Actuarial Valuations

Actuarial Valuations of both state and non-state pension funds are crucial to ensuring medium and long-term financial controls and sustainability. 

Applying international standards to the local situation, Callund can assess the financial soundness of a pension scheme and cost the impact of changes in key structural parameters, such as contribution rates, benefit design, mortality, retirement age and economic factors.  Based on this analysis, we recommend actuarially sound solutions to strengthen the financial stability of a scheme. 

For private pension systems, Callund also develops guidelines for actuarial analysis and reporting and the assessment of unfunded liabilities.