Method of financing unfunded liabilities

A method comprising:

• providing a server operable to receive and transmit electronic data, the server including a processor module and a computer readable electronic storage module;
• receiving, by the server, a population data set including demographic data for each member of a predetermined population;
• generating, by the server, a plurality of target data sets, each target data set being a data set selecting from a group consisting of a mortality data set, a morbidity data set and investment data set, and the target data set also being defined by a group of members of the population data set having a common set of demographic data and each target data set including a target rate for that defined group of members, with the target rate being selected from a group consisting of a mortality rate, a morbidity rate or an investment rate;
• generating, by the server, a financial target data set including the population data set and indicating, for each target data set, a per member average required insurance benefit;
• transmitting, by the server, the financial target data set to a plurality of insurance vendors;
• receiving, by the server, from each of at least two insurance vendors a rate table including the vendor's per member insurance premium rate for each target data set;
• generating, by the server, a proportional rating for each insurance vendor;
• and
• generating, by the server, a final rate table having a per member insurance premium rate for each target data set, the insurance premium rate selected for each target data set being the lowest vendor rate, as adjusted by the proportional rating for that vendor, for that target data set.