Annual Actuarial Report
                  Work-Product Described 
                  
                  This  Work-Product (Annual Actuarial Report)  provides an actuarial opinion with respect to  either single or multiple risk pools for the purpose of computing both (a)  recommended funding factors and (b) COBRA premiums.  Non-certified claims reserves are used in the  development thereof and should not be used for any other purpose.  The Work-Product makes provision for (a)  multiple participant classes (actives, COBRAs, retirees, salaried v.  hourly,etc.), (b)  multiple benefit  options (platinum, gold and silver, e.g.)  and (c) multiple benefits (medical, Rx,  dental, vision, STD, e.g.).