Actuarial Adjustment

In insurance and pensions, a change made to a company's premiums, reserves, or finances based on actual or expected changes to the benefits it must pay out. For example, if a disproportionate number of pensioners retire early, the company providing their pensions must adjust its reserves downward and/or its premiums upward to account for the benefits it must pay before it expected to do so. A company may also make actuarial adjustments to benefits themselves; for example, those persons retiring early may find their monthly pension payments are less than expected.

单词	actuarial adjustment
释义	Actuarial Adjustment Actuarial Adjustment In insurance and pensions, a change made to a company's premiums, reserves, or finances based on actual or expected changes to the benefits it must pay out. For example, if a disproportionate number of pensioners retire early, the company providing their pensions must adjust its reserves downward and/or its premiums upward to account for the benefits it must pay before it expected to do so. A company may also make actuarial adjustments to benefits themselves; for example, those persons retiring early may find their monthly pension payments are less than expected.
随便看	isochimal isochime isochimene isochor isochore isochoric isochoric process isochromatic isochromatic fringe pattern isochromatophil isochromatophile isochromosome isochromosomes isochron isochronal isochronally isochronal test isochrone isochrones isochronia isochronic isochronise isochronism isochronism of oscillations isochronize