Rule of 90 definition

Rule of 90. Both the “Rule of 90” under TRA and the Extended Leave Of Absence (122A .46) may apply to an individual teacher. If such a teacher’s request for an Extended Leave Of Absence is approved for a period of time that is within the five (5) years before eligibility for retirement under the “Rule of 90,” then the following provisions will apply:
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Examples of Rule of 90 in a sentence

  • Members retiring under Rule of 90 are exempt from the delay to normal retirement.

  • Members retiring under the Rule of 90 are exempt from the delay to normal retirement.

  • For members hired on or after January 1, 2016 the Rule of 85 will be replaced with the Rule of 90 with a minimum age of 60.

  • The changes result in more unreduced (normal) retirements and slightly fewer Rule of 90 and early retirements.

  • For retirements on or after January 1, 2024, the first benefit increase is delayed until the retiree reaches Normal Retirement Age (not applicable to Rule of 90 retirees, disability benefit recipients, or survivors).

  • The changes result in more unreduced (normal) retirements and slightly fewer Rule of 90 and early retirements.• Assumed rates of termination were changed as recommended in the June 30, 2019 experience study.

  • Where the final tax outcome is different from the amounts that were initially recorded, such differences will impact the income tax and deferred tax provisions in the periods in which the final tax outcome is determined.Deferred tax assets relating to certain tax losses will be recognised when management considers it is probable that future taxable profit will be available against which the temporary differences or tax losses can be utilised.

  • For members hired on or after January 1, 2016 the Rule of 85 was be replaced with the Rule of 90 with a minimum age of 60.

  • It also includes full benefits under the Rule of 90 (age plus years of allowable service equals 90).

  • The audit fee is also waived for faculty and staff who have retired from the University under the Oklahoma Teacher Retirement System's "Rule of 80" or "Rule of 90" regardless of age at time of retirement.

Related to Rule of 90

  • Rule 144A means Rule 144A promulgated under the Securities Act.

  • rule making ’ means agency process for formulating, amending, or repealing a rule;

  • Rule 144A Letter As defined in Section 5.02(b).

  • Rule 15c2-12 means Rule 15c2-12 under the Securities Exchange Act of 1934, as amended through the date of this Undertaking, including any official interpretations thereof.

  • Rule means Rule 15c2-12(b)(5) adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as the same may be amended from time to time.

  • Rule 497 refers to Rule 497(c) or 497(h) under the Act, as applicable.

  • Rule 144A Global Note has the meaning assigned to it in Section 2.1(d).

  • SEC Rule means Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934.

  • Rule 144A Notes means all Notes offered and sold to QIBs in reliance on Rule 144A.

  • Rule 3a-7 means Rule 3a-7 under the Investment Company Act.

  • Rule 501 means Rule 501(a)(1), (2), (3) or (7) under the Securities Act.

  • Rule 144A Information means the information specified pursuant to Rule 144A(d)(4) of the Securities Act (or any successor provision thereto).

  • Rule 159A “Rule 405” and “Rule 415” mean, in each case, such rule promulgated under the Securities Act (or any successor provision), as the same shall be amended from time to time.

  • Rule 904 means Rule 904 promulgated under the Securities Act.

  • Rule 144A Global Notes has the meaning set forth in Section 4.2(b)(i) of the Series 2018-1 Supplement.

  • Rule 3a-5 means Rule 3a-5 under the Investment Company Act.

  • Permanent Regulation S Global Note shall have the meaning specified in Section 2.1(d).

  • Regulation S means Regulation S promulgated under the Securities Act.

  • Rule 903 means Rule 903 promulgated under the Securities Act.

  • Rule 173 “Rule 405”, “Rule 415”, “Rule 424”, “Rule 430B” and “Rule 433” refer to such rules under the Act.

  • 1933 Act Regulations means the rules and regulations of the Commission under the 1933 Act.

  • 144A Global Note means a Global Note substantially in the form of Exhibit A hereto bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of, and registered in the name of, the Depositary or its nominee that will be issued in a denomination equal to the outstanding principal amount of the Notes sold in reliance on Rule 144A.

  • Qualified Institutional Buyer means any Person who is a “qualified institutional buyer” within the meaning of such term as set forth in Rule 144A(a)(1) under the Securities Act.

  • Legended Regulation S Global Note means a Global Note in the form of Exhibit A hereto bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee, issued in a denomination equal to the outstanding principal amount at maturity of the Notes initially sold in reliance on Rule 903 of Regulation S.

  • Rule 158 “Rule 163”, “Rule 164”, “Rule 172”, “Rule 405”, “Rule 415”, “Rule 424”, “Rule 430B” and “Rule 433” refer to such rules under the Act.

  • Rule 701 means Rule 701 promulgated under the Securities Act.