Common use of Supplementation Clause in Contracts

Supplementation. Corrected-Funding-Ratio: is equal to the Policy Funding Ratio on the Reference Date, after settlement of the granted supplements as of 1 January of the next calendar year. The Supplementation-Corrected-Funding-Ratio is calculated as the relationship between: • the Technical Provisions at the Reference Date multiplied by the Policy Funding Ratio and • the Technical Provisions on the Reference Date multiplied by the granted supplementation on 1 January of the next calendar year;