Actuarial Surplus Law and Legal Definition
Actuarial surplus refers to a situation where a pension plan exceeds its expected current and future liabilities by an estimated amount. The estimated amount also exceeds the amount expected to be needed to fund the future benefits payment. In other words, it is where the actuarial liability is less than the actuarial value of a pension fund’s assets.
Legal Definition list
- Actuarial Services [Employee Retirement]
- Actuarial Risk
- Actuarial Present Value [Internal Revenue]
- Actuarial Method [HUD]
- Actuarial Experience [Employee Retirement]
- Actuarial Surplus
- Actuarial Table
- Actuarial Value
- Actuarially Appropriate [Federal Crop Insurance Corporation]
- Actuarially Sound Retirement System
- Actuary
Related Legal Terms
- Acquired Surplus
- Actuarial Cost Assumptions
- Actuarial Cost Method
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarial Equivalent (Health Care)
- Actuarial Experience [Employee Retirement]
- Actuarial Method [HUD]
- Actuarial Present Value [Internal Revenue]
- Actuarial Risk
- Actuarial Services [Employee Retirement]
