Laserfiche WebLink
<br /> <br />Process Used to Advance Fund <br />Defined Post employment Benefits <br /> <br />Period of active Employment <br /> <br />Period of active Employment <br /> <br /> <br />. <br /> <br /> <br />Step 1: Project future <br />benefit payments <br /> <br />Step 2: <br />Discount to <br />Present value <br />(PV) <br /> <br />ARC ARC ARC ARC ARC <br />J t~ <br /> <br />$ Total cost (PV) <br /> <br />Step 3: Use actual cost allocation method to assign total cost at present value <br />individual periods of employee service by means of the employer's annu <br />contribution (ARC). The future benefit or total cost is our total liability. <br />