Actuarial Outpost
Go Back   Actuarial Outpost > Exams - Please Limit Discussion to Exam-Related Topics > SoA > Modules 1-5
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

Fill in a brief DW Simpson Registration Form
to be contacted when new jobs meet your criteria.

Thread Tools Search this Thread Display Modes
Old 04-22-2018, 04:16 PM
bakerbs bakerbs is offline
Join Date: Jan 2015
Posts: 29
Default UAP Example 24.1 - TUC 5yr Average Salary

Iím going through the TUC/PUC normal cost example (example 24.1 on p. 413) in UAP and canít seem to come up with the 5-yr average salary number they use. I was able to get the projected 5-year average salary of 82,714, but when I apply a similar formula using current salary (instead of projected), I get 53,091 instead of 53,391. Can anyone explain why 53,391 is the correct 5-yr average salary, or is this an error on the bookís part?

Thanks in advance!
P | FM | MFE | MLC | C | PA | FAP

APC 4/12/19 - NYC
Reply With Quote

modules, pension, tuc, uap

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

All times are GMT -4. The time now is 12:55 AM.

Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.09970 seconds with 11 queries