Sentences with phrase «benefits under contracts»

The rider benefits under the contracts of this type usually comprise Accidental Death Benefit, Disability Income Rider, Waiver of Premium and Child Rider allowing you to extend your coverage to your child or children.

«insured» means a person insured by a contract whether named or not and includes every person who is entitled to statutory accident benefits under the contract whether or not described therein as an insured person; («assuré»)

(2) A notice of the reduction of any benefit payable under a contract of insurance or of the increase of the premium rate for any benefit under a contract of insurance shall be delivered to the member by a method which has been approved by the Superintendent.

The majority noted that it is not dishonest to insist that an employee meets a condition precedent in order to gain a benefit under a contract, nor to require that a party perform a contract in accordance with its terms.

It is an offence under the Insurance Act to knowingly make a false or misleading statement or representation to an insurer in connection with the person's entitlement to a benefit under a contract of insurance.

The term «guideline single premium» means the premium at issue with respect to future benefits under the contract.

A contract falls within the cash value corridor of this subsection if the death benefit under the contract at any time is not less than the applicable percentage of the cash surrender value.

A contract meets the cash value accumulation test of this subsection if, by the terms of the contract, the cash surrender value of such contract may not at any time exceed the net single premium which would have to be paid at such time to fund future benefits under the contract.

The claim is a basis for the provider to pay the benefits under the contract.

A life insurance contract can pass the CVAT by having a cash surrender value that will not exceed the net single premium, which will fund future benefits under the contract.

Not exact matches

The DOL disagreed with the assertion that the rule creates a new private right to sue, «arguing that the applicable cause of action is breach of contract, which already exists under state law,» said Erin Sweeney, counsel at Miller & Chevalier, who has also served as senior benefit law specialist at DOL.

The charges include expenses related to facility and lease terminations, employee severance and benefit costs and contract terminations, Under Armour said.

Under the economic benefit regime, the owner of the life insurance contract is treated as transferring economic benefits to the non-owner.

It is a contract that affords certain benefits for legally tying two parties into a partnership, accepting all financial liabilities that partnership affords under State and Federal law.

They also reveal that he works under a two - year contract with ample fringe benefits and bonus clauses.

