Estimating financial valuation of benefit plans

Details Estimating financial valuation of benefit plans Estimating financial valuation of benefit plans

2005-05-27

2009-11-10

Gart, Matthew (Department: 3687)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Accounting

C705S001100

Reexamination Certificate

active

07617138

ABSTRACT:
Intra-year benefit plan financial valuation for a client's post-retirement benefit plan comprises collecting intra-year capital market data during a time period between a first actuarial valuation and a second actuarial valuation, converting the intra-year capital market data to intra-year client-specific data based on client assumptions, and calculating an updated financial valuation for the benefit plan based on the intra-year client-specific data, benefit plan data, and the client assumptions. The updated financial valuation can comprise an updated forecast financial valuation based on the intra-year client-specific data and future client assumptions. The updated financial valuation can be calibrated based on actual client-specific data reflecting experience between the time of the first actuarial valuation and the updated financial valuation. The intra-year client-specific data can provide a basis for a hypothetical forecast analysis based on hypothetical data provided by the client.

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