Entry Age Normal Level Amount

Entry Age Normal Level %

Individual Level Premium

Appropriate for pension benefits that are a

level amount per year of service

Appropriate for pension benefits that are a % Appropriate for pension benefits that are a
of salary per year of service
level amount per year of service

NC is a level annual amount spread over the NC is a level annual % of salary spread over
time from date of entry into service to date of the time from date of entry into service to
retirement
date of retirement

NC is a level annual amount spread over the

time from date of entry into plan to date of
retirement

NC e:r-e = (Pension benefit)

NCe s e:r-e = U Se s e:r-e

= (Pension benefit) r(12) vr-e r-epe

NC a a:r-a = (Pension benefit)

(12)
r

ALx = (Pension benefit)

- USx s x:r-x

ALx = (Pension benefit)

- NC x:r-x

vr-x r-xpx

ALx = (Pension benefit)

- NC x:r-x

(12)
r

(12)
r

vr-e r-epe

vr-x r-xpx

(12)
r

vr-x r-xpx

(12)
r

vr-a r-apa