Impact of Actuarial Assumptions on Pension Costs A Simulation Analysis

• Main Authors: Shaira, Yusof, Rose Irnawaty, Ibrahim
• Format: Conference Paper
• Language: en_US
• Published: Amer Inst Physics 2015
• Subjects: pension costs; Accrued Benefit Cost Method; constant amount modification; constant percentage of salary modification
• Online Access: http://ddms.usim.edu.my/handle/123456789/8956
• Institution: Universiti Sains Islam Malaysia

This study investigates the sensitivity of pension costs to changes in the underlying assumptions of a hypothetical pension plan in order to gain a perspective on the relative importance of the various actuarial assumptions via a simulation analysis. Simulation analyses are used to examine the impac...