What if I have an employer statement of value that differs from the pension calculation?
“Statements of value” from employers are almost always different than true actuarial pension value. They are usually lower than the true actuarial value. You can use the employer’s statement if: Otherwise, just ignore the “statement of value” from employer, and use our pension valuation. Why would the lump sum value offered by the employer be […]
I am going to testify in court about the pension valuation.
Here are some things you might want to be comfortable about before taking the stand: 1. Interest rate. This is a user entry, although the software will suggest a current 20-year Treasury Bill rate as of the date the pension is first entered into the software. The link below shows 20 year treasury bill rates […]
For a pension evaluation, can I get a life expectancy table customized to my client?
We do not have any way of using a police or firefighter-specific life expectancy table. Nor for a smoker. Nor for a skydiver. Nor for someone who is black, white, of Japanese ancestry, etc. Nor for someone who has diabetes or heart disease. Nor for someone who is known to be in particularly good health, […]
How can I enter a military pension?
There is a certain amount of computation involved in determining the monthly benefit for a military pension. Click here for an overview of the military pension benefit. Once the benefit has been determined, though, the military pension may be just like any other defined benefit pension. Specifically, to the extent that the pension is a […]