This is an incredibly difficult question to answer for a variety of reasons, most importantly because over the years our once vaunted «beautiful» style of play has become a shadow of it's former self, only to be replaced by a less than stellar «plug and play» mentality where players play out of position and adjustments / substitutions are rarely forthcoming before the 75th minute... if you look at our current players, very few would make sense in the traditional Wengerian system... at present, we don't have the personnel to move the ball quickly from deep - lying position, efficient one touch midfielders that can make the necessary through balls or the disciplined and pacey forwards to stretch defences into wide positions, without the aid of the backs coming up into the final 3rd, so that we can attack the defensive lanes in the same clinical fashion we did years ago... on this current squad, we have only 1 central defender on staf, Mustafi, who seems to have any prowess in the offensive zone or who can even pass two zones through so that we can advance play quickly out of our own end (I have seen some inklings that suggest Holding might have some offensive qualities but too early to tell)... unfortunately Mustafi has a tendency to get himself in trouble when he gets overly aggressive on the ball... from our backs out wide, we've seen pace from the likes of Bellerin and Gibbs and the spirited albeit offensively stunted play of Monreal, but none of these players possess the skill - set required in the offensive zone for the new Wenger scheme which requires deft touches, timely runs to the baseline and consistent crossing, especially when Giroud was playing and his ratio of scored goals per clear chances was relatively low (better last year though)... obviously I like Bellerin's future prospects, as you can't teach pace, but I do worry that he regressed last season, which was obvious to Wenger because there was no way he would have used Ox as the right side wing - back so often knowing that Barcelona could come calling in the off - season, if he thought otherwise... as for our midfielders, not a single one, minus the more confident Xhaka I watched played for the Swiss national team a couple years ago, who truly makes sense under the traditional Wenger model... Ramsey holds onto the ball too long, gives the ball away cheaply far too often and abandons his defensive responsibilities on a regular basis (doesn't score enough recently to justify): that being said, I've always thought he does possess a little something special, unfortunately he thinks so too... Xhaka is a little too slow to ever boss the midfield and he tends to telegraph his one true strength, his long ball play: although I must admit he did get a bit better during some points in the latter part of last season... it always made me wonder why whenever he played with Coq Wenger always seemed to play Francis in a more advanced role on the pitch... as for Coq, he is way too reckless at the wrong times and has exhibited little offensive prowess yet finds himself in and around the box far too often... let's face it Wenger was ready to throw him in the trash heap when injuries forced him to use Francis and then he had the nerve to act like this was all part of a bigger Wenger constructed plan... he like Ramsey, Xhaka and Elneny don't offer the skills necessary to satisfy the quick transitory nature of our old offensive scheme or the stout defensive mindset needed to protect the defensive zone so that our offensive players can remain aggressive in the final third... on the front end, we have Ozil, a player of immense skill but stunted by his physical demeanor that tends to offend, the fact that he's been played out of position far too many times since arriving and that the players in front of him, minus Sanchez, make little to no sense considering what he has to offer (especially Giroud); just think about the quick counter-attack offence in Real or the space and protection he receives in the German National team's midfield, where teams couldn't afford to focus too heavily on one individual... this player was a passing «specialist» long before he arrived in North London, so only an arrogant or ignorant individual would try to reinvent the wheel and / or not surround such a talent with the necessary components... in regards to Ox, Walcott and Welbeck, although they all possess serious talents I see them in large part as headless chickens who are on the injury table too much, lack the necessary first - touch and / or lack the finishing flair to warrant their inclusion in a regular starting eleven; I would say that, of the 3, Ox showed the most upside once we went to a back 3, but even he became a bit too consumed by his pending contract talks before the season ended and that concerned me a bit... if I had to choose one of those 3 players to stay on it would be Ox due to his potential as a plausible alternative to Bellerin in that wing - back position should we continue to use that formation... in Sanchez, we get one of the most committed skill players we've seen on this squad for some years but that could all change soon, if it hasn't already of course... strangely enough, even he doesn't make sense given the constructs of the original Wenger offensive model because he holds onto the ball too long and he will give the ball up a little too often in the offensive zone... a fact that is largely forgotten due to his infectious energy and the fact that the numbers he has achieved seem to justify the means... finally, and in many ways most crucially, Giroud, there is nothing about this team or the offensive system that Wenger has traditionally employed that would even suggest such a player would make sense as a starter... too slow, too inefficient and way too easily dispossessed... once again, I think he has some special skills and, at times, has showed some world - class qualities but he's lack of mobility is an albatross around the necks of our offence... so when you ask who would be our best starting 11, I don't have a clue because of the 5 or 6 players that truly deserve a place in this side, 1 just arrived, 3 aren't under contract beyond 2018 and the other was just sold to Juve... man, this is theraputic because following this team is like an addiction to heroin without the benefits

Are you going to be happy if Arsene, as he has suggested, re-signs Welbeck, Ramsey, Giroud and Wilshere, even though he tried desperately to sell you on the idea of the benefits of allowing Sanchez, Ozil & Ox to play out their final year under contract?

It is telling he has opted to move to Liverpool for the benefit of his long - term career, despite the huge contract offer from Arsenal, believing his game will develop under Klopp having stalled under Arsene Wenger and uncertainty over his role at Chelsea.

Providing for benefit payments and the performance of contract obligations under no - year or multi-year or other funds remaining available for those purposes;

Providing for benefit payments (i.e., social security and veterans benefits) and the performance of contract obligations under no - year or multi-year or other funds remaining available for those purposes;

With wages in decline compared to inflation, zero - hours contracts, food banks, the benefits cap and the bedroom tax, the unemployed and lowest paid have undoubtedly suffered more than any group under the coalition government.

However, the benefits continued under the terms of the expired contracts.»

It is noted that «the cost of these reimbursements [is] roughly $ 1.7 million... According to the annual reports by the accounting firm O'Connor Davies Munns & Dobbins, Rockland County failed to budget for the prescription co-pay refunds for several years in a row, under the assumption that county officials could eliminate the benefit during contract talks with labor unions.

Under New York State law, union employees continue to receive step (wage) increases and benefits as outlined in the expired contract.

Under the bill (S1411B - A711B), volunteer firefighters who contract certain cancers will receive access to tax free disability and death benefits.

Extended the Power for Jobs program and the «energy cost savings benefit program» through the end of 2007; allows all PfJ participants to elect to begin receiving benefits through the savings reimbursement option, rather than a contract continuation; PfJ participants with contract extensions are eligible for a rebate of any excess costs (PfJ rates compared to rates available through their local utility) incurred after January 1, 2006 under their PfJ contracts (Part U).

