Sentences with phrase «defined dollar benefits»
Unlike major medical plans like those found on Affordable Care Act (Obamacare) exchanges or short - term health insurance, these health benefits plans offer defined dollar benefits that are paid without the enrollee first meeting a deductible or other out of pocket condition.
https://www.agilehealthinsurance.com/ Not exact matches
Both of our jobs currently have defined benefit pension plans in place, both of which we are vested in — I don't put a dollar figure on those but figure those will provide 3k to 4k in retirement income when we retire, depending upon when we retire and then when we choose to draw it.
«From his staunch defense of the defined benefit pension system to his efforts to safeguard their hard - earned tax dollars, no one does more to protect working people than Comptroller DiNapoli.
Most public school teachers participate in defined benefit (DB) pension plans, which because of different accounting rules contribute significantly less today for each dollar of future retirement benefits than private - sector DB pensions or defined contribution (DC) pension plans.
The social benefits of the ECO-C Intervention are harder to define in dollar terms, but they are the benefits associated with increased income and sociodemographic mobility for high - achieving students from low - income families.
Hundreds of teachers sit in so - called rubber rooms in New York City, playing cards, video games, whatever, collecting their salaries, maintaining their healthcare benefits and adding dollars to their defined benefit pensions.
Even big, supposedly safe Canadian stalwarts now have defined benefit pension shortfalls not in the millions, but in the billions of dollars.
Dated date Day orders Dealer Debentures Debit balance Debit spread Declared date Defeasance Defensive issue Defined benefit plan Defined contribution plan Deflation Delivery versus payment Demand note De minimus transactions Depository Trust Company (DTC) Depository trust receipt Depreciation Derivative security Depression Designated order Designated reporting member Developmental drilling Diagonal spread Dilution Direct Participation Program Discount Discount rate Discretionary account Discretionary income Discretionary orders Discretionary power Disintermediation Disproportionate sharing agreement District executive representative Diversification Diversified investment management company Dividend Dividend Re-Investment Plan (DRIP) Dollar bond Dollar - cost averaging Don't know procedures DOT System Double - exempt bonds Dow Jones Composite Average Dow Jones Industrial Average Due bill Due - bill check Due - diligence meeting DVP
This would include Seth's defined benefit pension plan (likely worth $ 40,000 per year in retirement in today's dollars), CPP of $ 16,000 and OAS of $ 13,200.
Continuing under the assumption that you have a defined benefit pension plan that will pay you $ 50,000 per year until you pass away I would say that your pension plan is more similar to a life annuity rather than a GIC since a GIC comes to term whereas an annuity pays until death, but if you are trying to put a value on the holding of your pension plan I would say that yes, it is fair to count it as a million dollar GIC at 5 %.
The dollar amount used to determine excess employee compensation with respect to a single - employer defined benefit pension plan for which the special election has been made is $ 1,115,000.
If the defined benefit is a stipulated dollar amount rather than a set percentage, the alternate payee will want to include a provision that defines the allocation procedures to use if plan assets fall short of the stipulated dollar amount.
Pension splitting can generate many thousands of dollars in additional after - tax income for retired couples, particularly if — as is often the case — one of them enjoys a generous defined benefit (DB) pension and the other does not.
The High Deductible Health Plan is defined as «a health plan which has an annual deductible which is not less than $ 1,000 for self - only coverage, and twice the dollar amount ($ 2,000) for family coverage, and the sum of the annual deductible and the other annual out - of - pocket expenses required to be paid under the plan (other than for premiums) for covered benefits does not exceed $ 5,000 for self - only coverage, and twice the dollar amount ($ 10,000) for family coverage.»
Define K (x)-LCB- \ displaystyle K (x)-RCB- to be the future state lifetime random variable of a person aged x. Then, for a death benefit of one dollar and premium P -LCB- \ displaystyle P -RCB-, the loss random variable, L -LCB- \ displaystyle L -RCB-, can be written in actuarial notation as a function of K (x)-LCB- \ displaystyle K (x)-RCB-
The charge per dollar at risk to the insurance company (this is defined as the death benefit that would be paid on a claim, minus the current cash value) unequivocally will rise over time.