Maestro Superannuation Plan provides the following information relating to the period ended 30 June 2004: The actuarial assumption used to calculate the liability was that the individual would take the benefit as a lump sum on retirement in 9 years' time.What is the present value of the expected future benefit payment (rounded to the nearest dollar)?

Question

Maestro Superannuation Plan provides the following information relating to the period ended 30 June 2004:  The actuarial assumption used to calculate the liability was that the individual would take the benefit as a lump sum on retirement in 9 years' time.What is the present value of the expected future benefit payment (rounded to the nearest dollar)?

Quizplus · Accepted Answer

The Answer of Maestro Superannuation Plan provides the following information relating to the period ended 30 June 2004:  The actuarial assumption used to calculate the liability was that the individual would take the benefit as a lump sum on retirement in 9 years' time.What is the present value of the expected future benefit payment (rounded to the nearest dollar)?

Maestro Superannuation Plan Provides the Following Information Relating to the Period