Introduction to some basic concepts in pension funds

23 Setembro 2011, 08:00 • Fátima Pires Lima

Definition of pension fund, pension plan and the various parties involved .

Classification of Pension Funds and Pension Plans.

Presentation of the structure division of pension systems on three pillars.

Presentation of the current formula for calculating old-age pension given by Social Security in Portugal.

Resolution of an exercise for the calculation of old-age pension given by the Security.

 

 

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