Market Value of Assets (Pension)

From Knowledge base

"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

  1. CAS 412 - Pension Costs