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Just Answer My Questions
10-18-2002, 02:12 PM
2 Questions:

1993 P-460: #8
Why is the gain calculated as the Actual AL less the Expected AL (and not the other way around)?

1995 P-359: i disagree with the solution to #4 b).

when they recalculate NC for staff in '95, they take into account the break in service in PVFB. this should only be included in the AL, not NC calc, according to page 70 of Pension MAthematics for Actuaries: assume plan participation from age w. So, when we calculate NC in EAN, we should ignore service breaks.