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Unit credit method (See Chapter 7 of the Vernimmen)
The method used to assess actuarial value (see also the projected benefit obligation) is the projected unit credit method that models the benefits vested with the entire workforce of the company at the assessment date.
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Definitions of terms begining
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Unit credit method (See Chapter 7 of the Vernimmen)
The method used to assess actuarial value (see also the projected benefit obligation) is the projected unit credit method that models the benefits vested with the entire workforce of the company at the assessment date.
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