Question: Suppose that the plan under Projected Unit Credit Method with normal retirement benefit of 1% of final salary per year of service was effective at

 Suppose that the plan under Projected Unit Credit Method with normal

Suppose that the plan under Projected Unit Credit Method with normal retirement benefit of 1% of final salary per year of service was effective at 1/1/2007. Suppose the retirement age is 65 and there is no preretirement termination other than death. It is given that 652) =12. S64 D Census data on 1/1/2017, and commutation functions: Age at Attained Annual Participant Hire Age x Salaries 30 30 $20,000 4 35 40 $25,000 3 40 50 $30,000 2 50 50 $30,000 1 65 0 S 4 3 2 2 1 140 130 120 120 10 Determine the total actuarial liability (TAL) and total normal cost (TNC) as of 1/1/2017; Suppose that the plan under Projected Unit Credit Method with normal retirement benefit of 1% of final salary per year of service was effective at 1/1/2007. Suppose the retirement age is 65 and there is no preretirement termination other than death. It is given that 652) =12. S64 D Census data on 1/1/2017, and commutation functions: Age at Attained Annual Participant Hire Age x Salaries 30 30 $20,000 4 35 40 $25,000 3 40 50 $30,000 2 50 50 $30,000 1 65 0 S 4 3 2 2 1 140 130 120 120 10 Determine the total actuarial liability (TAL) and total normal cost (TNC) as of 1/1/2017

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