This screen describes a valuation assumption definition and identifies the type of funding or accounting valuation for which it is intended.

• Description: records a detailed description of the assumption definition. This text is also displayed with the definition in DB Precision.
• Type: classifies the definition as Funding - ERISA, Funding - Non-ERISA, Funding - Multiemployer, Accounting - FASB, or Accounting - GASB. The selected type determines how the definition is identified and used in valuation processing.

The actual assumptions are stored in the effective-dated Valuation Assumption Provisions beneath the definition.