Sentences with phrase «sole benefit of its members»

Mutual insurance companies operate for the sole benefit of its members, that is, its policyowners.

Not exact matches

If approved, the health taxes in the Deficit Reduction Plan and Executive Budget will drive up the cost of health insurance for all Business Council member employers that purchase health coverage — from sole proprietors and small businesses to the largest self - insured companies — yet will provide no additional covered benefits or have any effect on addressing the rising cost of health care.

- Administering the New York State and Local Retirement System for public employees, with more than one million members, retirees and beneficiaries and more than 3,000 employers; - Acting as sole trustee of the $ 129 billion Common Retirement Fund, one of the largest institutional investors in the world; - Maintaining the State's accounting system and administering the State's $ 12.6 billion payroll; - Issuing reports on State finances; - Managing the State's assets and issuing debt; - Reviewing State contracts and payments before they are issued; - Conducting audits of State agencies and public benefit corporations; - Overseeing the fiscal affairs of local governments, including New York City; - Overseeing the Justice Court Fund and the Oil Spill Fund Acting as custodian of more than $ 9 billion in abandoned property and restoring unclaimed funds to their rightful owners;

Your fund needs to be maintained for the sole purpose of providing death or retirement benefits to your members or their dependants.

A super fund is a special type of trust, set up and maintained for the sole purpose of providing retirement benefits to its members (the beneficiaries).

«Benefits» means the benefits awarded by the Company to a Jurys Rewards member based on the members tier level and such benefits can be altered by the Company if it, in its sole opinion, believes that any of the benefits should cease or be mBenefits» means the benefits awarded by the Company to a Jurys Rewards member based on the members tier level and such benefits can be altered by the Company if it, in its sole opinion, believes that any of the benefits should cease or be mbenefits awarded by the Company to a Jurys Rewards member based on the members tier level and such benefits can be altered by the Company if it, in its sole opinion, believes that any of the benefits should cease or be mbenefits can be altered by the Company if it, in its sole opinion, believes that any of the benefits should cease or be mbenefits should cease or be modified.

Emirates Business Rewards reserves the right to disqualify a Member from further participation in the Emirates Business Rewards programme, to cancel all previously accumulated Business Rewards Points and to seek compensation for the utilisation of products and / or services purchased with Points if, in Emirates» sole judgement, the Programme Administrator (s), Traveller (s) or any other person (s) using a product and / or service purchased with Points, has engaged in wilful misconduct or breached any of the rules governing the Emirates Business Rewards programme, including, but not limited to the fraudulent acquisition, sale or abuse of Points or acquisition, sale or abuse of redemption benefits.

Abuse of the Michaels Rewards program, including failure to follow program policies and procedures, the sale or barter of reward discounts, product, benefits or promotional offers and any misrepresentation of fact relating thereto or other improper conduct as determined by Michaels Stores, Inc. in its sole judgment, may result in cancellation of the member's account and future disqualification from program participation, forfeiture of all benefits and cancellation of previously issued but unused reward discounts.

Of the states that accredit in - house courses — courses held in law firms, for example — some are subject to a slew of restrictions including: activity must be open and advertised to outsiders, all or some of the faculty must be from outside the firm, a minimum number of attorneys must be in attendance, and the activity must not be for the sole or principal benefit for members of the firOf the states that accredit in - house courses — courses held in law firms, for example — some are subject to a slew of restrictions including: activity must be open and advertised to outsiders, all or some of the faculty must be from outside the firm, a minimum number of attorneys must be in attendance, and the activity must not be for the sole or principal benefit for members of the firof restrictions including: activity must be open and advertised to outsiders, all or some of the faculty must be from outside the firm, a minimum number of attorneys must be in attendance, and the activity must not be for the sole or principal benefit for members of the firof the faculty must be from outside the firm, a minimum number of attorneys must be in attendance, and the activity must not be for the sole or principal benefit for members of the firof attorneys must be in attendance, and the activity must not be for the sole or principal benefit for members of the firof the firm.