What can you learn from the "funded ratio" in the financial report of a Pension Trust Fund?
A) the relationship between the amounts paid into the Pension Trust Fund by employers and the amounts that should have been paid into the Fund
B) the relationship between the amounts paid into the Pension Trust Fund by employers and the amounts paid into the Fund by the employees
C) the relationship between the actuarial value of assets in the Pension Trust Fund and the actuarial accrued liabilities of benefits earned by the employees
D) the relationship between the actuarial value of assets in the Pension Trust Fund and the total annual payroll of the employees covered by the pension plan
Correct Answer:
Verified
Q2: Which of the following characteristics is true
Q3: Which of the following is not a
Q4: What are the two components of an
Q5: On what basis are investments valued in
Q6: A recent proposed changed in pension reporting
Q8: A Pension Trust Fund prepares two financial
Q9: Which of the following type of pension
Q10: The City of Albertville invests the assets
Q11: Which of the following is not a
Q12: Based on the GASB's proposed new pension
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents