The Dynamics of Pension Funding. Contribution Theory.
Abstract
A general model for a pension plan involving growth with respect to the population, salaries and retirement benefits is used to study contribution patterns that may arise under different actuarial cost methods. Detailed results are presented for the case where the growth of population and salaries are described by exponential functions. Economic implications are presented and discussed. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 01, 1978
- Accession Number
- ADA060622
Entities
People
- C. J. Nesbitt
- James C. Hickman
- N. L. Bowers
Organizations
- University of Wisconsin–Madison