Actuarial Matters

Pension Review Board Staff on August 4, 2022

Texas Pension Review Board

Minimum Educational Training Program

This course explores concepts central to actuarial science to provide an understanding of the role of actuaries in pensions and the importance of actuarial science to the future health of the pension plan.

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Dashboard

Pension Funding Basics

Introduction
Lesson 1 of 5 within section Pension Funding Basics. You must enroll in this course to access course content.
Pension Financing Basics
Lesson 2 of 5 within section Pension Funding Basics. You must enroll in this course to access course content.
Pay-as-You-Go
Lesson 3 of 5 within section Pension Funding Basics. You must enroll in this course to access course content.
Pre-funding
Lesson 4 of 5 within section Pension Funding Basics. You must enroll in this course to access course content.
Cost vs. Cost Estimates
Lesson 5 of 5 within section Pension Funding Basics. You must enroll in this course to access course content.
Has Quiz

Actuarial Reporting and Methodologies

Actuarial Reporting
Lesson 1 of 9 within section Actuarial Reporting and Methodologies. You must enroll in this course to access course content.
Actuarial Valuation
Lesson 2 of 9 within section Actuarial Reporting and Methodologies. You must enroll in this course to access course content.
Valuation Process
Lesson 3 of 9 within section Actuarial Reporting and Methodologies. You must enroll in this course to access course content.
Calculating Pension Obligations
Lesson 4 of 9 within section Actuarial Reporting and Methodologies. You must enroll in this course to access course content.
Actuarial Cost Methods
Lesson 5 of 9 within section Actuarial Reporting and Methodologies. You must enroll in this course to access course content.
Assets and Asset Smoothing
Lesson 6 of 9 within section Actuarial Reporting and Methodologies. You must enroll in this course to access course content.
Actuarial Liabilities and Surplus
Lesson 7 of 9 within section Actuarial Reporting and Methodologies. You must enroll in this course to access course content.
Contributions 
Lesson 8 of 9 within section Actuarial Reporting and Methodologies. You must enroll in this course to access course content.
Amortization Policy
Lesson 9 of 9 within section Actuarial Reporting and Methodologies. You must enroll in this course to access course content.
Has Quiz

Actuarial Assumptions

Actuarial Assumptions
Lesson 1 of 3 within section Actuarial Assumptions. You must enroll in this course to access course content.
Types of Assumptions
Lesson 2 of 3 within section Actuarial Assumptions. You must enroll in this course to access course content.
Monitoring Assumptions
Lesson 3 of 3 within section Actuarial Assumptions. You must enroll in this course to access course content.
Has Quiz

Funding Policies and Financial Health Measures

Funding Policy
Lesson 1 of 8 within section Funding Policies and Financial Health Measures. You must enroll in this course to access course content.
Core Components of a Funding Policy 
Lesson 2 of 8 within section Funding Policies and Financial Health Measures. You must enroll in this course to access course content.
Funding Soundness Restoration Plan
Lesson 3 of 8 within section Funding Policies and Financial Health Measures. You must enroll in this course to access course content.
Tying it All Together
Lesson 4 of 8 within section Funding Policies and Financial Health Measures. You must enroll in this course to access course content.
Sample Actuarial Evaluation for a Fixed Rate Plan
Lesson 5 of 8 within section Funding Policies and Financial Health Measures. You must enroll in this course to access course content.
Reviewing an Actuarial Valuation
Lesson 6 of 8 within section Funding Policies and Financial Health Measures. You must enroll in this course to access course content.
Helpful Links
Lesson 7 of 8 within section Funding Policies and Financial Health Measures. You must enroll in this course to access course content.
Final Quiz
Lesson 8 of 8 within section Funding Policies and Financial Health Measures. You must enroll in this course to access course content.
Has Quiz
Course Survey