Actuarial valuation
From ACT Wiki
Pensions. 1. An investigation by an Actuary into the ability of a defined benefit pension scheme to meet its actuarial liability.
2. The related money amounts - assessed by an Actuary - of the pension scheme's liabilities, assets and surplus or deficit.
See also
- Accrued benefits funding method
- Actuarial gains and losses
- Actuarial liability
- Actuary
- Funding method
- Valuation basis
- Valuation date