Detail

1. The first part of the report shall contain statistics as at the valuation date in respect of the following—

(a) Changes in the membership of the fund during the intervaluation period as well as the membership of the fund on the valuation date as follows—

Age Group	Number of members at beginning of period	Number of new members	Number of Cessations of Membership				Number of members at the end of the period
Age Group	Number of members at beginning of period	Number of new members	Transfer or on deferred pensions	Withdrawal	Death	Retirement	Number of members at the end of the period
Under 25
25–30
30–35
35–40
40–45
45–50
50–55
55–60
60 and above
TOTAL

(b) Changes in the number of pensioners of the fund during the intervaluation period as follows—

Age Group	Number of pensioners at beginning of period		Number of pensioners on pension during period		Number of pensioners who die during period		No of pensioners ceasing to receive penion for other cause		Number of pensioners at end of period
	III-health	Age	III-health	Age	III-health	Age	III-health	Age	III-health	Age
Under 35
35–45
45–55
55–65
65–75
75 and Over
TOTAL

3. The final part of the report shall contain information about the results of the valuation, an analysis of the surplus or deficiency shown and a recommendation as to how much of the surplus can be regarded as disposable, or, if a deficiency, the manner in which the deficiency can be liquidated.

4. The report shall close with any further observations the actuary may wish to offer on the valuation.

Revised Laws of Saint Lucia (2023)