Selected Payout Products of the Old-Age Pension Saving Scheme
Buch in deiner Nähe kaufen
Beschreibung
This book discusses the payout phase of the old-age pension saving scheme, the so-called effective premium, and offers detailed actuarial models and analyses of five old-age pension saving products used in practice. These include the basic permanent monthly annuity, without any benefits for survivors, as well as products which, in addition, also include benefits for survivors or authorized persons in the event of the pensioner’s death. The purpose of the book is to point out the method of determining future old-age pensions from old-age pension savings, and to present the advantages and disadvantages of such a pension. The book also emphasizes the role of the profitability testing of the products and answers questions concerning the effectiveness of old-age pension savings and insurance. The book is primarily intended for students of actuarial and financial mathematics and future economists.
This book discusses the payout phase of the old-age pension saving scheme, the so-called effective premium, and offers detailed actuarial models and analyses of five old-age pension saving products used in practice. These include the basic permanent monthly annuity, without any benefits for survivors, as well as products which, in addition, also include benefits for survivors or authorized persons in the event of the pensioner’s death. The purpose of the book is to point out the method of determining future old-age pensions from old-age pension savings, and to present the advantages and disadvantages of such a pension. The book also emphasizes the role of the profitability testing of the products and answers questions concerning the effectiveness of old-age pension savings and insurance. The book is primarily intended for students of actuarial and financial mathematics and future economists.
Offers actuarial models and analyses of five old-age pension saving products Discusses products used in practice and possibly relevant for the pan-European personal pension product (PEPP) Compares the discussed pension products and their advantages and disadvantages
Autor*in
Jana Špirková
Themen in »Selected Payout Products of the Old-Age Pension Saving Scheme«
Old-age Pension Saving Scheme Payout Phase Effective Premium Profitability Testing Pension Annuity Survival Probability Actuarial Modelling Kannistö Model Risk Loadings Pension Product Insurance Household Finance