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Valuation of Return of Pension Fund Contributions on Death

Published online by Cambridge University Press:  11 August 2014

R. W. A. Fowler
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Extract

The values of the returns of past and future contributions on death before retirement, such contributions being accumulated to the date of death at rate j, are given respectively by

(TPC)xPCFx and (AC)xFCFx

where (TPC)x=total past contributions at age x accumulated with (compound) interest at rate j to the valuation date,

(AC)x = actual annual contributions payable at valuation age x.

Type
Research Article
Information
Journal of the Staple Inn Actuarial Society , Volume 7 , Issue 2 , October 1947 , pp. 104 - 105
Copyright
Copyright © Institute of Actuaries Students' Society 1947

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