Pension Plan Valuation Factors
Definition of "Pension plan valuation factors"
Present value computation of the accrued or projected benefits of a retirement plan. This computation is known as the actuarial valuation because it is based on probability (retirement event will take place); demographic changes (increase or decrease in employee's earnings); interest rate (discount rate used to derive present value of future benefits).
Popular Insurance Terms
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Statutory liabilities minus the interest MAINTENANCE RESERVE minus the ASSET VALUATION RESERVE. ...
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Recipient of an indemnity. Indemnitor provider of an indemnity payment. ...
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