LIABILITIES
- Generational mortality
- Select and ultimate turnover & interest
- Simultaneous multiple funding methods
- Cash balance benefit formulas
- Multiple decrements
- Individualized benefit formulas
- Multiple salary histories and averages
- Social security benefit calculations
- Select and ultimate disabled mortality
- Contributory plan costing
- Accurate and flexible Cost of Living
Adjustments (COLAs)
ANALYSIS & REPORTING
- Actuarial Gain/Loss analysis by source
- Open/closed-group forecasts
- Comprehensive funding & FAS 87 reporting
- Liability modeling
- FAS 87 projected unit credit valuations and
amortization charts
- 50-year projection of payants.
ASSET/LIABILITY MODELING
- Starts with the current actuarial valuation and projects
liabilities into the future
- Forecasts contribution and expense
- Ability to customize any assumption to test your plans’
exposure to risk
- Different funding policies help decide what is best for
the plan and the plan sponsor
- Prediction of future cash-flow and financial statement
impacts from the pension plan
- Output is available from the detailed actuarial level to
executive summaries
TOOLS
- Entry-point flexibility with automated programming wizard
- MS Access database integration
- Data management and configuration
- Report manager
- Batch valuation processing
- Actuarial table manager
- Individual Social Security (PIA) calculator
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Lynchval Systems Worldwide Inc. provides and supports LVxact,
the most comprehensive, technologically advanced pension, OPEB product and service
suite available on the market today.
PRODUCTS
LVval for pension valuation
LVmed for OPEB valuation
LValm for asset liability modeling
LVadmin for defined benefit administration
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LVa4 for 401(a)(4) cross testing
LVpacs for pensions accounting and control
LVobj for administrator / participant interface
LVdc for defined contribution
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CONSULTING SERVICES
Service Bureau
Technology Consulting
Web Hosting
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OPEB–FAS / GASB
Pension Actuarial
Plan Conversion
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