高顿网校友情提醒，高顿网校小编为您精心编制的2014年7月25日*7的真题Course8RU（3）——北美精算师考试SOA2014。
　　8.(10points)OnJanuary1,2005,NOCpurchasednon-participatingannuitycontractsfor
　　allinactiveparticipantsintheFull-TimeHourlyUnionPensionPlanfor$95,000,000.
　　TheNormalRetirementBenefitratewassubsequentlyincreasedfrom$75to$80
　　effectiveJanuary1,2005.
　　Youaregiven:
　　ABOasofDecember31,2004:
　　?Inactiveparticipants:$105,600,000
　　?Activeparticipants:$500,433,000
　　ABOasofDecember31,2005:$476,500,000
　　ContributiononJuly1,2005:$100,000,000
　　Benefitpaymentsin2005:$225,000
　　MarketValueofAssetsasofDecember31,2005:$295,000,000
　　(a)Determinethe2005pensionexpense.
　　(b)Developthechangeinbenefitobligation,changeinplanassets,andreconciliation
　　ofthefundedstatus,andamountsrecognizedandnotrecognizedinthestatement
　　offinancialpositionasrequiredbySFAS132RforNOC’sfinancialstatementsas
　　ofDecember31,2005.
 
　　9.(9points)InVosne,multiemployerretireemedicalplanbenefitsmaybeprefundedatthe
　　discretionoftheboardoftrustees.Thecontributionstothefundaretaxdeductible.
　　YouaretheactuaryforamultiemployerretireemedicalplaninVosne.Theplan
　　provisionsareidenticaltotheNOCplan.Theplaniscontractedtobefundedonacents
　　perhourbasis.
　　Arecentmedicalbreakthroughwillincreaselifeexpectancyby10years.Asaresult,the
　　planisnolongerfullyfunded.
　　Analyzetheimpactontheplanasitrelatestofunding,designandparticipation.
　　**ENDOFEXAMINATION**
　　AFTERNOONSESSION
　　8.(10points)OnJanuary1,2005,NOCpurchasednon-participatingannuitycontractsfor
　　allinactiveparticipantsintheFull-TimeHourlyUnionPensionPlanfor$95,000,000.
　　TheNormalRetirementBenefitratewassubsequentlyincreasedfrom$75to$80
　　effectiveJanuary1,2005.
　　Youaregiven:
　　ABOasofDecember31,2004:
　　?Inactiveparticipants:$105,600,000
　　?Activeparticipants:$500,433,000
　　ABOasofDecember31,2005:$476,500,000
　　ContributiononJuly1,2005:$100,000,000
　　Benefitpaymentsin2005:$225,000
　　MarketValueofAssetsasofDecember31,2005:$295,000,000
　　(a)Determinethe2005pensionexpense.
　　(b)Developthechangeinbenefitobligation,changeinplanassets,andreconciliation
　　ofthefundedstatus,andamountsrecognizedandnotrecognizedinthestatement
　　offinancialpositionasrequiredbySFAS132RforNOC’sfinancialstatementsas
　　ofDecember31,2005.
　　9.(9points)InVosne,multiemployerretireemedicalplanbenefitsmaybeprefundedatthe
　　discretionoftheboardoftrustees.Thecontributionstothefundaretaxdeductible.
　　YouaretheactuaryforamultiemployerretireemedicalplaninVosne.Theplan
　　provisionsareidenticaltotheNOCplan.Theplaniscontractedtobefundedonacents
　　perhourbasis.
　　Arecentmedicalbreakthroughwillincreaselifeexpectancyby10years.Asaresult,the
　　planisnolongerfullyfunded.
　　Analyzetheimpactontheplanasitrelatestofunding,designandparticipation.
　　**ENDOFEXAMINATION**
　　AFTERNOONSESSION
　　8.(10points)OnJanuary1,2005,NOCpurchasednon-participatingannuitycontractsfor
　　allinactiveparticipantsintheFull-TimeHourlyUnionPensionPlanfor$95,000,000.
　　TheNormalRetirementBenefitratewassubsequentlyincreasedfrom$75to$80
　　effectiveJanuary1,2005.
　　Youaregiven:
　　ABOasofDecember31,2004:
　　?Inactiveparticipants:$105,600,000
　　?Activeparticipants:$500,433,000
　　ABOasofDecember31,2005:$476,500,000
　　ContributiononJuly1,2005:$100,000,000
　　Benefitpaymentsin2005:$225,000
　　MarketValueofAssetsasofDecember31,2005:$295,000,000
　　(a)Determinethe2005pensionexpense.
　　(b)Developthechangeinbenefitobligation,changeinplanassets,andreconciliation
　　ofthefundedstatus,andamountsrecognizedandnotrecognizedinthestatement
　　offinancialpositionasrequiredbySFAS132RforNOC’sfinancialstatementsas
　　ofDecember31,2005.
　　9.(9points)InVosne,multiemployerretireemedicalplanbenefitsmaybeprefundedatthe
　　discretionoftheboardoftrustees.Thecontributionstothefundaretaxdeductible.
　　YouaretheactuaryforamultiemployerretireemedicalplaninVosne.Theplan
　　provisionsareidenticaltotheNOCplan.Theplaniscontractedtobefundedonacents
　　perhourbasis.
　　Arecentmedicalbreakthroughwillincreaselifeexpectancyby10years.Asaresult,the
　　planisnolongerfullyfunded.
　　Analyzetheimpactontheplanasitrelatestofunding,designandparticipation.
　　**ENDOFEXAMINATION**
　　AFTERNOONSESSION
　　高顿网校之金玉良言：没有加倍的勤奋，就既没有才能，也没有天才。 —— 门捷列夫