What Is Actuarial Balance?
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- Actuarial balance is the difference between future Social Security obligations and the income rate of the Social Security Trust Fund as of the present.
Explanation:
Actuarial balance is calculated for 66 different valuation periods, beginning with the upcoming 10-year period and growing with each successive year up to the full 75-year projection. If at any point over the 75-year projection the anticipated costs of Social Security exceed the future value of the trust fund's income, that period would be deemed to be out of actuarial balance.
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