What is the standard fee for calculating the present value of a pension?
Certain services are provided automatically by the administrator of your pension plan. You should check first with your administrator to see if they can assist you. The balance of the response assumes that you need a calculation of the present value of your pension for personal purposes and cannot get it from your pension plan administrator. It is difficult to comment on fee levels for services provided by our members as many factors come into play in setting fee levels. Fees for actuarial services are ultimately based on market conditions and the individual firm’s or practitioner’s pricing policy. If you have any concerns regarding fee levels for services being quoted to you by an actuary, or firm providing actuarial services, it is best bet is to seek comparable quotes from other providers.
