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2. CHOICE OF ACTUARIAL PARAMETERS. Actuarial valuations depends on what are termed as Demographic Assumptions and Financial Assumptions.Demographic Assumptions are as under.Mortality rates Mortality during the active service is very light and there is no choice except to use Standard
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1. 1 REVISED AS-15 SEMINAR CHOICE OF ACTUARIAL PARAMETERS BY
Nalin Kapadia
ACTUARIAL AND EMPLOYEE BENEFIT CONSULTANT
02-MARCH,2009.AHMEDABAD
2. 2 CHOICE OF ACTUARIAL PARAMETERS Actuarial valuations depends on what are termed as Demographic Assumptions and Financial Assumptions.
Demographic Assumptions are as under.
Mortality rates
Mortality during the active service is very light and there is no choice except to use Standard Table of Mortality Rates(LIC 1994-96).
3. 3