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  • Variable Payout Annuities
    Variable Payout Annuities In this paper, the authors assess the value of a GSA-type annuity ... authors assess the value of a GSA-type annuity within a retiree's portfolio. Variable annuities;Group ...

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    • Authors: Phelim Boyle, Mary Hardy, Anne MacKay, David Morris Saunders
    • Date: Dec 2015
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Plan design
  • Market Consistent Valuation and Funding of Cash Balance Pensions
    significant speed advantages over simulation. In Table 1, which is excerpted here for convenience, we show ... per $1 of account balance; Excerpt from Table 1 3 The table shows that all the valuation factors are ...

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    • Authors: Xintong ZHU, David Morris Saunders, Mary Hardy
    • Date: Dec 2013
    • Competency: External Forces & Industry Knowledge
    • Topics: Economics>Financial economics; Pensions & Retirement>Plan design