Section 34 Prescribed Guidance MVA Factors from May 2014

Disclaimer: This information is provided to facilitate Scheme Actuaries in verifying MVA calculations for the purposes of the Pensions Authority’s “Prescribed Guidance in relation to Section 34 of the Pensions Act, 1990”.  The Society endeavours to ensure that the information shown is correct.  However, the Society does not accept responsibility for any party’s reliance on the information shown or for any action taken on foot of the information shown.  Should you believe that any information shown is incorrect, please contact the Society at info@actuaries.ie.
*These factors are calculated in accordance with the Pensions Authority Prescribed Guidance in relation to Section 34 of the Pensions Act, Version 02, effective from 1 January 2017
Month & Year 5.75% France Tresor 2032 MVA 1 3.15% France Tresor 2032 MVA 2
August 31, 2017 1.06% 1.451 -0.39% 1.501
July 31, 2017 1.17% 1.408 -0.29% 1.453
June 30, 2017 1.17% 1.408   -0.23% 1.453
May 31, 2017 1.11% 1.451 -0.28% 1.453
April 30, 2017 1.20% 1.408  -0.29% 1.453
March 31, 2017 1.39% 1.367   -0.10% 1.406
February 28, 2017 1.29% 1.408 -0.22% 1.453
January 31, 2017 1.44% 1.367 -0.20% 1.453
*December 31, 2016 1.05% 1.451 -0.49% 1.501
November 30, 2016 1.10% 1.485 -0.29% 1.413
October 31, 2016 0.77% 1.530 -0.54% 1.461
September 30, 2016 0.48%  1.577 -0.72%  1.510
August 31, 2016 0.53% 1.577 -0.57% 1.461
July 31, 2016 0.39% 1.577 -0.76% 1.510
June 30, 2016 0.47% 1.577 -0.63% 1.510
May 31, 2016 0.907% 1.485 -0.326% 1.413
April 30, 2016 1.114% 1.485 -0.228% 1.413
March 31, 2016 0.91% 1.485 -0.31% 1.413
February 29, 2016 1.00% 1.485 -0.02% 1.368
January 31, 2016 1.20% 1.442 -0.06% 1.368
December 31, 2015 1.56% 1.400 0.18% 1.324
November 30, 2015 1.34% 1.442 -0.26% 1.413
October 31, 2015 1.35% 1.442 -0.16% 1.413
September 30, 2015 1.49% 1.400 0.13% 1.324
August 31, 2015 1.70% 1.360 0.17% 1.324
July 31, 2015 1.44% 1.40 -0.14% 1.413
June 30, 2015 1.74% 1.360 0.07% 1.368
May 31, 2015 1.22% 1.442 -0.29% 1.413
April 30, 2015 0.978% 1.485 -0.638% 1.51
March 31, 2015 0.79% 1.53 -0.67% 1.51
February 28, 2015 1.03% 1.485 -0.39% 1.461
January 31, 2015 0.99% 1.485 -0.27% 1.413
December 31, 2014 1.472% 1.400 0.167% 1.324
November 30, 2014 1.602% 1.400 0.187% 1.324
October 31, 2014 1.83% 1.36 0.29% 1.324
September 30, 2014 1.933% 1.321 0.282% 1.324
August 31, 2014 1.855% 1.360 0.166% 1.324
July 31, 2014 2.137% 1.284 0.372% 1.324
June 30, 2014 2.328% 1.284 0.599% 1.281
May 31, 2014 2.461% 1.248  0.667% 1.240