Annexure

Form of Summary of Report by Valuator

Name of fund: .............................................................................................................................

Name of participating employer: .................................................................................................

(delete where not applicable)

Financial year: .............................................................................................................................

Valuator: .....................................................................................................................................

Membership details: ...................................................................................................................

Particulars of financial condition of the fund/participating employer

(delete where not applicable, and consistently throughout)

The fair value of the net assets of the fund / participating employer, after deduction of current liabilities and any liabilities arising from the pledging, hypothecation or other encumbering of the assets of the fund / participating employer:

....................................................................................................................................................

The actuarial value of assets of the fund / participating employer, for purposes of comparison with the accrued liabilities of the fund / participating employer:

....................................................................................................................................................

A brief description of the basis employed in calculating the actuarial value of the assets:

....................................................................................................................................................

The accrued liabilities of the fund / participating employer:

....................................................................................................................................................

The contribution rate(s) of the fund / participating employer:

....................................................................................................................................................

Any other particulars deemed necessary by the valuator for the purpose of this summary (e.g. details about contingency reserves):

....................................................................................................................................................

A statement as to whether or not the fund / participating employer is in a sound financial condition for the purposes of the Pension Funds Act, 1956.

....................................................................................................................................................

Prepared by me: