Actuarial assumptions and methods Sample Clauses

Actuarial assumptions and methods. For purposes of this paragraph (b)(2)(ii), at any given time the same actuarial assumptions and methods must be used in valuing each annuity payment option, in determining wheth- er the payments are actuarially equiv- alent and such assumptions must be reasonable. This requirement applies over the entire term of the service pro- vider’s participation in the plan, such that the annuity payment must be ac- tuarially equivalent at all times for the annuity payment options to be treated as one time and form of pay- ment. There is no requirement that the same actuarial methods and assump- tions be used over the term of a service provider’s participation in a plan. Ac- cordingly, a plan may change the actu- arial assumptions and methods used to determine the life annuity payments provided that all of the actuarial as- sumptions and methods are reasonable.
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