高顿项目

国内财会

国际财会

金融证书

公务员

考研

考研

继续教育

继续教育

在职硕博

学历学位

国企求职

军队文职

军队文职

职业提升

语言培训

出国留学

海外留学

北美SOA真题精算师考试2005年度——Course8RC（第三大块）

来源：高顿网校 2014-08-07

　　我们这里题库、网校和网课课件啥都有！——北美SOA真题精算师考试2005年度——Course8RC（第三大块）
　　7. (11 points) NOC would like to amend the Full-Time Hourly Union Pension Plan to

　　encourage members to retire later. The union has proposed a voluntary phased retirement

　　program that would allow employees to:

　　? work 50% of full-time at current hourly rates;

　　? receive 50% of early retirement pension benefits based on accrued service;

　　? earn 50% of regular pension credit for future service; and

　　? retain full-time eligibility and cost-sharing for other employee benefits.

　　(a) Critique the union proposal from the perspective of the employer.

　　(b) Describe how a Deferred Retirement Option Plan (DROP) could be used instead

　　of the union’s proposal.

　　(c) Outline the considerations in preparing the next accounting valuation if a DROP

　　is implemented.

　　COURSE 8: Fall 2005 - 6 - STOP

　　Retirement Benefits,

　　Comprehensive Segment – Canada

　　Afternoon Session

　　Questions 7 – 9 pertain to the Case Study

　　8. (10 points) On January 1, 2005, NOC purchased non-participating annuity contracts for

　　all inactive participants in the Full-Time Hourly Union Pension Plan for $95,000,000.

　　The Normal Retirement Benefit rate was subsequently increased from $75 to $80

　　effective January 1, 2005.

　　You are given:

　　ABO as of December 31, 2004:

　　? Inactive participants: $ 105,600,000

　　? Active participants: $ 500,433,000

　　ABO as of December 31, 2005: $ 476,500,000

　　Contribution on July 1, 2005: $ 100,000,000

　　Benefit payments in 2005: $ 225,000

　　Market Value of Assets as of December 31, 2005: $ 295,000,000

　　(a) Determine the 2005 pension expense.

　　(b) Develop the change in benefit obligation, change in plan assets, and a

　　reconciliation of the ABO to the accrued benefit asset/liability as required by

　　CICA 3461 for NOC’s financial statements as of December 31, 2005.

　　9. (9 points) In Gevrey, multiemployer retiree medical plan benefits may be prefunded at

　　the discretion of the board of trustees. The contributions to the fund are tax deductible.

　　You are the actuary for a multiemployer retiree medical plan in Gevrey. The plan

　　provisions are identical to the NOC plan. The plan is contracted to be funded on a cents

　　per hour basis.

　　A recent medical breakthrough will increase life expectancy by 10 years. As a result, the

　　plan is no longer fully funded.

　　Analyze the impact on the plan as it relates to funding, design and participation.

　　**END OF EXAMINATION**
　　我要求别人诚实，我自己就得诚实。两心不可以得一人，一心不得百人。-淮南子·缪称训——高顿网校名人话语

版权声明：本条内容自发布之日起，有效期为一个月。凡本网站注明“来源高顿教育”或“来源高顿网校”或“来源高顿”的所有作品，均为本网站合法拥有版权的作品，未经本网站授权，任何媒体、网站、个人不得转载、链接、转帖或以其他方式使用。经本网站合法授权的，应在授权范围内使用，且使用时必须注明“来源高顿教育”或“来源高顿网校”或“来源高顿”，并不得对作品中出现的“高顿”字样进行删减、替换等。违反上述声明者，本网站将依法追究其法律责任。本网站的部分资料转载自互联网，均尽力标明作者和出处。本网站转载的目的在于传递更多信息，并不意味着赞同其观点或证实其描述，本网站不对其真实性负责。如您认为本网站刊载作品涉及版权等问题，请与本网站联系(邮箱fawu@gaodun.com，电话：021-31587497)，本网站核实确认后会尽快予以处理。

展开全文咨询在线

严选名师全流程服务

其他人还搜了热门推荐