Examples of Shared Risk Plan in a sentence
A purchase of previously refunded service under this paragraph (i) in respect of a refund from the Public Service Superannuation Act (New Brunswick) or the Public Service Shared Risk Plan may only apply to post- 1991 service.
The Plan was so revised and converted to the Shared Risk Plan for CUPE Employees of New Brunswick Hospitals (“CUPE Shared Risk Plan”) effective July 1, 2012.
On conversion to a SRPP, the present value of accrued pension benefits was calculated using the actuarial cost method for Funding Policy valuations prepared to meet the requirements of the Pension Benefits Act (New Brunswick) and the Shared Risk Plan Regulation under the Act.
In this CUPE Shared Risk Plan, unless the context clearly indicates otherwise, the following terms shall have the following meanings.
It is also recognized that the Pension Plan structure is a Shared Risk Plan as defined under the PBA and both employee and employer contributions are subject to changes as outlined in the Pension Plan’s Funding Policy (the “Funding Policy”).
The following description of the Shared Risk Plan for CUPE Employees of New Brunswick Hospitals, (the Plan) is a summary only.
The FCNB receives notification on an annual basis of the required contributions from the Board of Trustees of the Public Services Shared Risk Plan, which administrates the Public Service Shared Risk Plan.
The FCNB provides pension benefits to its employees through participation in the Public Service Shared Risk Plan (the “Plan”), which is a shared risk pension plan.
The following description of the Shared Risk Plan for Certain Bargaining Employees of New Brunswick Hospitals (“the Plan”) is a summary only.
The previous multi-employer defined benefit pension plan has since changed to a shared risk plan, Public Service Shared Risk Plan (PSSRP).