Translation of "Actuarial studies " (English → French) :

106. Recalls the conclusions of an independent actuarial valuation of the voluntary pension scheme commissioned by Parliament that (i) the cash flow income was sufficient to finance pension payments until 2015 and that thereafter it would be necessary to begin realising assets in order to pay the pensions due; and (ii) provided the assumptions used by the scheme's actuary were proved correct, at the termination date the fund will be in surplus; notes that the Secretary-General has commissioned an updated actuarial study examining the posit ...[+++]ion following the recent financial/banking crisis;

Observes that there is a trend towards more defined-contribution schemes and fewer defined-benefit schemes; notes that, as a result, pension providers transfer the risk associated with investment to pension savers; considers that, because of the diversity and complexity of the various capital-based occupational pension systems, conditions need to be laid down concerning the portability of acquired pension entitlements in the sense that portability begins when new contracts are concluded, an application for transfer being approved only if the actuarial sum transferred is to be placed in a fund whose purpose is payment of old-age pensions; asks for an ...[+++] in-depth study on tax issues related to the capital-based occupational pension systems and life insurance capital systems; considers that, with regard to cross-border issues, the clear focus of EU activity should be on developing minimum standards for the acquisition and preservation of pension rights and on facilitating the establishment of national tracing systems for those rights;

86. Welcomes the fact that its Bureau has set up a working party to look into the financial situation of the Voluntary Pension Fund on the basis of an independent actuarial study; asks that its Committee on Budgetary Control be informed of the working party's findings on a regular basis;

82. Welcomes the fact that its Bureau has set up a working party to look into the financial situation of the Voluntary Pension Fund on the basis of an independent actuarial study; asks that its Committee on Budgetary Control be informed of the working party's findings on a regular basis;

Prudential carried out an actuarial study pursuant to Article 74 of Law No 3371/2005.

In order to set a tariff for a premium, the insurance undertaking has to undertake the investment necessary to enter another Member State's market (e.g. technical and commercial studies to become familiar with a particular market's risks, actuarial study costs, statistical analysis, need to establish an official representative, need to participate in a guarantee fund in the case of civil liability car insurance).