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Cash Balance Symposium Monograph, Chapter 1: Economic Design of Cash Balance Pension Plans
with the total return on an equity index (e.g., the S&P 500). This result challenges common sense, actuarial ... Suppose that the investment crediting rate equals the S&P index less 1% annually. In this case, of course ...- Authors: Jeremy Gold
- Date: Jan 2001
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Hybrid plans