Examples of Plan retirement benefit in a sentence
In this regard, the rights of each Participant, Contingent Annuitant and Beneficiary under the Preservation Plan with respect to his or her Preservation Plan retirement benefit or survivor benefit shall be those of a general unsecured creditor of the Corporation.
Condition Level: Type 1 Regulated Activity CE Name: CHAN Bertrand Kerwin CE No.: AUY365 Licence Type: Licensed Representative - Responsible Officer Condition Removed: For Type 1 regulated activity, the licensee shall only engage in market making activities on behalf of Bluefin HK Limited.
If a Participant elects to have his or her Replacement Plan benefit paid in the form of a single lump-sum or annual installment distribution, the Actuarially Equivalent present value of the Replacement Plan retirement benefit or survivor benefit shall be determined using the 1983 Group Annuity Mortality Table and an interest assumption equal to the average yield for tax-free municipal bonds of 10-year maturities, averaged over the prior 5 calendar years.
If a Participant elects to have his or her Preservation Plan benefit paid in the form of a single lump-sum or annual installment distribution, the Actuarially Equivalent present value of the Preservation Plan retirement benefit or survivor benefit shall be determined using the 1983 Group Annuity Mortality Table and an interest assumption equal to the average yield for tax-free municipal bonds of 10-year maturities, averaged over the prior 5 calendar years.
The lifetime supplement will be calculated as if you had attained age 65 on the date of your death, but using your current unreduced accrued basic pension and your related credited service, the full unreduced Canada Pension Plan retirement benefit and the normal retirement minimum pension all determined as of your actual date of death.
The normal Plan retirement benefit provides monthly payments for the life of the participant equal to 2.5% of the participant's final average compensation multiplied by the participant's months and years of credited service.
The earnings before interest, depreciation and tax (EBIDTA) at `342 crore was higher than `302 crore achieved in previous year inspite of higher salaries and wages, repairs & maintenance, etc.
The lifetime supplement will be calculated as if the member had attained age 65 on his date of death, but using his current unreduced accrued pension and his related credited service, the full unreduced Canada Pension Plan retirement benefit and the normal retirement minimum pension all determined as of the member's actual date of death.
The lifetime supplement will be calculated as if you had attained age on the date of your death, but using your current unreduced accrued basic pension and your related credited service, the full unreduced Canada Pension Plan retirement benefit and the normal retirement minimum pension all determined as of your actual date of death.
Employees hired after March 21, 2017 Effective March 21, 2017, all full-time employees hired after this date will receive a Defined Contribution Plan retirement benefit provided by the Municipal Employees Retirement System (MERS) with an Employer contribution rate of 7% of wages.