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Cost of Vesting in Private Pension Plans
sizes that the cost depends upon interest, mortality, withdrawal rates, entry age, salary scales, ... essentially indepen- dent of (4) interest, (5) mortality, (6) the rates of employee withdrawal before ...- Authors: Donald S Grubbs, Claude Y Paquin, Harry S Purnell, Arnold Shapiro, Paulette Tino, Howard E Winklevoss, Charles L. Trowbridge
- Date: Oct 1972
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Actuarial Profession>Competencies; Pensions & Retirement>Assumptions and methods
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Estimating the Cost of Vesting in Pension Plans
_< r; s = Age at which a vested terminated employee becomes separated from employment, z < s < r ' ... entered at age a, terminated at age s, and is in a preretirement status (s < x < r) is ,_,g, ,_aS~ r - ...- Authors: Arnold Shapiro, Howard E Winklevoss
- Date: Oct 1972
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Actuarial Profession>Competencies; Pensions & Retirement>Assumptions and methods