Definition: Actuarial valuation

Living conditions

A valuation carried out by an actuary on a regular basis, in particular to test future funding or current solvency of the value of the pension fund’s assets with its liabilities.
Source:
Organisation for Economic Co-operation and Development (OECD)/Organisation de coopération et de développement économiques (OCDE), OECD Glossaries/Glossaires de l'OCDE, Private pensions - OECD classification and glossary; Les pensions privées - Classification et glossaire de l'OCDE, Paris, 2005
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