Actuarial Rate

Actuarial Rate

An estimate of the future loss on a pension fund based on historical loss under similar circumstances. The actuarial rate may be right or wrong, and can result in an actuarial gain or an actuarial loss for the company. See also: Actuarial Assumptions.
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Tenders are invited for actuarial rate & review.
This change may benefit some customers, as the actuarial rate may be lower than the pre-Flood Insurance Rate Map rate.
To keep premiums affordable, they are set at a level that is, in aggregate, below the actuarial rate and involves large subsidies from low-risk insureds to high-risk insureds.
CMS will hold the 2014 monthly base actuarial rate for aged enrollees at $209.
The company aims to achieve an annual return in line with the requirements of the actuarial rate and will try to improve it.
A different method of compensating the permanently injured worker was developed, justifying a 16 percent actuarial rate reduction in costs.
The three-year actuarial rate of local or regional recurrence was less than 2 percent in this group.
One of the sticking points over renewal is the subsidy that the program provides to policyholders who pay less than the actuarial rate for coverage.
3 percent return rate beat the actuarial rate of 8 percent and brought in more than $10 billion as the 2009-10 fiscal year ended on June 30.
This performance exceeds the pension fund's actuarial rate of return assumption of 7.
Congress, however, acted in 2012 without understanding the actuarial rate phase-in exposed political deals going back to 1972 that subsidized flood-insurance rates in critical areas, for example, Louisiana and Florida.
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