Sentences with phrase «sum equivalent value»

However, if you leave the job before you reach early retirement age — often 55 — many plans allow you to take out the lump sum equivalent value of your pension.

Not exact matches

The value of the vested Account balance in the Cash Balance Plan is payable to the team member at any time after termination of employment in either a lump sum or an actuarially equivalent monthly annuity as provided under the Cash Balance Plan and as elected by the team member.

Note: Welfare is measured as equivalent variation — the lump - sum payment to households to leave them as well off without the TPP as with it; values are in Canadian dollars (millions) at 2017 prices.

The equivalent lump sum value of a pension at the start date.

Used to convert a pension to an equivalent lump sum for calculating the capital value.

Generally, it is advised that an emergency fund between $ 500 - $ 1000 is established ASAP, and over time the emergency fund should be increased until it has reached a value equivalent to the sum of 8 months» worth of expenses.

The sum total of all shares, theoretically, equals the entire value of the company, and so with N shares in existence, one share is equivalent to 1 / Nth the company, and entitles you to 1 / Nth of the profits of the company, and more importantly to some, gives you a vote in company matters which carries a weight of 1 / Nth of the entire shareholder body.

(A present value is a single number that expresses a flow of current and future payments in terms of an equivalent lump sum paid today; the present value of future cash flows depends on the discount rate that is used to translate them into current dollars.)

The term includes any contract in the form of a bailment or lease if the bailee or lessee contracts to pay as compensation for use a sum substantially equivalent to or in excess of the aggregate value of the property or services involved and it is agreed that the bailee or lessee may become for no other or a nominal consideration the owner of the property upon full compliance with the bailee's or lessee's obligations under the contract.

Will pay an additional lump sum death benefit, the equivalent of 100 % of the face value of the policy, if death occurs by a covered accident.

Assured Benefit: On vesting, you are granted with the Assured Benefit, which is equivalent to 101 % of the sum of all premiums, including Top ups, or the Fund Value, whichever is higher.

On diagnosis of terminal illness, you will get 25 % of the sum assured value (max 1 crore amount) and equivalent amount will be deducted from the actual sum assured value which your family will get in case of your death.

On death before the beginning of risk, an amount equivalent to the policy holder's fund value will be payable, whereas on death after the date of beginning of risk, an amount equivalent to the higher of sum assured or policy holder's fund value to be paid.

If a policyholder having a policy with accident benefit rider option happens to meet with an accident due to which he / she becomes permanently disabled within 180 days of occurrence of the accident then the company shall pay the policyholder equal monthly installment amounts for ten years and the value of all these installment amounts will be equivalent to the accident benefit sum assured amount.

λ1 considers that all of an item variance is error and that only the inter-item covariances reflect true variability; λ2 is a modification of λ1 that considers the square root of the sums of squares of the off diagonal elements; λ3 is equivalent with Cronbach's alpha; λ4 is the greatest split - half reliability; λ5 is a modification of λ1 that replaces the diagonal values with twice the square root of the maximum (across items) of the sums of squared inter-item covariances; λ6 considers the variance of errors (Revelle and Zinbarg 2009, pp. 147 — 149)