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  • Investigation of Unfunded Liability in a Simplified Pension Fund Model
    salary at retirement normally in the form of an annuity. Additional benefits due to other contingencies ... t. Let and (3.2) g(s) = E Pr(X, = x)sX; Is] < 1 (3.3) all n Ut(s) = E Pr(F(t ) = j)sJ; Isl ...

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    • Authors: P.W.A. Dayananda
    • Date: Jan 1998
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Actuarial Research Clearing House
    • Topics: Pensions & Retirement>Funding