Pension Mathematics ith Numerical Illustrations [Hardcover]

A text that quantifies and provides new or improved actuarial notation for long recognized pension cost concepts and procedures and, in certain areas, develops new insights and techniques. With the exception of the first few chapters, the text is a virtual rewrite of the first edition of 1977. Among the major additions are chapters on statutory funding requirements, pension accounting, funding policy analysis, asset allocation, and retiree health benefits.

From the Pension Research Council of the Wharton School

List of Tables
List of Figures

Foreword from the First Edition
Preface

Ch. 1. Pension Plan Benefits
Ch. 2. Actuarial Assumptions
Ch. 3. Basic Actuarial Functions
Ch. 4. Pension Plan Population Theory
Ch. 5. Pension Liability Measures
Ch. 6. Normal Costs
Ch. 7. Supplemental Costs
Ch. 8. Ancillary Benefits
Ch. 9. Multiple Retirement Ages
Ch. 10. Statutory Funding Requirements
Ch. 11. Pension Accounting
Ch. 12. Alternative Actuarial Assumptions
Ch. 13. Alternative Plan Benefits
Ch. 14. Funding Policy
Ch. 15. Investment Policy: Asset Allocation
Ch. 16. Funding and Accounting for Retiree Health Benefits

Glossary of Mathematical Notation
Index