IMPLEMENTATION OF REVERSIONARY ANUITY METHOD ON PENSION PLAN

ABSTRACT: <br /> <br /> <br /> <br /> <br /> <br /> Pension is one of the application of actuarial science. Pension fund valuation sometimes needs thorough understanding of annuity. Reversionary annuity is one of the supporting theory on computing Pension F...

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Main Author: Apriady (NIM 20804004), Dedi
Format: Theses
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/5920
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Institution: Institut Teknologi Bandung
Language: Indonesia
id id-itb.:5920
spelling id-itb.:59202017-10-09T10:16:36ZIMPLEMENTATION OF REVERSIONARY ANUITY METHOD ON PENSION PLAN Apriady (NIM 20804004), Dedi Indonesia Theses INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/5920 ABSTRACT: <br /> <br /> <br /> <br /> <br /> <br /> Pension is one of the application of actuarial science. Pension fund valuation sometimes needs thorough understanding of annuity. Reversionary annuity is one of the supporting theory on computing Pension Fund. The application of Widow annuity and orphan annuity is needed in order to comply to the regulation. On this theses, there will be a brief calculation of Normal Cost (NC) or (in terms of pension valuation is) the percentage of the wage/salary that will be deducted to meet the requirement of accrued future liability, according to the regulation. Present Value (PV) of future benefit for widow and orphan-linked pension is taken into account on pension funding valuation, for the link between reversionary annuity and pension fund will then be clearly visible. text
institution Institut Teknologi Bandung
building Institut Teknologi Bandung Library
continent Asia
country Indonesia
Indonesia
content_provider Institut Teknologi Bandung
collection Digital ITB
language Indonesia
description ABSTRACT: <br /> <br /> <br /> <br /> <br /> <br /> Pension is one of the application of actuarial science. Pension fund valuation sometimes needs thorough understanding of annuity. Reversionary annuity is one of the supporting theory on computing Pension Fund. The application of Widow annuity and orphan annuity is needed in order to comply to the regulation. On this theses, there will be a brief calculation of Normal Cost (NC) or (in terms of pension valuation is) the percentage of the wage/salary that will be deducted to meet the requirement of accrued future liability, according to the regulation. Present Value (PV) of future benefit for widow and orphan-linked pension is taken into account on pension funding valuation, for the link between reversionary annuity and pension fund will then be clearly visible.
format Theses
author Apriady (NIM 20804004), Dedi
spellingShingle Apriady (NIM 20804004), Dedi
IMPLEMENTATION OF REVERSIONARY ANUITY METHOD ON PENSION PLAN
author_facet Apriady (NIM 20804004), Dedi
author_sort Apriady (NIM 20804004), Dedi
title IMPLEMENTATION OF REVERSIONARY ANUITY METHOD ON PENSION PLAN
title_short IMPLEMENTATION OF REVERSIONARY ANUITY METHOD ON PENSION PLAN
title_full IMPLEMENTATION OF REVERSIONARY ANUITY METHOD ON PENSION PLAN
title_fullStr IMPLEMENTATION OF REVERSIONARY ANUITY METHOD ON PENSION PLAN
title_full_unstemmed IMPLEMENTATION OF REVERSIONARY ANUITY METHOD ON PENSION PLAN
title_sort implementation of reversionary anuity method on pension plan
url https://digilib.itb.ac.id/gdl/view/5920
_version_ 1820663784476246016