Method in Your Madness
Ups and Downs
Minimum Effort
Take Me to Your Leader
I AM Your PM
100
It is used to determine Funding Target and Target Normal Cost.
What is the Unit Credit method?
100
It occurs with a salary-based plan if salary increases are greater than expected.
What is an actuarial loss?
100
Excluding expenses, it is zero for a frozen plan.
What is the Target Normal Cost?
100
This person was a teacher before deciding to become an actuary.
Who is Tim Maxson?
100
He and his spouse just welcomed their third baby boy to their family.
Who is Matt Feipel?
200
It is used to determine the PBO for ASC 715.
What is the Projected Unit Credit method?
200
This type of study helps an actuary set assumptions for a plan.
What is an experience study?
200
You add these up to get your Shortfall Amortization Charge.
What are the Shortfall Amortization Installments?
200
This person has bungee jumped, sky dived and passed all their actuarial exams.
Who is Dave Woelfel?
200
Prior to joining Buck/Conduent, he worked in the UK but is originally from Nigeria.
Who is Femi Balogun?
300
This is the longest period an asset smoothing method can be applied for minimum funding requirements.
What is 24 months?
300
Changes in this assumption typically has the greatest impact on cost.
What is the interest rate or discount rate?
300
7 years.
What are the number of years over which you amortize a Shortfall Amortization Base?
300
This person has been to Vietnam, Cambodia, and Krakow.
Who is Scot Martin?
300
He is a graduate from Indiana University, and plays classical music in his office while reviewing valuations.
Who is John Dobbs?
400
This company was the first to use the spot rate method to determine Interest Cost for ASC 715 results.
Who is AT&T?
400
This type of withdrawal table varies the assumptions by years of service.
What is Select & Ultimate?
400
A plan has to be at least this well funded to be able to use its funding balances the following year.
What is 80%?
400
This person played on their university's tennis team.
Who is Julia Carpenter?
400
He travels to the Fort Wayne office from another state.
Who is Cory Sehlhorst?
500
This is the most the Funding Target can change due to a software update without having to request approval.
What is 2%?
500
Only gains and losses outside this corridor are amortized for ASC 715.
What is 10%
500
Of the 2 types of funding balances, you have to use this type of funding balance first.
What is the Carryover Balance?
500
This person lives near Usher's mother.
Who is Craig Greenwald?
500
His nickname is triple "D".
Who is Darrell Doddridge?
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