Trust fund balance definition

Trust fund balance means the trust fund balance on deposit with the U.S. treasury in the state’s account as of June 30 that includes only funds that will be used for payments of benefits to claimants.
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Trust fund balance means the amount of money in the unemployment insurance fund, less any unpaid advances made to the state under Section 1201 of the Social Security Act. In determining the amount in the fund as of a given date all money received by the department as of such date shall be considered as being in the fund on such date.
Sample 1
Trust fund balance means the amount of money in the unemployment insurance fund, less any unpaid advances made to the state under Section 1201 of the Social Security
Sample 1

Examples of Trust fund balance in a sentence

  • Benefits, Taxes, Trust fund balance, GSP, Federal loan balance, Interest credited to trust fund are all deflated by the 1982-84 CPI.

  • Approve the Budget Working Group’s recommendations and set a budget and council tax requirement for 2021/22 as set out in Section 10.

  • Through the collection of excess fees and revenue from Plaintiffs and the Class, the Trustee has accumulated a positive Trust fund balance.

  • Opening balance at 1/7/2014$ Total receipts$ Total payments$Closing balance at 30/6/2015$ Total receipts$ Total payments$Closing balance at 30/6/2016$JCV Trust fund balance (a)551,394216,521146,268621,647-60,523561,124 (a) JCV holds trust fund balances that are included in the Treasury Trust Fund.

  • Based on the OPEB Trust fund balance of $3,106,652 as of 6/30/21 the cost for this benefit is $62,951 which is $36 difference from the 2019 Actuarial.

  • Trust fund balance excluding federal advances would be -$30,698,959.

  • Albertson Trust fund balance, which is $317,233 as of June 30, 2019.

  • The Expendable Trust fund balance is $10,331.00 (includes what was underspent last year and previous years).

  • The total of Register of Trust Funds subsidiary account balances did not agree with the Trust fund balance on the Cash Book summary spreadsheet at December 31, 2013.

  • The Public Authority will discontinue/adjust claiming of dental and vision benefits so that the Trust fund balance will be zero upon final close-out of the Trust account.

Related to Trust fund balance

  • Scheduled Balance Not applicable.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Net Pool Balance means, as of any date, the aggregate Outstanding Principal Balance of all Receivables (other than Defaulted Receivables) of the Issuer on such date.