Actuarial calculations

All companies of a certain size with defined benefit pension plans must account for their pension costs and obligations. We can help you prepare such financial statements in accordance with Norwegian and international accounting standards.

In an actuarial calculation, pension costs and pension obligations are usually calculated according to the Norwegian Accounting Standard (NRS 6) or the International Accounting Standard (IFRS - IAS 19, UK GAAP, or US GAAP). The calculations are based on various economic and actuarial assumptions, and sensitivity calculations illustrate the effects of changes in assumptions. We have extensive experience with actuarial calculations and also perform calculations related to uninsured pensions over operations.

We understand that these are complex calculations and therefore work actively to present the calculation results in an understandable way. Our actuarial calculations are accompanied by a report that summarizes and provides a good overview of the pension plans. It includes, among other things, an overview of demographics, fund assets, returns, and asset allocation in life insurance companies. We also comment on the calculation results and summarize frequently asked questions (FAQs).