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Stochastic Modeling to Reflect Investment Risk in Funding Liabilities for Pension Plans (PDF)
Milliman
Nov. 20, 2019 "Until now, explicit disclosures about plan-specific risks have rarely been included in funding valuation reports.... ASOP 51 has changed this ... By tweaking existing familiar concepts -- the funding liabilities -- we can leverage the understanding that employers already have about their pension plans to explain various risks, some of which are very pertinent to plan decision making." MORE >> |
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