Description: Chapter 6 summarizes the findings for key actuarial assumptions in each of the following categories: active mortality, disablement rates, withdrawal rates, retirement rates, retiree mortality, disabled mortality, interest rates, salary scales, actuarial cost methods, ans asset valuation methods. From A Study of Public Employees Retirement Systems, M-RS96-1.

Description: Chapter 6 raises employee issues, including why there is any cost associated with DROP, the factors which influence an individual's selection, and how the lump sum money is used. From Design and Actuarial Aspects of Deferred Retirement Option Programs, M-RS03-2.