Allocation Formula definition
Examples of Allocation Formula in a sentence
Eligible adjunct faculty who elect to add their spouse or domestic partner, and/or other dependents, to their coverage during the open enrollment period will have this additional cost paid out of the Resource Allocation Formula.
Integrated Allocation Formula [See paragraphs (h) and (i)] The Employer shall have the right to make an additional discretionary contribution.
The Employer’s contribution shall be allocated as an amount taking into consideration amounts contributed to Social Security using the four-step Excess Integrated Allocation Formula as described in the Basic Plan Document #01; the Integration Level is defined at Section III(E) of this Adoption Agreement.
Funding will be provided from an AFT established allocation derived from its share of the Resource Allocation Formula.
The above contribution levels for medical, dental, and vision insurance may be increased as a result of the application of the Resource Allocation Formula.