“Act” means the Pension Benefits Act.(Loi)

“benefit improvement” means an escalated adjustment for past periods or an increase in other ancillary benefits allowed under the funding policy.(bonification de la prestation)

“Consumer Price Index” means Consumer Price Index as defined in subsection 8500(1) of the Income Tax Regulations (Canada).(indice des prix à la consommation)

“contribution adjustment” means the amount by which the administrator is authorized to increase or reduce contributions under the funding policy.(rajustement des cotisations)

“defined contribution plan” means a defined contribution plan as defined in section 2 of Regulation 91-195.(régime à cotisation déterminée)

“funding policy liabilities” means the actuarial present value of the past base benefits and past ancillary benefits stated in the plan text, excluding any escalated adjustments that do not form part of the base benefits, determined in accordance with the requirements of subsection 14(7) and the assumptions provided for in the funding policy.(passif de la politique de financement)

“funding policy normal cost” means the normal cost in respect of the base benefits and ancillary benefits stated in the plan text, excluding any escalated adjustments that do not form part of the base benefits, determined in accordance with the requirements of subsection 14(7) and the assumptions provided for in the funding policy.(coût d’exercice de la politique de financement)

“future ancillary benefits” means ancillary benefits for service rendered after the relevant date.(prestations accessoires futures)

“future base benefits” means base benefits for service rendered after the relevant date.(prestations de base futures)

“initial contributions” means the contributions referred to in subsection 9(1).(cotisations initiales)

“open group funded ratio” means the 15 year open group funded ratio calculated under paragraph 14(6)(f).(coefficient de capitalisation du groupe avec entrants)

“past ancillary benefits” means ancillary benefits for service rendered on or before the relevant date.(prestations accessoires antérieures)

“past base benefits” means base benefits for service rendered on or before the relevant date.(prestations de base antérieures)

“permanent benefit change” means a change that is intended to permanently change the formula for the calculation of the base benefits or ancillary benefits after the date of the change, including a change made in accordance with the funding excess utilization plan.(changement permanent de la prestation)

“Regulation 91-195” means New Brunswick Regulation 91-195 under the Act.(Règlement 91-195)

“temporary contributions” means the amount of contributions used to deal with a deficit existing at the relevant date and applied for a fixed period not exceeding 15 years or until a fixed funding goal under the funding policy is reached, whichever occurs first.(cotisations temporaires)

“termination value funded ratio” means the termination value funded ratio calculated under paragraph 14(6)(e).(coefficient de capitalisation de la valeur de terminaison)

“valuation date” means the review date of an actuarial valuation report.(date d’évaluation)

“Act” means the Pension Benefits Act.(Loi)

“benefit improvement” means an escalated adjustment for past periods or an increase in other ancillary benefits allowed under the funding policy.(bonification de la prestation)

“Consumer Price Index” means Consumer Price Index as defined in subsection 8500(1) of the Income Tax Regulations (Canada).(indice des prix à la consommation)

“contribution adjustment” means the amount by which the administrator is authorized to increase or reduce contributions under the funding policy.(rajustement des cotisations)

“funding policy liabilities” means the actuarial present value of the past base benefits and past ancillary benefits stated in the plan text, excluding any escalated adjustments that do not form part of the base benefits, determined in accordance with the requirements of subsection 14(7) and the assumptions provided for in the funding policy.(passif de la politique de financement)

“funding policy normal cost” means the normal cost in respect of the base benefits and ancillary benefits stated in the plan text, excluding any escalated adjustments that do not form part of the base benefits, determined in accordance with the requirements of subsection 14(7) and the assumptions provided for in the funding policy.(coût d’exercice de la politique de financement)

“future ancillary benefits” means ancillary benefits for service rendered after the relevant date.(prestations accessoires futures)

“future base benefits” means base benefits for service rendered after the relevant date.(prestations de base futures)

“initial contributions” means the contributions referred to in subsection 9(1).(cotisations initiales)

“open group funded ratio” means the 15 year open group funded ratio calculated under paragraph 14(6)(f).(coefficient de capitalisation du groupe avec entrants)

“past ancillary benefits” means ancillary benefits for service rendered on or before the relevant date.(prestations accessoires antérieures)

“past base benefits” means base benefits for service rendered on or before the relevant date.(prestations de base antérieures)

“permanent benefit change” means a change that is intended to permanently change the formula for the calculation of the base benefits or ancillary benefits after the date of the change, including a change made in accordance with the funding excess utilization plan.(changement permanent de la prestation)

“Regulation 91-195” means New Brunswick Regulation 91-195 under the Act.(Règlement 91-195)

“temporary contributions” means the amount of contributions used to deal with a deficit existing at the relevant date and applied for a fixed period not exceeding 15 years or until a particular risk management goal under the funding policy is reached, whichever occurs first.(cotisations temporaires)

“termination value funded ratio” means the termination value funded ratio calculated under paragraph 14(6)(e).(coefficient de capitalisation de la valeur de terminaison)

“valuation date” means the review date of an actuarial valuation report.(date d’évaluation)

“Act” means the Pension Benefits Act.(Loi)

“benefit improvement” means an escalated adjustment for past periods or an increase in other ancillary benefits allowed under the funding policy.(bonification de la prestation)

“Consumer Price Index” means Consumer Price Index as defined in subsection 8500(1) of the Income Tax Regulations (Canada).(indice des prix à la consommation)

“contribution adjustment” means the amount by which the administrator is authorized to increase or reduce contributions under the funding policy.(rajustement des cotisations)

“funding policy liabilities” means the actuarial present value of the past base benefits and past ancillary benefits stated in the plan text, excluding any escalated adjustments that do not form part of the base benefits, determined in accordance with the requirements of subsection 14(7) and the assumptions provided for in the funding policy.(passif de la politique de financement)

“funding policy normal cost” means the normal cost in respect of the base benefits and ancillary benefits stated in the plan text, excluding any escalated adjustments that do not form part of the base benefits, determined in accordance with the requirements of subsection 14(7) and the assumptions provided for in the funding policy.(coût d’exercice de la politique de financement)

“future ancillary benefits” means ancillary benefits for service rendered after the relevant date.(prestations accessoires futures)

“future base benefits” means base benefits for service rendered after the relevant date.(prestations de base futures)

“initial contributions” means the contributions referred to in subsection 9(1).(cotisations initiales)

“open group funded ratio” means the 15 year open group funded ratio calculated under paragraph 14(6)(f).(coefficient de capitalisation du groupe avec entrants)

“past ancillary benefits” means ancillary benefits for service rendered on or before the relevant date.(prestations accessoires antérieures)

“past base benefits” means base benefits for service rendered on or before the relevant date.(prestations de base antérieures)

“permanent benefit change” means a change that is intended to permanently change the formula for the calculation of the base benefits or ancillary benefits after the date of the change, including a change made in accordance with the funding excess utilization plan.(changement permanent de la prestation)

“Regulation 91-195” means New Brunswick Regulation 91-195 under the Act.(Règlement 91-195)

“temporary contributions” means the amount of contributions used to deal with a deficit existing at the relevant date and applied for a fixed period not exceeding 15 years or until a particular risk management goal under the funding policy is reached, whichever occurs first.(cotisations temporaires)

“termination value funded ratio” means the termination value funded ratio calculated under paragraph 14(6)(e).(coefficient de capitalisation de la valeur de terminaison)

“valuation date” means the review date of an actuarial valuation report.(date d’évaluation)