Actuarial Adjustment

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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.

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This increase in the 2017 Quarter was primarily due to reduced recoveries at our Gibson South and Tunnel Ridge mines, year-end actuarial adjustments to workers compensation expense and higher coal inventory charges, offset in part by a favorable production mix from ARLPs lower-cost operations in the Illinois Basin; all as compared to the 2016 Quarter.

United States : Alliance Resource Partners, L.P. Reports Quarterly and Annual Financial and Operating Results; Increases Quarterly Cash Distribution 1.0% to $0.51 Per Unit; and Provides Initial 2018 Guidance

8 million in actuarial adjustments to self-insurance reserves.

Longs net surges 102% in fiscal '06

8 million of after-tax actuarial adjustments to self-insurance reserves.

Profit growth demonstrates longs is 'gaining traction'

To correct this incentive problem, there has been a move towards early retirement arrangements that are funded and that make actuarial adjustments to benefits that depend on the age of early retirement.

Retirement income arrangements. (Annex I)

The individual's effective time horizon determines his or her response to the earnings test for receipt of Social Security benefits and the actuarial adjustments of postponed benefits, including the delayed retirement credit.

Responses to social security by men and women: myopic and far-sighted behavior

7 million would have been significantly higher if not for the impact of actuarial adjustments, including $17.

Australia : Aurora Energy increases returns to Government

The studies, conducted by Coopers & Lybrand on behalf of the Financial Executives Institute, the Institute of Management Accountants and the National Association of College and University Business Officers, indicated the health care claims administration systems of most employers, particularly small and medium-sized ones, are incapable of providing sufficiently reliable information to eliminate the need for actuarial adjustments to historical claims data.