Sentences with phrase «of accrued benefits»

One third of the accrued benefits or the maximum allowed under Income Tax Act as amended from time to time, as allowed by the Scheme rules, may be commuted.

Portability — Shifting to the policy from another company is hassle free and due allowances are provided for delay and transfer of most of the accrued benefits.

As for pension benefits, they are relatively well funded, with 85 % of the accrued benefits funded.

In this way, each educator could see how the value of her accrued benefits compares with the value of the contributions.

A partial lump - sum payment whereby a portion of the accrued benefit is paid to the participant and the remaining amount is transferred to an eligible retirement plan, as defined in s. 402 (c)(8)(B) of the Internal Revenue Code, on behalf of the participant; or

Not exact matches

Survivor benefits are determined by the age an individual dies and the amount of Social Security credits they had accrued.

«It's a significant amount of money, but we believe it's more than offset by the benefits that accrue to those same families,» said Prichard.

Given that the economic benefits of the pipelines are, for the most part, due to an induced increase in the price of oil, the lion's share of these accrue to the Alberta government and to firms operating in Alberta.

Interest earnings on the escrowed funds accrue to the benefit of your company.

The benefits of building the pipeline would largely accrue to Alberta.

«E-commerce creates the potential for even the smallest local firm to sell globally and, in so doing, creates an environment in which the benefits of trade can be shared by all Canadian firms, and not accrue to just large multinational firms,» the report says.

The research shows that that the mental benefits of life abroad only accrue to those who neither cling to their home country nor go completely native.

Torstar is investigating a merger of its pension plan assets with a multi-employer plan called CAAT, which would take over the obligation for paying past accrued benefits and future pension benefits of Torstar employees.

Often, the benefits of research, marketing, and training take years to accrue.

Benefits accrue as stocks and bonds eventually move from excesses toward their historically established levels of return.

However, in order to accommodate the certainty of employer contributions required by these plans, regulatory law in all Canadian jurisdictions allows trustees to reduce accrued benefits in order to balance the plans» assets and liabilities.

Sponsors of single employer DB plans are not allowed to reduce accrued benefits except in the context of the bankruptcy of an employer who is sponsoring a plan.

We used to think that the greatest benefits of trade accrued to countries with market dominance in specific industries.

The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.

Participants do not accrue any additional benefits, and distributions from these deferral plans will be made pursuant to the terms of the plans.

A poll of British Columbians taken around the time of the 2011 referendum revealed that most respondents believed the HST to be a growth - enhancing tax structure, but they didn't think the benefits of that growth would accrue to them.

If we can get to and stay at full employment, history shows that the benefits in terms of wage growth will accrue most to those with the least bargaining power.

Tangible economic benefits accrue to an increasingly smaller segment of the population.

«The benefits of this high quality data accrue to the rural focused initiatives deployed by governments, by corporates for their brand of products and services, by non profits who want to understand the needs of their target groups, etc.» he shared while describing the use of such data collection.

Among those aged 55 to 64 with no accrued employer pension benefits, roughly half have savings that represent less than one year's worth of the resources they need to supplement OAS / GIS and CPP / QPP.

And the overall median value of retirement assets of those aged 55 to 64 with no accrued employer pension benefits (representing 47 % of this age cohort), is just over $ 3,000.

Those huge economies of scale allow it to return more value to shareholders, but Wood suggests the benefits have mostly accrued to Lemann, Telles, and Sicupira's bank accounts.

But given the state of the U.S. market and economy, while international diversification may be a sensible idea for most U.S. investors, its benefits are even more likely to accrue in the coming years.

If you were to die before paying back your policy loan, the loan balance plus interest accrued is taken out of the death benefit given to your beneficiaries.

It's not news that the MPs» plan promises rich benefits (although it certainly raises eyebrows that its indexed entitlements accrue at the rate of 3 per cent annually to a maximum of 75 per cent of the best five years of pay and are available after only six years of service).

But think about the benefits to the investment adviser that accrue from this point of view.

Access to the reports are part of the benefits which accrue to the members of our subscriber services, ensuring the maximum impact for sponsors and advertisers.

Indeed, while international diversification is a sensible idea for most U.S. investors, its benefits may be even more likely to accrue in the coming years, given that U.S. stocks are more expensive than their international counterparts and the United States» relative share of the global economy is declining.

But the benefits they accrue (the normal cost) are only worth 7 percent of their salary.

plans, e.g., 401 (k) Plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.

The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and

Lawyer support of marriages could produce large benefits to spouses, children and society at large, but benefits would also accrue to the lawyers themselves.

Nor did they seem to worry about incidental benefits accruing to religious institutions from government measures designed for the benefit of all citizens.

But whatever benefits may have accrued, these efforts have apparently had little impact on the membership and dollar trends, which seem to have a life of their own.

This view is accompanied by the expectation that the benefits of civilization will continue to accrue, as gifts of nature, without any demand on the energies of men for their creation and maintenance.

Finally, the likelihood of accruing unambiguously positive benefits from an active population policy devoted to shaping the demographic composition of society seems extremely low.

In general, the cynical leaders of the backlash» as distinguished from the true believers at the grass roots who really do care about issues like abortion, religion, homosexual marriage, and the rest» are often moderate cultural modernists themselves, but they are perfectly happy to reap the benefits that accrue to them from red - state Americans losing sight of the material issues that ought to dominate their political imaginations.

Of course, the benefits accrue to forestry industries and the costs to the general public.

I do not mean to give the impression that energy - conservation benefits accrue only to groups, or that they consist only in the removal of undesirable factors.

That's where I began thinking that every breakthrough in communications technology involves the loss of some existing skill set, almost as compensation for whatever benefits accrue from the new technology.

The level of risk approaches the unacceptable because there is the very real possibility of irreversible damage to the biosphere itself; further, many of the social costs of such high - risk technologies are postponed to future generations while the benefits accrue to the present generation.

There's nothing in research that shows that children of working mothers are deprived of any benefits that accrue to kids of mothers who stay home.

This is one of the potentially most fruitful areas of cooperation, for the benefits may accrue long after the completion of a consultation project.

Moreover, earnest Christians fought the evils attendant upon the chronic wars between the rival dynasties and sought to check the exploitation of peoples by European conquerors, explorers, merchants, and settlers and make the contacts with Europeans accrue to the benefit of non-Europeans.

Key metrics may include how well the employees are performing and how much cost - savings or other benefits have accrued as a direct result of participation.