My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
CCP 01-29-2001
ArdenHills
>
Administration
>
City Council
>
City Council Packets
>
2000-2009
>
2001
>
CCP 01-29-2001
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/8/2007 1:16:30 PM
Creation date
11/13/2006 2:35:59 PM
Metadata
Fields
Template:
General (2)
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
155
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />12 <br /> <br />LAKE JOHANNA VOLUNTEER FIREMEN'S BENEFIT ASSOCIATION, INC. <br />December 31, 2000 Actuarial Valuation e <br /> <br />Actuarial Assumptions & Methods (continued) <br /> <br />C. Actuarial Methods <br /> <br />Funding basis <br /> <br />Normal Cost and Actuarial <br />Accrued Liability <br /> <br />The Entry Age Normal actuarial cost method. This actuarial <br />funding method is one of the projected benefit cost methods. The <br />normal cost for each active member is the annual amount required <br />from the member's entry date to retirement date so that the <br />accwnulated contributions at termination or retirement will equal <br />the liability at that time. This cost is expressed as a level annual <br />amount. <br /> <br />Actuarial Value of Assets <br /> <br />The actuarial value of assets is equal to the market value of assets <br />projected from 9/30 to 12/31. <br /> <br />All benefits summarized in the plan provisions section of this <br />report. <br /> <br />e <br /> <br />Benefits Valued <br /> <br />The actuarial methods used in this valuation are identical to those used last year. <br /> <br />e <br /> <br />VAN IWAARDEN <br />
The URL can be used to link to this page
Your browser does not support the video tag.