Shared Risk Plan definition

Shared Risk Plan means a shared risk plan as defined and described in the Pension Benefits Act.
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Shared Risk Plan means a pension plan having all of the characteristics set out in the Enabling Legislation.
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Examples of Shared Risk Plan in a sentence

  • In addition, the disclosure will set out the purposes and characteristics of a Shared Risk Plan in accordance with the Pension Benefits Act.

  • 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.

  • 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.

  • 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.

  • Each Employee who is a member of the CUPE Hospitals Plan as of the Conversion Date is eligible and shall automatically continue as a Member of the CUPE Shared Risk Plan.

  • Each year COLA shall be added to the Base Benefits in respect of past periods for Members, Pre-Conversion Retirees, Other Pre-Conversion CBE Claimants and Claimants, only if sufficient funds are available in the CBE Shared Risk Plan to provide such COLA as determined by the Board of Trustees in accordance with the Funding Policy.

  • The Base Benefits described in this Article V are the intended Base Benefits under this CUPE Shared Risk Plan.

  • Such description shall include disclosure of the fact that the CUPE Shared Risk Plan is a Shared Risk Plan for the purposes of the Pension Benefits Act.

  • If any provision of the CUPE Shared Risk Plan is held to be invalid or unenforceable by a court of competent jurisdiction, its invalidity or unenforceability shall not affect any other provision of the CUPE Shared Risk Plan and the CUPE Shared Risk Plan shall be construed and enforced as if such provision had not been included therein.

  • For greater certainty, any automatic increases in accrued pensions, deferred pensions, and pension benefits, either by formula or contingent on salary increases, under the CBE Plan no longer apply under the CBE Shared Risk Plan as of the Conversion Date, as permitted under Section 100.52 of the Pension Benefits Act.

Related to Shared Risk Plan

  • high risk breach means that the threshold for notifying the individual is higher than that for notifying the relevant supervisory authority.

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Low risk means normal, uncomplicated prenatal course as determined by adequate prenatal care and prospects for a normal, uncomplicated birth as defined by reasonable and generally accepted criteria of maternal and fetal health.

  • Shared Services means shared order filling or shared order processing, or both.

  • At-risk student means any identified student who needs additional support and who is not meeting or not expected to meet the established goals of the educational program (academic, personal/social, career/vocational). At-risk students include but are not limited to students in the following groups: homeless children and youth, dropouts, returning dropouts, and potential dropouts.

  • Maximum Generation Emergency Alert means an alert issued by the Office of the Interconnection to notify PJM Members, Transmission Owners, resource owners and operators, customers, and regulators that a Maximum Generation Emergency may be declared, for any Operating Day in either, as applicable, the Day-ahead Energy Market or the Real-time Energy Market, for all or any part of such Operating Day. Maximum Run Time:

  • Master Plan means a subcontracting plan that contains all the required elements of an individual contract plan, except goals, and may be incorporated into individual contract plans, provided the master plan has been approved.

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Sustainability Risk means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment;

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.

  • Safety Plan means a written document that has procedures, requirements, or standards related to safety which the pool staff shall follow. The safety plan shall include training and emergency response procedures.