Sentences with phrase «year benefit multiplier»

Not exact matches

If you calculate that additional benefit over a 30 year time period ($ 300 multiplied by 30 years) then waiting would mean $ 90,000 in additional retirement income.

This benefit can be multiplied as a mother breastfeeds one child or several children and logs months and years of lactation.

Professor John Wong, Vice President of Research & Life sciences at NUS, shares his sentiment: «Although it takes a minimum of 6 years to turn out a functional PhD and over 10 years of investment to reap the benefit, there is an enormous multiplier effect towards tremendous rewards.»

Pensions are based on a formula where the benefit equals some multiplier (in California, it's 2 percent) times salary (in California, it's the highest twelve months of salary for workers who have at least twenty - five years of experience) times years of service.

Teacher pension formulas usually include the following variables: years of service, final average salary, and a benefit multiplier determined by individual states and plans.

In the example below, in a state with a 2 percent multiplier, a teacher with 25 years of experience and a final salary of $ 50,000 would earn an annual benefit of $ 25,000.

Under these plans, a teacher's retirement benefit is based on a combination of factors: how many years he or she worked, some percentage (also known as a «multiplier» or «accrual factor,» for instance 2 percent), and a final average salary (FAS).

Perhaps the plug is reducing benefits, increasing age and years - of - service requirements, or decreasing retirement income via lower salary multipliers — all reasonable fixes.

Pension benefits are calculated by multiplying a teacher's average final salary by total years of service by a benefit multiplier.

Benefits are awarded (regardless of productivity) according to a worker's years of service, final average salary, and a benefit multiplier

The multiplier will decrease to 1.75 percent, teachers with 30 years of service may retire at age 60 without a reduction in benefits and those with less than 30 years of service may retire at age 65.

New Jersey's pension plan is commended for utilizing a constant benefit multiplier of 1.66 percent and for basing retirement eligibility on age, rather than years of service.

To qualify as neutral, a pension formula must utilize a constant benefit multiplier and an eligibility timetable based solely on age, rather than years of service.

Hawaii's pension plan is commended for utilizing a constant benefit multiplier of 2 percent; however, teachers may retire before standard retirement age based on years of service without a reduction in benefits.

And I can see the benefits multiplying in the year ahead.

You can choose from different benefit multipliers ranging from 2, 3, 4, and 5 years.

When calculated, the $ 100 daily benefit multiplied by 365 days in a year for 3 years would create a $ 109,500 «pool of money» available for care.

Accelerated benefit can not exceed per diem allowed by the IRS multiplied by the number of days in the calendar year.

Your multiplier on your benefits is the result of not claiming for previous years.

This monthly benefit is usually a percentage of your final salary multiplied by the number of years you've been with the company.

The reduction under (2), above, can be estimated by taking one - fortieth of the estimated Social Security benefit including future CSRS Offset employment (as adjusted for the WEP) and then multiplying by the number of years of future CSRS Offset employment.

Under the modified benefit formula, the first level of earnings is not multiplied by 90 %, but by a smaller percentage, depending on the number of years of substantial Social Security coverage you have.

The unreduced benefit is calculated using a percentage of your average final compensation multiplied by your total years of service credit.

These new bonus multipliers are nice, but quite frankly the real power of the Prestige was the Flight Points, and with that benefit going away, it's unlikely the remaining benefits are enough to justify keeping this card beyond my current membership year.

(1) Despite sections 6 and 7, if a person becomes entitled to receive an income replacement benefit after attaining 65 years of age, the weekly amount of the benefit shall be the amount determined under section 7 multiplied by the factor set out in Column 2 of the Table to this subsection opposite the number of weeks that have elapsed since the person became entitled to receive the benefit.

