What Are the Two Components of an Actuary's Calculation of the Required

question 27

Multiple Choice

What are the two components of an actuary's calculation of the required annual contribution to a Pension Trust Fund?

• A)the net pension obligation and the actuarial accrued liability
• B)the regular cost and the normal cost
• C)the amortization of the actuarial value of assets and the actuarial accrued liability
• D)the normal cost and the amortization of the unfunded actuarial accrued liability

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Definitions:

Coping Efforts

The conscious strategies or actions taken by individuals to deal with stress, adversity, or emotional distress.

Behavioral Rehearsal

A technique in therapy and training where individuals practice or role-play real-life situations to improve their reaction and interaction skills.

In Vivo

Refers to processes or experiments conducted in living organisms, such as laboratory animals or humans, to assess biological and chemical reactions in their natural context.

Guided Practice

Guided practice is an instructional approach where a teacher or mentor provides direction and feedback while the learner performs a task or activity.