Pension Index definition

Pension Index means, for the purpose of the highest average salary, in any one year, the average of the consumer price index over a 12 month period ending on December 31 in that year;

Pension Index has the meaning set out in Section 5.08;

Pension Index means the annual percentage increase of the Consumer Price Index, as determined by Statistics Canada, during the period of November 1 to October 31 immediately preceding the date of the pension increase;

Examples of Pension Index in a sentence

• In establishing the discount rate for our domestic plans, we match the hypothetical duration of our plans, using a weighted average duration that is based upon projected cash payments, to a simulated bond portfolio (Citigroup Pension Index Curve).

• If, for a year, the application of the rule in sub-paragraph (4) would result in the Pension Index for the year being less than the Jersey Index of Earnings for the year, the standard rate shall instead be increased by the percentage required to increase the Pension Index for the year so as to equal the Jersey Index of Earnings for the year.

• There will be no interest paid on the Pension Index adjustment component of any payment.

• The Pension Index for a given year is calculated as the average for the twelve (12) month period ending October 31 in the preceding year of the CPI for each month in that twelve (12) month period.

• According to the latest released Mercer CFA Global Pension Index Survey (MCGPI) 2021, the Indian pension system has been ranked among 43 systems, while has topped the index.

• Since 1 March 2011, rates for home and private care allowance have been adjusted annually by index (100% prices, National Pension Index).

• The percentage adjustment for a given year shall be determined as follows: Calculate the percentage increase in the Pension Index of the current year over the Pension Index of the immediate preceding year subject to a maximum increase to eight percent and Multiply the percentage increase obtained in above by fifty percent (50%).

• Melbourne Mercer Global Pension Index 2014 Report op cit note 44 at 7 and 26.

• The basic amounts are generally uprated according to changes in prices (National Pension Index).

• For greater certainty, the payment shall be limited to $200 (2014 dollars) multiplied by the ratio that the Pension Index for the year bears to the Pension Index for 2014 per occasion irrespective of whether more than one Family Member is in attendance and irrespective of whether the attendance requires more than one day.

More Definitions of Pension Index

Pension Index means the Consumer Price Index for the six State capitals published by the Australian Commonwealth Statistician or any other published or calculated index which the Trustee on the advice of the Actuary in consultation with the Principal Company determines as being an index which reasonably reflects changes in the costs of living of pensioners.

Pension Index means RPI plus 1.5%;

Pension Index. Means RPI plus [1.5%] Relevant Employees means the employees who are the subject of a Relevant Transfer;

Pension Index for any year means the Consumer Price Index for Canada, as published by Statistics Canada under the authority of the Statistics Act, for the month ending 30 June in that year, except that for any year in which that index is less than the corresponding Pension Index for the preceding year, the Pension Index shall be taken to be the Pension Index for the preceding year. Furthermore, where at any time the Consumer Price Index is adjusted to reflect a new time basis or a new content basis with a resulting percentage adjustment being made in the figures for that index, a corresponding percentage adjustment shall be made in all values then existing of the Pension Index.

Pension Index means the average of the Consumer Price Index for all items for Canada published by Statistics Canada for each month of the preceding twelve months ending with April of the preceding Indexing Period;

Pension Index means, for any one year, the average of the consumer price index over a 12 month period ending on December 31 in that year; "pensionable age" means 5 years less than maximum retirement age;