Assumption Derivation Clause Samples

Assumption Derivation. Pre-retirement discount rate Based on the return seeking strategic asset allocation endorsed at the March 2018 Funding & Investment Committee meeting for the GE UK Pension Plan and the projected returns under the Yield Reversion ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Investment Model (“WTWIM”) relative to RPI inflation over a 10-year period at a confidence level of 70%. The discount rate is rounded to the nearest 0.05%. The strategic asset allocation is as follows: Total return-seeking (66%): Equities = 29% Alternatives = 28% Property = 9%Total Matching (34%). Post-retirement discount rate (current pensioners) A single equivalent gilt yield plus a margin of 0.5% pa, where the single equivalent yield is derived based on the projected cashflows of the current pensioner population and the full gilt yield curve. The discount rate is rounded to the nearest 0.05%.For this purpose, the gilt curve used is the ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ index-linked gilt yield plus RPI (as defined below). Post-retirement discount rate (future pensioners) A single equivalent gilt yield plus a margin of 0.5% pa, where the single equivalent yield is derived based on the projected cashflows of the future pensioner population and the full gilt yield curve. The discount rate is rounded to the nearest 0.05%.For this purpose, the gilt curve used is the ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ index-linked gilt yield plus RPI (as defined below). Retail Price Inflation (RPI) Market implied inflation at a duration consistent with that of the duration of the GE UK Pension Plan population, rounded to the nearest 0.05% pa Consumer Price Inflation (CPI) Set equal to RPI less 1% pa Salary increases Set equal to RPI Pension increases Derived in line with the relevant inflation definition and allowing for the relevant caps and floors using the Black model with an underlying RPI volatility assumption of 2.3% pa and an underlying CPI volatility assumption of 1.9% pa, all rounded to the nearest 0.05% pa Mortality assumption – base table 92% of SAPS S2 Normal Health base tables for both males and females with CMI 2017 projections from 2007 to 2018 with a long term trend of 1.50% pa Mortality assumption – future improvements CMI 2017 projections from 2018, with a 1.50% pa long term trend rate Cash commutation 20% of pension is assumed to be commuted using GE UK Pension Plan cash commutation factors in force at the Exit Date. Other assumptions Derived in line with the GE UK Pension Plan Technical Provision assumptions for the March 31, 2015 actuari...
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Related to Assumption Derivation

  • Assumption Agreement The Buyer shall have executed and delivered to the Seller the Assumption Agreement.

  • Sale and Assignment On the terms and conditions set forth herein, effective on and as of the Assignment Date, the Assignor hereby sells, assigns and transfers to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, all of the right, title and interest of the Assignor in and to, and all of the obligations of the Assignor in respect of, the Assigned Interest. Such sale, assignment and transfer is without recourse and, except as expressly provided in this Agreement, without representation or warranty.

  • Patent Assignment Seller hereby sells, assigns, transfers and conveys to Purchaser all right, title and interest it has in and to the Patents and all inventions and discoveries described therein, including without limitation, all rights of Seller under the Assignment Agreements, and all rights of Seller to collect royalties under such Patents.

  • Assumption of Warrant Upon the closing of any Acquisition the successor entity shall assume the obligations of this Warrant, and this Warrant shall be exercisable for the same securities, cash, and property as would be payable for the Shares issuable upon exercise of the unexercised portion of this Warrant as if such Shares were outstanding on the record date for the Acquisition and subsequent closing. The Warrant Price shall be adjusted accordingly.

  • ▇▇▇▇ of Sale and Assignment ▇▇▇▇ of Sale and Assignment for the Property (the “▇▇▇▇ of Sale”) executed by Seller and Purchaser assigning to Purchaser the Tangible Personal Property, in the form attached to this Agreement as Exhibit D.