Aggregate Level Cost Method

An actuarial cost method that tries to match and allocate the cost and benefit of a pension plan over the span of the plan’s life. The Aggregate Level Cost Method typically takes the present value of benefits minus asset value and spreads the excess amount over the future payroll of the participants.

Definition courtesy of Investopedia

Share This Post

Recent Articles

Privacy Policy | © 2017 Pension360 and © 2014 Policy Data Institute | Site Admin · Entries RSS ·