Accrued benefits funding method: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Specify as DB.) |
imported>Doug Williamson (Add link.) |
||
| Line 11: | Line 11: | ||
* [[Defined benefit pension scheme]] | * [[Defined benefit pension scheme]] | ||
* [[Discontinuance method]] | * [[Discontinuance method]] | ||
* [[Funding ]] | |||
* [[Funding method]] | * [[Funding method]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Latest revision as of 09:23, 28 April 2022
Pensions - defined benefit schemes.
A pensions funding method in which the actuarial valuation at the valuation date relates to the actual benefits for pensioners and deferred pensioners and their dependants and the accrued benefits of active members.
Allowance will generally need to be made for future increases to salaries and benefits and for new members and early leavers.
