Funding method

Pensions. The methodology adopted by the Scheme Actuary in undertaking an actuarial valuation.

Other terms used in a similar context include Funding objective (in other words what Funding level is desirable and when this should be reached) and Funding plan (precisely how will the desired Funding level be achieved).

See also

• Accrued benefits funding method
• Actuarial valuation
• Durability
• Prospective benefits funding method
• Scheme actuary
• Target fund