Примери за използване на Actuarial balance на Английски и техните преводи на Български
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The reasoning concerning actuarial balance pre-supposes a long-term view.
That parameter was thus not chosen in order to ensure the actuarial balance of the scheme.
The actuarial balance shall be assessed on the basis of the method for calculation set out in this chapter.
The applicant disputes that the legislature can decide the method for calculating the actuarial balance in an arbitrary fashion.
That reports merely consists of a verification of the actuarial balance as defined in Annex XII to the Staff Regulations on the basis of information provided by Eurostat.
The Eurostat report showed that an increase in the contribution rate to 8.7% was sufficient to ensure actuarial balance.
The length of the reference period is unlikely to affect actuarial balance as long as the parameter is not modified over a long period.
First of all, the actuarial balance does not take account of the pension rights earned before the calculation date, pursuant to Article 4(4)(b) of Annex XII to the Staff Regulations.
That case-law also applies to the Staff Regulations in regard to assessing the actuarial balance of the pension scheme.
In its rejoinder, the Parliament argues that maintenance of the actuarial balance is a complex matter requiring constant adaptation in the light of variations in the economic situation.
When Regulation No 723/2004 was adopted,the Council considered that it was necessary to include a method of calculation in the Staff Regulations which ensured the actuarial balance of the Community pension scheme.
Thereof, that the contribution rate to be applied to officials in order to ensure actuarial balance should have been lower than that finally fixed by the Staff Regulations, namely 9.25%.
The applicant cannot therefore rely on the principle of the protection of legitimate expectations to challenge the lawfulness of the new provisions concerning the method of calculating actuarial balance.
Officials- Pensions- Financing of the pension scheme- Rules for maintaining the actuarial balance of the Community pension scheme.
In other words, the definition of actuarial balance adopted in Annex XII to the Staff Regulations takes no account of contributions made up to 30 April 2004 and postulates that the rights earned up to that date had been covered in accordance with the financing allocation.
As has been said earlier,the length of the reference period is unlikely to affect actuarial balance as long as the parameter is not modified over a long period.
Inasmuch as that rate serves to calculate the future value of the contributions paid by officials during the current year, the lower it is,the higher officials' contributions must be in order to ensure the actuarial balance of the system.
To take account of the values actually observed,maintaining the actuarial balance requires a periodic adjustment of those hypotheses, which Article 2(1) of Annex XII provides is to be carried out annually.
As to the merits,the Parliament contends that the increase in the contribution rate for officials was necessary to maintain the actuarial balance of the Community pension scheme.
In the present case, the actuarial balance of the Community pension scheme, the detailed rules for which are laid down in Annex XII to the Staff Regulations, requires the taking into account, in the long term, of economic developments and financial variables, and requires complex statistical calculations.
Even supposing, quod non, that there had been a‘political deal',as the applicant claims, the predominant purpose of Annex XII was to lay down a procedure which ensured the actuarial balance of the pension scheme.
The applicant claims that the method for calculation laid down in Annex XII to the Staff Regulations,allegedly drawn up to ensure the actuarial balance of the Community pension scheme, was in fact prepared in order to justify an increase in the rate at which officials were to contribute to the pension scheme.
As can be seen from the provisions of Article 83a(1) of the Staff Regulations, read together with Article 4(1) of Annex XII thereto,the objective of the method for calculation set out in that Annex is to ensure the actuarial balance of the Community pension scheme.
Because the actuarial balance of the Community pension scheme, the detailed rules for which are laid down in Annex XII to the Staff Regulations, requires the taking into account, in the long term, of economic developments and financial variables, and requires complex statistical calculations, the Community legislature enjoys a wide discretion in adopting the detailed rules to ensure the actuarial balance of the pension scheme.
As can be seen from the provisions of Article 83a(1) of the Staff Regulations, read together with Article 4(1) of Annex XII thereto,the objective of the method for calculation set out in that Annex is to ensure the actuarial balance of the Community pension scheme.
Although the Parliament had assured its officials and other staff on several occasions that their contributions would be increased only in so far as was strictly necessary to maintain actuarial balance, the contribution was increased very much beyond that, in an artificial manner and contrary to the principle of actuarial balance.
In its statement in intervention, the Council states that the method of calculation laid down in Annex XII to the Staff Regulations is solely intended to achieve the objective, common to both the old andthe new Staff Regulations, of ensuring the actuarial balance of the pension scheme.
The contribution rate was thus fixed at 9.25%,whereas the Eurostat study of September 2003 indicated clearly that a contribution rate of 8.91% was sufficient to ensure actuarial balance and even envisaged that the entry into force of the new Staff Regulations would allow the rate to be lowered to about 8.7%.
However, the method laid down in Annex XII to the Staff Regulations and its parameters, in particular, the fixing at 12 years of the reference period for the calculation of the real average interest rate, is not inappropriate having regard to the goal to be attained,namely actuarial balance.
As has been set out in paragraphs 95 to 97 of this judgment, the calculation of the average real interest rate over a shorter or a longer period, in itself,does not have any influence on the actuarial balance because the only function of that period is to ensure the smoothing over time of the interest rate and, consequently, the contribution rate.