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ACTUARIAL VALUATIONÉvaluation actuarielle
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ACTUARIAL VALUATIONIn a pension or a benefit plan trust, this is the total amount needed to meet promised benefits. This set of mathematical procedures typically calculates the value of benefits to be paid, the funds av [..]
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ACTUARIAL VALUATIONCommonly refers to an investigation by an actuary into the ability of a defined benefit scheme to meet its liabilities. This is usually to assess the funding level and recommend a contribution rate. S [..]
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ACTUARIAL VALUATIONAn analysis of the financial condition of a pension plan that calculates the liabilities of the plan and the costs of providing plan benefits. An actuary prepares the valuation and the plan sponsor mu [..]
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