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... was held as the Fund provides lifetime pensions in the Defined Benefit category The vested benefit index (VBI) of the Defined Benefit category of which Council is a contributing employer was 109.8% . ...
... is expected to be completed by 31 December 2023. Council was notified of the 30 June 2023 VBI during August 2023 (2022: August 2022) . The financial assumptions used to calculate the ...
... was conducted and completed by the due date of 31 December 2020. The vested benefit index (VBI) of the Defined Benefit category of which Council is a contributing employer was 104.6% . ...
... held as the Fund provides lifetime pensions in the Defined Benefit category. The vested benefit index (VBI) of the Defined Benefit category of which Council is a contributing employer was 107.1% . ...
... at 30 June 2017, a full triennial actuarial investigation was completed. The vested benefit index (VBI) of the Defined Benefit category of which Council is a contributing employer was 103.1% . ...
Agenda - Ordinary Council 19 September YYYY
... held as the Fund provides lifetime pensions in the Defined Benefit category. The vested benefit index (VBI) of the Defined Benefit category of which Council is a contributing employer was 102.0% . ...
... (APRA) introduced a new defined benefit prudential standard. Each quarter the vested benefit index (VBI), the financial position of the defined benefits fund, is calculated with actuarial valuations undertaken ...
... held as the Fund provides lifetime pensions in the Defined Benefit category. The vested benefit index (VBI) of the Defined Benefit category of which Council is a contributing employer was 106.0% . ...
... in an unsatisfactory financial position at an Accumulation actuarial investigation (i.e. its vested benefit index (VBI) is less than 100% at the date of the actuarial The Fund's accumulation category, ...
... make additional contributions to the scheme. Vision Super have advised that the estimated Vested Benefit Index (VBI) of the defined benefit category as at 30 June 2020 was 104.6% . Anything above ...