Actuary, Enrolled
Definition of "Actuary, enrolled"
Individual who has met professional standards of the Internal Revenue Service and the Department of Labor for signing the actuarial reports required by the Employee Retirement Security Act of 1974 Title II. An enrolled actuary may certify annually that benefit cost and funding requirements of a pension plan have been calculated according to accepted actuarial principles as a best estimate of expected experience of the pension plan.
Popular Insurance Terms
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Property to be insured, or that is insured, which is located within the specific geographical region falling under the auspices of the fire department. ...
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a large number of homogeneous exposures (in order for the deviation of actual losses from expected losses to approach zero, and thecreditability of the prediction to approach one). loss ...
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