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Basic Funding Methods and Actuarial Assumptions
cost method. Under any of these cost methods, the primary objective is to determine funding in such a way ... the actual unfunded then you have eliminated any direct recognition of gains or losses. Of course, since ...- Authors: William H Crosson
- Date: May 1979
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Professional development
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Multi-Employer Pension Plans
birthdates, sex, date of hire, or years of service. Direct valuations would be inpossible. There must be assumptions ... Shortfall losses that may arise must be menitored with care and recognized as a negative element that may indicate ...- Authors: Steven M Rabinowitz
- Date: May 1979
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Professional development
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1977 Social Security Benefit Calculations
n x 12. 6. Apply Benefit Formula to AIME for Primary Insurance Amount. 90% of first $180 AIME, plus ... will not change. 7. Apply CPI increases. The Primary Insurance Amount (PIA) is increased according to ...- Authors: Edward W Maroni
- Date: May 1977
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Social Insurance>Social Security