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New Salary Functions for Pension Valuations
Salary Functions 1 In t roduct ion Consider the s tandard salary function, denoted as Sx where x is ... (1.1) Sx Note that we only need the ratio Sy/S, and so Sx can be arbitrar i ly rescaled. Before ...- Authors: Jacques F Carriere, Kevin Shand
- Date: Jan 1998
- Competency: External Forces & Industry Knowledge
- Publication Name: Actuarial Research Clearing House
- Topics: Pensions & Retirement>Assumptions and methods