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  • Current Pension Actuarial Practice In Light of Financial Economics Symposium: Desirable Funding Level of Defined Benefit Pension Plans
    employer's contributions (ANQ 2002, art. 14 par. 17). An amendment to the pension plan confirming the ... are not paid as lump sums or in settlements. 17 inherent conservatism in determining the surplus ...

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    • Authors: Carole Turcotte, ANNIE FORTIN
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge>External forces and business performance
    • Topics: Pensions & Retirement>Pension finance; Pensions & Retirement>Risk management
  • Current Pension Actuarial Practice in Light of Financial Economics Symposium: Pension Funds - A Capital Adequacy Test with a Soft Mismatch Cushion
    follows: ƒ The funding index φ(t) increased by 17 percent. ƒ The historical maximum funding index ... index ρ(t) = φ(t) / µ(t) increased by approximately 17% – 4% = 13%. ƒ However, the floor θ5%(t) increased ...

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    • Authors: Roland P van Gaalen
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Topics: Pensions & Retirement>Pension finance; Pensions & Retirement>Risk management