Skip Navigation Links
frame_top
LVmed_01LVmed_02
LIABILITIES

  • Generational mortality
  • Meets all FAS, GASB, IAS and NAIC requirements regarding post-employment benefits
  • Projected Unit Credit and Entry Age Normal cost methods
  • Choice of start and end of attribution period
  • Multiple benefits or claims can be run simultaneously
  • Includes valuation and 40, 80, or 120-year forecasts of medical, dental, life insurance and other postemployment benefits
  • Menus take into account most plan features being used today and entry point programming is available for future developments
  • Plan features such as service proration, benefit caps, all Medicare coordination methods
  • Percent electing coverage and contribution levels based on age, service and points
  • Multiple decrements for retirement, death, disablement, other withdrawal
  • Assumptions for 40 years of claim trend rates, Medicare changes, contributions, deductibles, coinsurance and interest rates, each of which can vary pre and post-65
  • Separate age and sex-based assumptions for claims for current retirees, new retirees, disabled participants, dependents, as well as Medicare reimbursement, contributions, deductibles and coinsurance
  • Closed and open group forecasts with flexible new entrant assumptions

TOOLS

  • Entry-point flexibility with automated programming wizard
  • MS Access database integration
  • Data management and configuration
  • Batch valuation processing
  • Actuarial table manager

Lynchval Systems Worldwide Inc. provides and supports LVxact, the most comprehensive, technologically advanced pension, OPEB product and service suite available on the market today.

LVxact expert actuarial solutions suite
PRODUCTS
LVval for pension valuation
LVmed for OPEB valuation
LValm for asset liability modeling
LVadmin for defined benefit administration 		 
LVa4 for 401(a)(4) cross testing
LVpacs for pensions accounting and control
LVobj for administrator / participant interface
LVdc for defined contribution
CONSULTING SERVICES
Service Bureau
Technology Consulting
Web Hosting 		 
OPEB–FAS / GASB
Pension Actuarial
Plan Conversion
<< Back