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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Actions not allowed between a trust and a disqualified person under the employee retirement income security act of 1974 (erisa). The disallowed actions are designed to prevent a conflict of ...
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