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Discussion of Papers Presented at Earlier Regional Meetings
Equation (3) then becomes "Yo~ = (V / i i ; l - B)/(1/S~-O = (1 + i )"V -- B~- t . (7) Use of equation ... from equation (8) that VFN must not be less than s~. The first of these bounds was noted by Trowbridge ...- Authors: Barnet N Berin, Cecil J Nesbitt, John R Taylor, Charles L. Trowbridge, Schuyler W Tompson
- Date: Apr 1967
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Funding
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The Generalized Family of Aggregate Actuarial Cost Methods for Pension Funding
a is the reciprocal of the average temporary annuity, weighted by l,. When t - -1 r - -1 we obtain ... For Class IV methods, a, is an average temporary annuity, weighted by normal costs (or by benefits, if ...- Authors: John R Taylor
- Date: Apr 1967
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Funding