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  • Revisiting Pension Actuarial Science: A Five-Part Series – Part 4, Fair Value of the Liability – The Residual Benefit Liability
    Revisiting Pension Actuarial Science: A Five-Part Series – Part 4, Fair Value ... 2089 - 17 - - 17 5.03% 0 ... Discount Curve observed at Dec. 31, 2008. Figure 17 $0 $50,000 $100,000 $150,000 $200,000 $250 ...

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    • Authors: James Rizzo, Krzysztof Ostaszewski, Piotr Krekora
    • Date: Jun 2010
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Public sector plans; Pensions & Retirement>Risk management
  • Revisiting Pension Actuarial Science: A Five-Part Series – Part 1, Fair Value of the Liability – The Contractual Benefit Obligation
    Revisiting Pension Actuarial Science: A Five-Part Series – Part 1, Fair Value of the Liability – The ... Financial Accounting Standards No. 87, Paragraphs 17 and 42b, and Footnote 10. 4 3. ABO and PBO ...

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    • Authors: James Rizzo, Krzysztof Ostaszewski, Piotr Krekora
    • Date: Jun 2010
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Annuities; Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Public sector plans; Pensions & Retirement>Risk management
  • Revisiting Pension Actuarial Science: A Five-Part Series – Part 5, Fair Value of the Liability – Consider the Measurement Purpose
    portfolio with 60 percent in equities and 40 17 percent in intermediate bonds. MVL and FVL values ... ―Elements of Financial Statements‖ states in paragraph 17, ―Liabilities are present obligations to sacrifice ...

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    • Authors: James Rizzo, Krzysztof Ostaszewski, Piotr Krekora
    • Date: Jun 2010
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Public sector plans; Pensions & Retirement>Risk management
  • Revisiting Pension Actuarial Science: A Five-Part Series
    Financial Accounting Standards No. 87, Paragraphs 17 and 42b, and Footnote 10. 15 3. ABO and PBO ... value of the CBO is determined by modeling their 17 decrements until final retirement age, as the contractually ...

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    • Authors: James Rizzo, Krzysztof Ostaszewski, Piotr Krekora
    • Date: Jun 2010
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Public sector plans; Pensions & Retirement>Risk management