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Your Expert Defined Benefit Valuation System
POWERFUL REPORTING • VALUATION • FUNDING • DETERMINISTIC ALM • STOCHASTIC ALM
LVval is the leading defined benefit pension actuarial tool available on the market today. As part of our suite of benefit tools called LVxact, LVval is a full system of defined benefit valuation tools that is your one-stop integrated product for both small and large plans. The standard features of LVval are anything but standard. The powerful menus allow you to define virtually any type of benefit directly and the flexibility of custom programming means that even the most non-standard benefit can be accurately valued easily and precisely. Our deterministic and stochastic Asset Liability Modeling (LValm) will project your assets and liabilities into the future with customized assumptions to test your plan’s exposure to risk. The output module is able to generate different reports from an Executive Summary all the way down to the detailed actuarial level.
 
ASSET/LIABILITY MODELING
  • Starts with the current actuarial valuation and projects liabilities into the future
  • Forecasts contribution and expense
  • Ability to customize any assumption to test your plans’ exposure to risk
  • Different funding policies help decide what is best for the plan and the plan sponsor
  • Prediction of future cash-flow and financial statement impacts from the pension plan
  • Output is available from the detailed actuarial level to executive summaries
TOOLS
  • Entry-point flexibility with automated programming wizard
  • MS Access database integration
  • Data management and configuration
  • Report manager
  • Batch valuation processing
  • Actuarial table manager
  • Individual Social Security (PIA) calculator
LIABILITIES
  • Generational mortality
  • Select and ultimate turnover & interest
  • Simultaneous multiple funding methods
  • Cash balance benefit formulas
  • Multiple decrements
  • Individualized benefit formulas
  • Multiple salary histories and averages
  • Social security benefit calculations
  • Select and ultimate disabled mortality
  • Contributory plan costing
  • Accurate and flexible Cost of Living Adjustments (COLAs)
ANALYSIS & REPORTING
  • Actuarial Gain/Loss analysis by source
  • Open/closed-group forecasts
  • Comprehensive funding & FAS 87 reporting
  • Liability modeling
  • FAS 87 projected unit credit valuations and amortization charts
  • 50-year projection of payants.

Lynchval Systems Worldwide Inc. provides and supports LVxact, the most comprehensive, technologically advanced pension, OPEB product and service suite available on the market today.

LVxact expert actuarial solutions suite
PRODUCTS
LVval for pension valuation

LVmed for OPEB valuation
LValm for asset liability modeling
LVadmin for defined benefit administration
 

LVcomply for 401(a)(4) cross testing

LVpacs for pensions accounting and control
LVobj for administrator / participant interface
LVdc for defined contribution
CONSULTING SERVICES
Service Bureau

Technology Consulting
Web Hosting
 

OPEB-FAS / GASB

Pension Actuarial
Plan Conversion
 
NEWS
The Governmental Accounting Standards Board (GASB) Q&A
more news
 
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