NYPA President and CEO Richard M. Kessel said: «Under Governor Paterson's leadership, the Power Authority made it the highest priority to negotiate contract extensions with the Niagara Project's more than 100 business customers to optimize the benefits of the low - cost hydropower for the Niagara Frontier economy.

When the comptroller set the prevailing wage of $ 49.88 an hour in 2015 to cover the years 2008 to 2014, it meant that the carpenters were no longer entitled to the same benefits under their last contract, Mr. Linn argued.

Under the new contract, the teachers also will receive a 25 - to 30 - percent increase in health benefits and the administrators agreed to binding arbitration, said Robert Montfort, director of communications for the Indiana State Teachers Association, an affiliate of the National Education Association.

Reed: The initiative would put language into the California Constitution that does two things: protects the benefits public employees have earned, as they're earned; and, two, allow elected officials around the state — the cities being the most important to me, but the state of California as well — to negotiate changes to bring down the costs of retirement benefits by making changes to benefits that would be earned in the future under future contracts for future years of service.

On average, union teachers may enjoy better salaries and benefits than nonunion teachers, but many individuals make tangible sacrifices under union contracts.

But Judge Geer pressed on, saying that to her, it seemed that teachers under temporary contracts could be non-renewed for arbitrary and capricious reasons, which differs considerably from employment benefits guaranteed to tenured teachers.

Each Florida College System institution may implement an optional retirement program, if such program is established therefor pursuant to s. 1001.64 (20), under which annuity or other contracts providing retirement and death benefits may be purchased by, and on behalf of, eligible employees who participate in the program, in accordance with s. 403 (b) of the Internal Revenue Code.

Benefits are payable under the optional retirement program to program participants or their beneficiaries and paid only by the designated company in accordance with the terms of the contracts applicable to the program participant.

In structure, Minneapolis» first self - governed school would resemble teacher - led programs in the Milwaukee public schools, where the teachers in charge of the new schools retain their union seniority and district benefits like their colleagues but work under a contract that makes them responsible for their schools.

If they retired under that teachers» contract, they know exactly what their benefits were going to be,» Richards says.

I have not checked to see if Vantage or their sister companies have filed (they would presumably file in a federal district for their area in Great Barrington, Mass.) A bankruptcy attorney in that area could better answer your question about those publishing contracts as bankruptcy estate assets that a Trustee would «recall» (or «garner for the bankruptcy estate) under a preference rule and make a part of Vantage's «bankruptcy estate» for the benefit of creditors.

The Guaranteed Transfer Withdrawal Rate is applied to all investment option transfers from the Non-Personal Income Benefit Investment Options to the Personal Income Benefit variable investment options, contributions made in a lump sum (including amounts attributable to contract exchanges and direct transfers from other funding vehicles under the Plan) and rollovers.

Requires the establishment of a system under which the States can voluntarily contract with HHS to supply information derived from official death certificates to facilitate comparison with benefit program records in order to prevent payments from being made to deceased persons.

Generally, if you receive the proceeds under a life insurance contract as a beneficiary due to the death of the insured person, the benefits are not includable in gross income and do not have to be reported; any interest you receive is taxable and you should report it just like any other interest received.

Under the terms of our annuity contracts currently being issued, if the annuity contract is owned by an individual other than the annuitant, no death benefit is payable in the event of the annuitant's death.

Fixed annuities offer a standard death benefit of a lump sum payment or withdrawals under an income option of the full value of the contract at time of death.

The benefits, rights, privileges and options which, under any annuity contract are due or prospectively due the annuitant, who paid the consideration for the annuity contract, shall not be subject to execution.

* Benefits and Services provided for Fifth Third cardholders under contract with Mastercard ®, a third - party provider.

The main benefits of using option B are that this option enables cash value to grow more rapidly over the contract's life and that the IRS allows higher levels of excess premium contributions under option B.

Depending on the direction interest rates move, the MVA may increase or decrease benefits payable under the Contract.

The minimum amount payable under death benefits or maturity guarantees provided for under the terms of the segregate fund contract.

Yet for faulty items this can be overcome either with a gift receipt, or (if the shop doesn't offer one) if the buyer tells the seller they are passing on the rights by «conferring the benefit of the contract» under the Contracts (Rights of Third Parties Act) 1999.

The person or party that will receive any death benefit payments payable under the annuity contract.

The rules about how other debts are enforced, for example overpaid state benefits, criminal fines and amounts owing under contracts such as lease agreements, are not dealt with in this fact sheet.