Sumários
ALM in Pension Funds
10 Dezembro 2015, 08:00 • Fátima Pires Lima
Actuarial Factors and their interrelationship in an ALM Model
Definition of Risk, Risk analysis and Risk Management.
The Three main categories of ALM Models: Static Models, Dynamic Models, Stochastic Models.
Macauley Duration, Convexity, stress tests and scenarios testing, and stochastic model.
Example of a Model for simulate Mortality, termination, retirement and other decrements, annual salary increases, annual inflation and Investment Returns.
Practical example of a Visual Basic program to simulate the number of death.
DC Pension Funds
3 Dezembro 2015, 08:00 • Fátima Pires Lima
Solving an exercise
DC pension Funds: expected value of individual accounts and benefits at retirement age
DC pension plans with target-benefit
Pension Accounting and Actuarial Gains and losses
26 Novembro 2015, 08:00 • Fátima Pires Lima
Items necessary for accounting liabilities of pension funds
Requirements according to the IAS19R
Determining financial gains and losses
Determining actuarial gains and losses
D&D benefits Early retirement and pre-retirement liabilities in Pension Funds
19 Novembro 2015, 08:00 • Fátima Pires Lima
Liability value regarding the survival benefits of the existing beneficiaries.
Early retirement benefits liabilities
Pre-retirement benefits liabilities
Solving an exercise