Actuarial Principles

This session is from the September 2022 Trustee School. Some content may be dated.
 
Session Summary: This session will discuss the revision of Actuarial Standards of Practice (ASOP) No. 4 and the implications it will have on valuation results. It will also discuss what actuarial equivalence means and how to calculate option factors for members' retirements.
 
Presenter:
Ed Koebel, EA, FCA, MAAA
CEO
Cavanaugh Macdonald Consulting

Credits: This course is worth 1.0 GAPPT CEC (Continuing Education Credit). It also qualifies for 0.1 IACET CEU (Continuing Education Unit).
Instructions: Participants must watch the session video presentation and pass the session assessment to earn GAPPT CECs and IACET CEUs.
Prerequisites: None.
Equipment Requirement: Computer, tablet or smartphone and internet access. To avoid issues, please use Google Chrome as your browser.

Cost: Member Registration: $80.00 / Non-Member Registration: $120.00
 

 

FAQ

In this session, participants will learn to:

  • Review the revisions of ASOP4.
  • Describe the implications of ASOP4 on valuation reports.
  • Explain what Actuarial Equivalence means.
  • Identify option factors for member's retirement benefits.
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