Actuarial liabilities definition
Actuarial liabilities means the excess of the present value of all benefits payable under a defined
Actuarial liabilities means the excess of the present value of all benefits payable under a defined benefit retirement plan over the present value of future normal costs in that retirement plan.
Actuarial liabilities means the excess of the present value of all benefits payable under a retirement system over the present value of future normal costs in that retirement system.
Examples of Actuarial liabilities in a sentence
Actuarial Valuation as at December 31, 20094 Main results (fictitious results) Going-Concern Valuation Solvency Valuation Value of assets $4,200M $4,460M Actuarial liabilities $3,800M $4,500M Excess (deficit) $400M ($40M) CBC/RADIO-CANADA’s current service contribution $50M N/A Net Available Surplus is $0M since there is a solvency deficit.
More Definitions of Actuarial liabilities
Actuarial liabilities means the actuarial liabilities determined on the basis used by the company for making returns of actuarial liabilities in terms of the insurance legislation of the Republic;
Actuarial liabilities has the meaning ascribed thereto in Section 9.7(e);
Actuarial liabilities mean the liabilities of the Plan calculated by the Actuary in accordance w it h t he A ct ua r ia l A s s um pt io ns a nd Methods, excluding any future Indexing provided to Pensioners pursuant to Article 7.1(a) of this Agreement;
Actuarial liabilities means the present value of estimated policy benefits and costs less the present value of future premiums (adjusted for provision for adverse deviations) and are a measure of the amounts which, together with future premiums and investment income, will be required by a life insurance company in order to discharge its obligations under its insurance policies and annuity contracts and to pay expenses related to the administration of those policies and contracts.