考北美精算师的莘莘学子们，有木有正在为找不到正牌的大纲发愁的？SOA精算师考试北美：真题珍藏Course8RC（第二部分），就是了。
　　equate retirement income and protect principal? Support your answer.
　　(b) How might the asset classes differ for the participant-directed accounts in the
　　PPA?
　　(c) Identify the fiduciary risks inherent in the new plans.
 
　　3. (8 points) You have been appointed the new actuary for the NOC Full-Time Salaried
　　Pension Plan. Your first task is to prepare a funding valuation as of January 1, 2006.
　　(a) Explain how you would test the census and asset data to assure it is appropriate
　　for the valuation.
　　(b) Evaluate the existing demographic assumptions.
　　COURSE 8: Fall 2005 - 3 - GO TO NEXT PAGE
　　Retirement Benefits,
　　Comprehensive Segment – Canada
　　Morning Session
　　Questions 1 – 5 pertain to the Case Study
 
　　4. (11 points) NOC has offered an early retirement window to active participants of the
　　Full-Time Hourly Union Pension Plan who are at least age 50 with 10 or more years of
　　service. Employees who accept the window will receive:
　　? 5 extra years of service, for purposes of determining their accrued benefit; and
　　? 5 extra years of age, for purposes of determining their early retirement reduction
　　factor.
　　Five hundred employees accept the early retirement window offer and retire on
　　January 1, 2005.
　　For the 500 employees accepting the window, you are given:
　　? ABO (prior to window) $140,000,000
　　? 2005 Service Cost (prior to window) $ 10,000,000
　　? 2005 Expected Benefit Payments (prior
　　to window)
　　$ 0
　　? ABO (with immediate retirement) $150,000,000
　　? ABO (with immediate retirement and
　　enhanced window benefits)
　　$225,000,000
　　? 2005 Expected Benefit Payments (with
　　immediate retirement and enhanced
　　window benefits)
　　$ 17,000,000
　　The expected future working years for various groups are as follows:
　　? All plan participants: 67,000
　　? All plan participants who accepted the
　　early retirement wi
　　高顿网校之经典总结：没有人事先了解自己到底有多大的力量，直到他试过以后才知道。——歌德