Market Value of Assets (Pension)
"Market value of the assets" means the sum of the funding agency balance plus the accumulated value of any permitted unfunded accruals belonging to a pension plan. The Actuarial Value of the Assets means the value of cash, investments, permitted unfunded accruals, and other property belonging to a pension plan, as used by the actuary for the purpose of an actuarial valuation. [1]
References and Notes
- ↑ CAS 412 - Pension Costs