Encyclopedia

Actuarial assumptions

The value to calculate the amount of money a pension fund needs now, in order to fully pay the future pensions of participants. In general, the actuarial rate is based on the expected risk-free yield. (rekenrente)

Actuarial rate

The value to calculate the amount of money a pension fund needs now, in order to fully pay the future pensions of participants. In general, the actuarial rate is based on the expected risk-free yield. (rekenrente)

Actuary

A professional who deals with the measurement and management of risk and uncertainty. (<em>actuaris</em>)