Examples of Economic Assumptions in a sentence
For TRS, the long-term expected rate of return on pension plan investments was determined in accordance with Actuarial Standard of Practice (ASOP) No. 27, Selection of Economic Assumptions for Measuring Pension Obligations.
Economic Assumptions Economic assumptions are used to estimate the annual tuition rates at two and four year colleges, increases in Fund expenses, and Fund earnings on assets invested.Because inflation is a major component of the rate of increase in tuition rates and of investment returns, we considered these rates together.
Total AMS grading, inspection, or certifi- cation program allowance for bad debt divided by total hours (regular, over- time, and holiday) worked.(2) The calendar year cost of living expenses and percentage of inflation factors used in the formulas in this sec- tion are based on the most recent Of- fice of Management and Budget’s Pres- idential Economic Assumptions.
Economic Assumptions — reflect the effect of the economic climate on a retirement system.
Total AMS grading, inspection, or sampling program allowance for bad debt divided by total hours (regular, overtime, and holiday) worked.(2) The calendar year cost of living expenses and percentage of inflation factors used in the formulas in this sec- tion are based on the most recent Of- fice of Management and Budget’s Pres- idential Economic Assumptions.