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New Minimum Funding Rules
range and consistent with what you think current annuity purchase rates would be for that group. I think ... standard plan with a normal form of benefit of a life annuity, you cannot fund for any lump sum cashout subsidies ...- Authors: Barry Cohen, Wayne R Foster, V Benjamin Haas, Eric Lofgren, Glen A Hazlett
- Date: Oct 1988
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: Record of the Society of Actuaries
- Topics: Pensions & Retirement>Funding
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Pension Plan Design
Your normal form of benefits has got to be an annuity. You have to satisfy the benefit accrual rules ... Because it is a DB plan, you have to offer an annuity, but it is a fairly simple exercise to put the ...- Authors: Sheldon Gamzon, V Benjamin Haas, Eric Lofgren, William Torrie
- Date: Oct 1989
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Pensions & Retirement>Plan design