The Second Actuarial Valuation of the Railrod Retirement Act

ثبت نشده
چکیده

" A T INTERVALS not longer t han 3 years the Board shall make an estimate of the liabilities created by this Act and the Railroad Retirement Act of 1 9 3 5 and shall include such estimate in its annual report ."1 In accordance with this s tatutory mandate , the Railroad Retirement Board has issued the second actuarial valuation, along with its recommendations and a s ta tement of the Actuarial Advisory Committee, as an appendix to the annual report for

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Thirteenth valuation of the railroad retirement system.

The most recent valuation of the financial condition of the railroad retirement system reveals that an existing actuarial deficiency will become more pronounced over time unless corrective action is taken. After projecting the progress of the fund under present law and certain assumptions about the future, the Railroad Retirement Board has concluded that the present value of benefits can be mai...

متن کامل

SOME COMPUTATIONAL RESULTS FOR THE FUZZY RANDOM VALUE OF LIFE ACTUARIAL LIABILITIES

The concept of fuzzy random variable has been applied in several papers to model the present value of life insurance liabilities. It allows the fuzzy uncertainty of the interest rate and the probabilistic behaviour of mortality to be used throughout the valuation process without any loss of information. Using this framework, and considering a triangular interest rate, this paper develops closed...

متن کامل

Railroad Retirement Act Amendments of 1951: Financial and Actuarial Aspects

The benefit provisions and legislative history of the 1951 amendments to the Railroad Retirement Act were summarized in the February Bulletin. In this issue the Chief Actuary of the Social Security Administration discusses the financial and actuarial implications of the amended law, with special emphasis on the provisions coordinating in some measure the railroad program with old-age and surviv...

متن کامل

Empirical Analysis of Retirement Pension and IFRS Adoption Effects on Accounting Information: Glance at IT Industry

This study reviews new pension accounting with K-IFRS and provides empirical changes in liability for retirement allowances with adoption of K-IFRS. It will help to understand the effect of pension accounting on individual firm's financial report and the importance of public announcement of actuarial assumptions. Firms that adopted K-IFRS had various changes in retirement liability compared to ...

متن کامل

Actuarial Adjustments , Retirement Behaviour and Worker Heterogeneity

The behavioural response with respect to actuarial adjustments in the German public pension system is analysed. The introduction of actuarial adjustments serves as a source of exogenous variation to estimate discrete time transition rates into retirement. The analysis is conducted on administrative data from social security records and on survey data in a comparative scenario. Probability mass ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2011