Actuarial Cost Assumptions Law and Legal Definition
Actuarial Cost Assumptions in the insurance sector are assumptions about rates of investment earnings, mortality, turnover, salpatterns, probable expenses, and distribution or actual ages at which employees are likely to retire. These cost assumptions are generally to calculate the amount a company must pay periodically to cover its pension expenses.
Legal Definition list
- Actual-Risk Test
- Actual Yield [Agriculture]
- Actual Total Loss
- Actual Taking
- Actual Sexually Explicit Conduct
- Actuarial Cost Assumptions
- Actuarial Cost Method
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarial Equivalent (Health Care)
- Actuarial Experience [Employee Retirement]
- Actuarial Method [HUD]
Related Legal Terms
- Above the Line Costs (Entertainment Law)
- Absorption Costing
- Accelerated Cost Recovery System
- Acquisition Cost of an Item of Purchased Equipment
- Acquisition Cost of Equipment [Education]
- Activity-Based Costing
- Actuarial Cost Method
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarial Equivalent (Health Care)
- Actuarial Experience [Employee Retirement]