Projected Service definition

Projected Service means the total number of years a participant could have been eligible to earn a pension benefit if he/she participated in the plan until age 65.
Sample 1Sample 2Sample 3
Projected Service means the sum of credited service plus the credited service that would have been earned for the school years during which a disability allowance was payable if the member had performed creditable service during that time.
Sample 1Sample 2Sample 3
Projected Service means the service to be provided to meet the forecast passenger demand for the Year 2041.
Sample 1

Examples of Projected Service in a sentence

  • Projected Service overspends will impact on the Council’s ability to fulfil its policy objectives.

  • This formula is similar to the formula described above under the Retirement Plan except that part C of the formula is calculated as follows:1-2/3% of an estimated primary Social Security amount multiplied by Projected Service up to 30 yearsPEP retirement distributions are always paid in the form of a lump sum.

  • It is calculated by dividing the total Actuarial Present Value of Projected Benefits at entry age by the Actuarial Present Value of Projected Service at entry age.

  • Projected Service is the service that the participant would have earned if he had remained employed with the Company until his Normal Retirement Age (generally age 65).If a participant leaves employment after becoming eligible for Early or Normal Retirement, benefits are calculated using the formula above except that actual service attained at the participant's retirement date is used in place of Projected Service.

  • The Committee noted that DE 45 had prepared modifications to the proposed amendments to SOLAS regulation II-1/12-2, set out in annex 6 to the report of DE 45 (DE 45/27).

  • Attachment I: CAPP Projected Service Delivery & Budget Form Printed document is fourteen (14) pages; print Budget worksheet tab (landscape - pages 8, 9 and 10 are on legal size (8.5 x 14) paper) In addition to printed document, Budget must also be provided on separate CD or USB flash drive.

  • INFRASTRUCTURE NEEDS ANALYSIS‌ Projected Service Units‌ ARS 9-463.05(E)(5) requires the total number of service units necessitated by and attributable to new development.

  • Analysis undertaken by 3BM has identified the following: Comparative Projected Service Life uPVC 25-35 years High Performance timber years 56-65 years As such, although uPVC has the lowest initial capital cost, high performance timber frames have the lowest lifetime cost for urban/suburban property locations.

  • Projected Service is the service that the participant would have earned if he had remained employed with the Company until his Normal Retirement Age (generally age 65).If a participant leaves employment after becoming eligible for Early or Normal Retirement, benefits are calculated using the formula above except that actual service attained at the participant’s retirement date is used in place of Projected Service.

  • This formula is similar to the formula described above under the Retirement Plan except that part C of the formula is calculated as follows: 1-2/3% of an estimated primary Social Security amount multiplied by Projected Service up to 30 years PEP retirement distributions are always paid in the form of a lump sum.


More Definitions of Projected Service

Projected Service means the sum of credited service plus the credited service that would have been earned for the school years during which a disability allowance was payable if the member had performed creditable service during that time. (b) Projected service for a school year shall be determined on the basis of the highest credited service earned by the member during any one of the three school years immediately preceding the member’s death or the date the disability allowance began to accrue. (c) Projected service shall not include credited service for which contributions have been credited to the Defined Benefit Supplement Program.
Sample 1
Projected Service means the period of Service a Participant would have completed if such Participant had remained a Participant in the Plan until his or her 62nd birthday.
Sample 1

Related to Projected Service

  • scheduled service means the City Representative has notified the Contractor to perform services ten (10) working days prior to commencement of work by Contractor.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Testing service means a national testing service selected by the board.

  • Licensed Service means performance of a service for any consideration using a Licensed Product, or the practice of a Licensed Process. For clarity, research and development of Licensed Products by Licensee, its Affiliates, or a Sublicensee does not constitute a Licensed Service.

  • Affected System means an electric system other than the Transmission Provider’s Transmission System that may be affected by a proposed interconnection or on which a proposed interconnection or addition of facilities or upgrades may require modifications or upgrades to the Transmission System. Affiliate: