### Question
Can you define what advance funding actuarial cost method" or "actuarial cost method means?


### Answer
**Advance funding actuarial cost method" or "actuarial cost method** is defined as the following in *29 U.S.C. § 1002*:

> a recognized actuarial technique utilized for establishing the amount and incidence of the annual actuarial cost of pension plan benefits and expenses

#### Citation:
  - *29 U.S.C. § 1002*
  - Heading: **CHAPTER 18-EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM > SUBCHAPTER I-PROTECTION OF EMPLOYEE BENEFIT RIGHTS > Subtitle A-General Provisions**

