Publisher： Cambridge University Press
E-ISSN： 1783-1350|25|2|177-187
ISSN： 0515-0361
Source： ASTIN Bulletin, Vol.25, Iss.2, 1995-11, pp. : 177-187
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Abstract
The paper extends earlier results by demonstrating that there is an optimal range of values for the period for amortizing valuation surpluses or deficiencies, in the case when there is a one year time delay between fixing a contribution rate and the accounting information about current fund levels. The optimal range is compared for the cases where there is no time delay and there is a one year time delay.
Related content
The Treatment of Assets in Pension Funding
ASTIN Bulletin, Vol. 34, Iss. 2, 2004-11 ,pp. :
Access to resources
Recommend
Stochastic Pension Funding: Proportional Control and Bilinear Processes
ASTIN Bulletin, Vol. 29, Iss. 2, 1999-11 ,pp. :
Pension Funding and the Actuarial Assumption Concerning Investment Returns
ASTIN Bulletin, Vol. 33, Iss. 2, 2003-11 ,pp. :