Here is what you need to know about Income Replacement Benefits (IRB's): • IRB's are calculated at 70 % of your average gross income based on your employment history o Your income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the 4 weeks before the accident multiplied by 13 o Self - employed income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the last fiscal year o If you are receiving other income replacement assistance, such as short term or long term disability benefits, those amounts are deductable from the amount of your IRB eligibility • IRB's are capped at $ 400 per week • The first 7 days of your disability are not covered by IRB's • IRB's are payable for a 104 week (2 year) period, but you may be eligible to continue receiving this benefit past the 2 years indefinitely, if after the 2 year mark you are unable to do any occupation for which you are reasonably suited by way of your education, training and experience • The age 65 marks changes in IRB's o If you are already over the age of 65, IRB's are payable up to 208 weeks and gradually reduced over that period o If you reach the age 65 while already receiving benefits, the IRB is converted to a lifetime pension at a reduced rate based on an establishedBenefits (IRB's): • IRB's are calculated at 70 % of your average gross income based on your employment history o Your income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the 4 weeks before the accident multiplied by 13 o Self - employed income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the last fiscal year o If you are receiving other income replacement assistance, such as short term or long term disability benefits, those amounts are deductable from the amount of your IRB eligibility • IRB's are capped at $ 400 per week • The first 7 days of your disability are not covered by IRB's • IRB's are payable for a 104 week (2 year) period, but you may be eligible to continue receiving this benefit past the 2 years indefinitely, if after the 2 year mark you are unable to do any occupation for which you are reasonably suited by way of your education, training and experience • The age 65 marks changes in IRB's o If you are already over the age of 65, IRB's are payable up to 208 weeks and gradually reduced over that period o If you reach the age 65 while already receiving benefits, the IRB is converted to a lifetime pension at a reduced rate based on an establishedbenefits, those amounts are deductable from the amount of your IRB eligibility • IRB's are capped at $ 400 per week • The first 7 days of your disability are not covered by IRB's • IRB's are payable for a 104 week (2 year) period, but you may be eligible to continue receiving this benefit past the 2 years indefinitely, if after the 2 year mark you are unable to do any occupation for which you are reasonably suited by way of your education, training and experience • The age 65 marks changes in IRB's o If you are already over the age of 65, IRB's are payable up to 208 weeks and gradually reduced over that period o If you reach the age 65 while already receiving benefits, the IRB is converted to a lifetime pension at a reduced rate based on an establishedbenefits, the IRB is converted to a lifetime pension at a reduced rate based on an established formula

$ 15 multiplied (x) by the total number of unique statutory accident benefit claimants in the calendar year before the year in which the application is made.

As it says Optima Restore - The Unbelievable Health Plan has several unbelievable benefits with one such advantage as multiplier benefit, which doubles the sum insured in 2 claim free years!

The multiplier benefit doubles the sum insured in 2 claim free years!

When calculated, the $ 100 daily benefit multiplied by 365 days in a year for 3 years would create a $ 109,500 «pool of money» available for care.

Accelerated benefit can not exceed per diem allowed by the IRS multiplied by the number of days in the calendar year.

This feature allows an individual to reinstate the basic sum insured, in case he has already exhausted the basic sum insured and multiplier benefit during the policy year.

The benefit multiplier, also known as the benefit period, is how many years you can receive your maximum income benefit for.

Apart from this, there is a multiplier benefit in this plan which increases your basic sum insured by 50 % in case of a claim free year.

If you survive the policy term upto the date of maturity, you receive the survival benefit - a lump sum amount multiplied over the years.

The cash value of the policy in Year 10 will be 300 (from the chart) multiplied by $ 250 (thousands in death benefits), or $ 75,000.

When investing your money in a fixed deposit with a 5 - year tenure, you can enjoy tax benefits while multiplying your investments.

The multiplier benefit under this plan doubles the basic sum insured in 2 continuous claim free policy years.

Multiply the number of years by the key man's annual compensation (salary, commissions, benefits, and bonuses).

Then, multiply the number of years by the key person's annual compensation (salary, commissions, benefits and bonuses).