Sumários

Solving exercises

18 Dezembro 2014, 08:00 Fátima Pires Lima

Solving exercises 


ALM in Pension Funds

11 Dezembro 2014, 08:00 Fátima Pires Lima

Solving an exercise.

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

4 Dezembro 2014, 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

27 Novembro 2014, 08:00 Fátima Pires Lima

Solving an exercise

Items necessary for accounting liabilities of pension funds

Requirements according to the IAS19R

 

Determining financial gains and losses


D&D benefits Early retirement and pre-retirement liabilities in Pension Funds

20 Novembro 2014, 08:00 Fátima Pires Lima

Normal funding and Normal contributions regarding D&D benefits, according with an annual premium, a fixed contribution as a percentage of salary, a fixed contribution in value and the projected unit credit method.

Liability value regarding the survival benefits of the existing beneficiaries.

Early retirement benefits liabilities

 

Pre-retirement benefits liabilities