DEFINED CONTRIBUTION BASED PENSION PLANS

被引：1
|
作者：
Lindset, S. [1 ]
机构：
[1] Trondheim Business Sch, N-7004 Trondheim, Norway
来源：
ANNALS OF ACTUARIAL SCIENCE | 2006年 / 1卷 / 01期
关键词：
Defined Contribution Based Pension Plans; Risk Management; Forward-Start Guarantees;
D O I：
10.1017/S1748499500000087
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this paper we address the problem of valuing (corporate) pension plans, and in particular defined contribution based pension plans. Several pension plans are proposed, both with and without rate of return guarantees. Both maturity and annual guarantees are considered. Emphasis is also given to the risk management of pension plans. To tie the analysis closer to real-world problems, we allow for both periodic premium and pension payments and mortality risk to be taken into account. Some new results on forward-start guarantees are also derived.
引用
收藏
页码：129 / 164
页数：36
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