In Determining the Present Value of the Prospective Benefits (Often

question 79

Multiple Choice

In determining the present value of the prospective benefits (often referred to as the projected benefit obligation) , which of the following are considered by the actuary?

• A) Retirement and mortality rate.
• B) Interest rates.
• C) Benefit provisions of the plan.
• D) All of these are considered.

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Definitions:

Renal Cortex

The outermost layer of the kidney.

Renal Column

The portion of the renal cortex between the renal pyramids.

Pyramids

Ancient monumental structures, typically with a square base and four triangular sides, found in various civilizations.

Glomerulus

A group of capillaries in the renal corpuscle.