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  • Pension Section News
    of final pay 4 per year of service at age 65. Table 1 (to the right) shows lump sum values at various ... ERISA standard of perfection in the actuarial valuation ignores the timing of the results. Late results ...

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    • Authors: David Langer, Leslie Lohmann, Jeffrey Petertil, Anna M Rappaport, Emily Kessler, David M MacLennan, Tonya Manning
    • Date: Jan 2006
    • Publication Name: Pension Section News
  • Adjusting IRC 415 Limits for Prior Distributions
    with a nonzero interest rate and a real mortality table is straightforward ac- tuarial work. Since the Code ... calculations. We will use the IAM 83 mortality table and 5 percent interest. Commutation factors based ...

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    • Authors: David M MacLennan
    • Date: Jan 2006
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Pension Section News
    • Topics: Actuarial Profession>Standards of practice; Pensions & Retirement>Pension legislation and regulation