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Pension Mathematics with Numerical Illustrations » (2nd Edition)

Book cover image of Pension Mathematics with Numerical Illustrations by Howard E. Winklevoss

Authors: Howard E. Winklevoss
ISBN-13: 9780812231960, ISBN-10: 0812231961
Format: Hardcover
Publisher: University of Pennsylvania Press, Inc.
Date Published: March 1993
Edition: 2nd Edition

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Author Biography: Howard E. Winklevoss

Book Synopsis

From the Pension Research Council of the Wharton School

Booknews

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. Co-published with the Pension Research Council, Wharton School of the U. of Pennsylvania. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Table of Contents

List of Tables
List of Figures
Foreword from the First Edition
Preface
Ch. 1Pension Plan Benefits1
Ch. 2Actuarial Assumptions12
Ch. 3Basic Actuarial Functions31
Ch. 4Pension Plan Population Theory56
Ch. 5Pension Liability Measures68
Ch. 6Normal Costs79
Ch. 7Supplemental Costs96
Ch. 8Ancillary Benefits114
Ch. 9Multiple Retirement Ages126
Ch. 10Statutory Funding Requirements139
Ch. 11Pension Accounting176
Ch. 12Alternative Actuarial Assumptions203
Ch. 13Alternative Plan Benefits218
Ch. 14Funding Policy226
Ch. 15Investment Policy: Asset Allocation242
Ch. 16Funding and Accounting for Retiree Health Benefits254
Glossary of Mathematical Notation283
Index303

Subjects