ACC 305 Intermediate Accounting III

Accounting
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What are some of the predictions (assumptions) that Actuaries make to enhance the effective operations of the pension plan?

May 2nd, 2015

The assumptions to enhance the effective operations of the pension plan are of 2 types:

Economic assumptions: These deal with interest rates, salary increases, inflation and investment markets. These assumptions are related to how the macro-economic environment will affect the pension plan calculations.
 
Demographic assumptions: These deal with the participant group make-up and expected behaviour and life expectancy. These are specific to the people expected to participate in the pension plan and ho this will affect the pension plan calculations.

May 2nd, 2015

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May 2nd, 2015
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May 2nd, 2015
May 30th, 2017
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