ACTUARIALLY DETERMINED CONTRIBUTION

a potential payment – by a non-retired participant – to prefund the retiree group benefits program. The payment is determined by using a contribution allocation procedure. Moreover, the payment may-or-may-not be the amount that is actually paid by the plan sponsor (or contributing entity). Plus, the contribution does not include the development of premiums (or budget rates).

Congratulations! You're now Froogled Up™ on what "Actuarially Determined Contribution" means!

Feel free to use it throughout your financial/insurance life.

Sincerely,

www.FroogleMe.com