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.
8 million in
actuarial adjustments to self-insurance reserves.
8 million of after-tax
actuarial adjustments to self-insurance reserves.
If the disincentives to continue working were removed from Canada's public pension regime, workers could decide when to retire without being penalized through insufficient
actuarial adjustments.
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.
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.
0 million in 2008 related to
actuarial adjustments to self-insurance programs.
7 million would have been significantly higher if not for the impact of
actuarial adjustments, including $17.
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.
Fourth quarter earnings included nine cents of benefit primarily related to
actuarial adjustments to prior years' workers' compensation claim reserves.
2 Million Charge for
Actuarial Adjustments for Workers' Compensation at the Closed Virginia Division
In addition, as a result of the
actuarial adjustments for 1999 and prior years, the estimate of ultimate reserves for 2000 claims increased by $8.
