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Cash Balance, Floor Benefit, Target Benefit and Other Variations of Traditional Retirement Plans
that there is a guaranteed interest rate credit. Annuity benefits are then derived from these phantom balances ... same as the index for the increasing annuity. Assume no mortality until age 65, because upon death, the ...- Authors: Gordon Gould, Timothy Marnell, Larry D Stahly
- Date: Apr 1988
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: Record of the Society of Actuaries
- Topics: Pensions & Retirement>Corporate plans