Enrolled Actuary Clause Samples

The 'Enrolled Actuary' clause defines the qualifications and role of an actuary who is officially recognized and authorized to perform actuarial services under applicable laws and regulations. Typically, this clause specifies that only individuals who have met certain professional standards and are enrolled with the appropriate governmental body may certify pension plan valuations or other actuarial reports. For example, in the context of employee benefit plans, an enrolled actuary may be required to sign off on funding calculations submitted to regulatory agencies. The core function of this clause is to ensure that only qualified professionals provide critical actuarial opinions, thereby safeguarding the accuracy and compliance of financial and regulatory submissions.
Enrolled Actuary. ▇▇▇▇▇▇ Associates, or any other enrolled actuary making actuarial or similar determinations with respect to assets or liabilities relating to a particular employee benefit plan selected by New ▇▇▇▇▇▇.
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Enrolled Actuary. The Committee or its authorized delegatee shall engage an enrolled actuary to prepare the actuarial statement described in Section 103(d) of ERISA and to render the opinion described in Section 103(a)(4)
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Enrolled Actuary. 2 1.17 ERISA ................................................................................................ 2 1.18
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Enrolled Actuary. The term “
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Enrolled Actuary. The Trustees shall appoint an Enrolled Actuary to perform the duties of the Enrolled Actuary herein specified and such other duties in connection with the administration of the Plan as may be conferred upon him by the Trustees and are not contrary to the provisions of this Plan. All determinations of equivalent values permitted or required to be made under the Plan or otherwise shall be made only in accordance with the advice of the Enrolled Actuary and the rules, regulations and tables relating thereto shall be applied in a uniform manner and shall become effective only with the Trustees' approval. The Trustees shall have the right at any time to remove the Enrolled Actuary then acting, and to appoint a successor or successors.
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Related to Enrolled Actuary

  • Enrolled Nurse (With Notation) Pay point 4 (a) Pay point 4 refers to the pay point to which an EN has been appointed.

  • Executive Benefit Plans The Executive shall be entitled to participate in all plans or programs sponsored by the Company for employees in general, including without limitation, participation in any group health, medical reimbursement, or life insurance plans.

  • Welfare, Pension and Incentive Benefit Plans During the Employment Period, Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time by the Company for the benefit of its senior executives, other than any annual cash incentive plan.

  • SALARY DETERMINATION FOR EMPLOYEES IN ADULT EDUCATION PCA Article B.3 does not apply in School District No. 34 (Abbotsford).

  • Qualified Plans With respect to each Employee Benefit Plan intended to qualify under Code Section 401(a) or 403(a) (i) the Internal Revenue Service has issued a favorable determination letter, true and correct copies of which have been furnished to Medical Manager, that such plans are qualified and exempt from federal income taxes; (ii) no such determination letter has been revoked nor has revocation been threatened, nor has any amendment or other action or omission occurred with respect to any such plan since the date of its most recent determination letter or application therefor in any respect which would adversely affect its qualification or materially increase its costs; (iii) no such plan has been amended in a manner that would require security to be provided in accordance with Section 401(a)(29) of the Code; (iv) no reportable event (within the meaning of Section 4043 of ERISA) has occurred, other than one for which the 30-day notice requirement has been waived; (v) as of the Effective Date, the present value of all liabilities that would be "benefit liabilities" under Section 4001(a)(16) of ERISA if benefits described in Code Section 411(d)(6)(B) were included will not exceed the then current fair market value of the assets of such plan (determined using the actuarial assumptions used for the most recent actuarial valuation for such plan); (vi) all contributions to, and payments from and with respect to such plans, which may have been required to be made in accordance with such plans and, when applicable, Section 302 of ERISA or Section 412 of the Code, have been timely made; and (vii) all such contributions to the plans, and all payments under the plans (except those to be made from a trust qualified under Section 401(a) of the Code) and all payments with respect to the plans (including, without limitation, PBGC (as defined below) and insurance premiums) for any period ending before the Closing Date that are not yet, but will be, required to be made are properly accrued and reflected on the Current Balance Sheet.