Actuarial matters

Actuarial situation

The result of the actuarial valuation as at 31 December 2003 was an actuarial surplus of 1.14 per cent of pensionable remuneration.

Article 119 Insurance companies engaging in insurance of persons must appoint and employ actuarial professionals recognized by the financial supervision and regulation department and establish an actuarial reporting system.

Same story for fairness.

The Fairness of Financial Rescue

Why Pay More for Fairness?

Figure 4 United Nations Joint Staff Pension Fund evolution of actuarial situation since 1990

The second foundation is fairness reciprocity.

Then the fairness objection goes away.

The actuarial report will show required contributions and imbalances, an analysis of gains and losses, calculations of the actuarial value of accrued benefits, hypothetical projection results over 30 years and the results of monitoring of the two track system.

He submits that his case relates to the procedural fairness of the Supreme Court proceedings rather than to the fairness of their outcome.

In all fairness, he did do his best.

The United Nations Joint Staff Pension Board approved their statement on the actuarial position of the Fund.

In fairness, Miller did not attack the statue itself.

There must be fairness and equal justice for all.

We know what fairness and justice and opportunity look like.

Our conception of development necessarily includes the idea of fairness.

The Tribunal enjoys a high reputation for fairness and integrity.

The Board of Auditors has repeatedly reported this issue, with no result so far other than an improved actuarial computation.

His delegation was pleased that the Fund's value had increased substantially and that actuarial valuations had shown surpluses since 1997.

UNODC has now received information on the actuarial valuation, which shows that the potential liability will substantially exceed available reserves.

So, fairness to one and to the other is not divisible.

(d) Offenders and victims accountability and fairness in the justice process.

3. Notes that the Board approved the recommendation of the Working Group to eliminate the 1.5 percentage point reduction in the first consumer price index adjustment due to existing and future beneficiaries, subject to an actuarial surplus being revealed in the actuarial valuation to be performed as at 31 December 2003

(a) Preparation of an actuarial valuation to be performed in 2006, on the basis of data as at 31 December 2005, including production of the formal report and preparation of various papers for the Committee of Actuaries and United Nations Joint Staff Pension Board pertaining to the regular actuarial valuation work.

Once accepted, the study would be conducted by a specialized consulting firm and carried out concurrently with the next actuarial valuation.

The actuarial valuation of the post retirement health insurance benefits of UNDP and the United Nations Secretariat is carried out jointly.

11. Stresses that the staff selection system must provide transparency and fairness

This will guarantee the fairness, equality, rationality and universality of international arrangements.

Justice and fairness have become an integral requirement of modern day existence.

Which shows that within any country, the disagreement isn't over harm and fairness.

The aim should be to avoid volatility and to ensure stability and fairness.

And I want us to conduct our work with transparency, efficiency and fairness.

Concerns about fairness and integrity were raised by staff in the 2004 integrity survey.

Creation of such a post would mitigate risk by improving the quality of the actuarial valuation and related projections, particularly in relation to demographic trends.

Many suggested that international supervision of the elections would be necessary to ensure their fairness.

Everybody I mean, we debate over what's fair but everybody agrees that harm and fairness matter.

Auctioneers are to be selected with the adequate profile in initiative, creativity, flexibility, integrity and fairness.

Ontario has also introduced the Ontario Domestic Assault Risk Assessment (ODARA), an actuarial risk assessment tool used by frontline police officers in cases involving male on female assault.

But if fairness were the only thing at stake, there would have been an easy and obvious solution.

(b) Ensuring that all civilian and military proceedings abide by international standards of due process, fairness and impartiality

(e) To ensure that the conditions of pre trial detention do not undermine the fairness of the trial

(b) Ensuring that all civilian and military proceedings abide by international standards of due process, fairness and impartiality

We also stress the importance of establishing an international multilateral trade system characterized by fairness and equality for all.