943 resultados para pension plans


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The final publication is available at Springer via http://dx.doi.org/10.1007/s10693-015-0230-1

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Recently regulated Brazilian life and pension products offer a benefit structure composed of minimum guaranteed annual rate, in°ation adjustment according to a price index and participation on an investment fund performance. We present a valuation model for these products. We establish a fair condition relationship between minimum guarantees and participation rates, and explore its behavior over a space of maturities, interest rates, and also fund and price index volatilities and correlation. Besides consistency to reference models, we found that the effect of the fund volatility is conditioned to the price index volatility level and the correlation between them.

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Reproduced from typewritten copy.

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"Guide in using plan description and annual report forms prepared by the Secretary of Labor."

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Elaboration of a report prepared in July, 1957.

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"Prepared under contract J-9-P-8-0191, Pension and Welfare Benefit Programs."

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"Pension and Welfare Benefit Programs. Prepared under Contract J-9-P-8- 0191."

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Mode of access: Internet.

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Cover title.

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Presented at the Society's annual meeting in Hartford, Conn., July 6, 1967, by Andrew A. Melgard, Charles E. Tosch and Frank Cummings.

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"Selected pension bibliography": p. 367-368.