (Age 65) Salt Intake Vegetable Intake Life Expectancy (Age 20) Number of Suicides Life Expectancy (Age 0) Unemployment Rate Divorce Rate Table 3.

  • Which long-term interest rate makes more sense?) Summary 2: With Average Life Expectancy, Age 66 with inflation S.

  • Age Factor: Age Factor is formulized as Age Factor = Age / Life Expectancy Age is the current date minus the date that the equipment is put into service.

Related to Life Expectancy Age

  • Life expectancy means life expectancy as computed by use of the Single Life Table in Section 1.401(a)(9)-9 of the Treasury regulations.

  • Annuitant means a person who receives a retirement allowance or a disability allowance;

  • Joint Annuitant means the individual specified as such in the Data Pages. The Joint Annuitant must be the spouse of the Annuitant on the Contract Date.

  • Annuity Starting Date means, with respect to any Participant, the first day of the first period for which an amount is paid as an annuity, or, in the case of a benefit not payable in the form of an annuity, the first day on which all events have occurred which entitles the Participant to such benefit.

  • ANNUITY DATE The date on which Annuity Payments begin. The Annuity Date is shown on the Contract Schedule. ANNUITY OPTIONS: Options available for Annuity Payments.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Annuity Unit An accounting unit of measure used to calculate the amount of Annuity Payments.

  • Actuarial equivalent means a benefit of equal value when

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Distribution Calendar Year means a calendar year for which a minimum distribution is required. The first Distribution Calendar Year is the calendar year immediately preceding the calendar year that contains the Participant’s Required Beginning Date and the last Distribution Calendar Year is the calendar year that contains the Participant’s date of death. The required minimum distribution for the Participant’s first Distribution Calendar Year shall be made on or before the Participant’s Required Beginning Date. The required minimum distribution for other Distribution Calendar Years, including the required minimum distribution for the Distribution Calendar Year in which the Participant’s Required Beginning Date occurs, shall be made on or before December 31 of that Distribution Calendar Year.

  • Single Life Annuity means a Participant’s Grandfathered Benefit and/or 409A Benefit, as applicable, payable as an annuity in equal monthly installments over the life of the Participant, commencing as of the Payment Date and terminating in the month in which the Participant dies, with no further payments thereafter.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Starting Date means the date referred to in Clause 3.3 hereof;

  • Retirement Age means the earlier to occur of:

  • Actuarially Equivalent or "of equal actuarial value" means a benefit of equal value

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Eligible Children means named dependent children including adopted and step children of the Insured Person between Ages three (3) years and eighteen (18) years or upto twenty three (23) years if attending as a full time student with an accredited Institution of Higher Learning, who are unmarried, and receive the majority of maintenance and support from the Insured Person.

  • Normal Retirement Benefit means an annual benefit payment in the amount of Sixty-Six Thousand Three Hundred and Seventy-Three Dollars ($66,373.00) for a period of fifteen (15) years.