Actuarial valuation means a mathematical determination of
Actuarial valuation means the determination, as of a specified date, of the normal cost, actuarial accrued liability, actuarial value of the assets of a pension plan, and other relevant values for the pension plan.
Actuarial valuation means a mathematical determination of the financial condition of a retirement plan. It includes the computation of the present monetary value of benefits payable to present members, and the present monetary value of future employer and employee contributions, giving effect to mortality among active and retired members and also to the rates of disability, retirement, withdrawal from service, salary and interest earned on investments.
Examples of Actuarial valuation in a sentence
Actuarial valuation method was used for reduction of severance pay obligations; for this, the actuarial assumptions.
Collective Balances at June 30,2015 and June 30, 2014 Actuarial valuation date6/30/2015July 1, 20146/30/2014July 1, 2013Deferred Outflows of Resources Note 8: Pension Obligations (continued): A.
More Definitions of Actuarial valuation
Actuarial valuation means the valuation of assets and accrued gratuity liabilities under the Scheme on the basis of appropriate demographic, economic assumptions and regulations and may include estimation of Contribution required for the liability accruing in the year following the Valuation Date by an independent actuary on behalf of the Policyholder and who is not employed by Insurer.
Actuarial valuation means the determination, as of a valuation date, of the normal cost, actuarial accrued liability, actuarial value of assets, and related actuarial present values for the SCRHI Trust Fund or LTDI Trust Fund.
Actuarial valuation means a set of calculations prepared by an actuary retained under section 356.214 if so required under section 3.85, or otherwise, by an approved actuary, to determine the normal cost and the accrued actuarial liabilities of a benefit plan, according to the entry age actuarial cost method and based upon stated assumptions including, but not limited to rates of interest, mortality, salary increase, disability, withdrawal, and retirement and to determine the payment necessary to amortize over a stated period any unfunded accrued actuarial liability disclosed as a result of the actuarial valuation of the benefit plan.
Actuarial valuation means an actuarial valuation of the judicial retirement system or an annual actuarial update of an actuarial valuation, as required pursuant to section 602.9116.
Actuarial valuation means a mathematical determination of the
Actuarial valuation means the de- termination, as of a specified date, of the normal cost, actuarial accrued li- ability, actuarial value of the assets of a pension plan, and other relevant val- ues for the pension plan.
Actuarial valuation means an analysis made of the cash value equivalent to a benefit, calculated by reference to appropriate financial assumptions and assumptions regarding normal life expectancy;