actuarial value

They receive five to ten times the actuarial value of their own contributions to the insurance trust funds.

Any retirement income program must pay benefits that exceed the actuarial value of those who retire early in the system.

Under such arrangements, each party pays the actuarial value of his interest and an income-producing property is owned by both.

By contrast, for instance, the budget negotiators might have assigned Medicare an actuarial value and asked recipients to pay taxes on it.

When one form of benefit has a greater actuarial value than another form, the difference in value is often called a "subsidy."

Typically, this would mean outright distribution to the qualified beneficiaries of the trust in proportion to the actuarial value of their interests.

Therefore, assuming risk gives the entrepreneur a claim to a reward in excess of the actuarial value of the risk.

Despite strong investment performance, the pension plan has experienced funding shortfalls in recent years, with the projected actuarial value of future liabilities exceeding assets.

They got lump sum payments that roughly equated to 15% of the actuarial value of their pension benefits.

Participants who cancel unmatured contracts will receive the lump sum actuarial value of the contract, minus fees.

It will be difficult to determine whether the "actuarial value" of drug benefits under those plans is equivalent to that of the standard Medicare benefit, he said.

A businessman would not take a risk without expecting compensation in excess of actuarial value i.e., a premium on calculable risk.

The new tables will be contained in a new Publication 1457 called "Actuarial Values, Book Aleph."

The company does not sell insurance at actuarial value, but receives a subsidy from the Federal government for up to 60% of the true cost of the risk.

(The authors consider various definitions of wealth, some limited to financial assets, some including housing, some including the actuarial value of Social Security benefits.

The coverage and the premiums could vary, depending on the plan, as long as the "actuarial value" is equivalent to that of standard coverage described in the legislation.

Benefits paid at those times or in those forms may have a greater actuarial value than the basic retirement benefit payable by the plan at the participant's normal retirement age.

Wallace is noted for founding TWG Capital, the first company to provide capital to the insurance industry based on the actuarial value of insurance premiums and commissions.

The researchers found that only 3.7% of the variation in the cost of family coverage in employer-sponsored health plans is attributable to differences in the actuarial value of benefits.

Of that amount, the unfunded actuarial accrued liability, the difference between the value of future pension benefits accrued minus the actuarial value of assets, was $43.5 billion.

More often, there are Doritos, pretzels, Oreo cookies and beef jerky: fuel to get through hours of talks on topics like the actuarial values of private insurance plans or the cost-sharing provisions of Medicare.

In the individual market, sometimes thought of as the "residual market" of insurance, insurers have generally used a process called underwriting to ensure that each individual paid for his or her actuarial value or to deny coverage altogether.

His research has found, for instance, that at the companies in the Standard & Poor's 500 with pension plans, the median actuarial value for pensions given to chief executives is about $15 million, or about a third of the overall total compensation.

To the Editor: Milton Friedman's suggestion (Op-Ed, Jan. 11) that we give current and soon-to-be retirees a check representing the actuarial value of their future benefits and then wash our hands of them hardly follows.

Mr. Herman added that the I.R.S. table from which the discounted value of property is calculated is Table H of I.R.S. Publication 1457, known as "Actuarial Values Alpha Volume."