Pension Mathematics with Numerical Illustrations (Pension Research Council Publications)

A text that quantifies and provides new or improved actuarial notation for long recognized pension cost concepts and procedures, and, in certain areas, develops new insights and techniques. With the exception of the first few chapters, the text is a virtual rewrite of the first edition of 1977. Among the major additions are chapters on statutory funding requirements, pension accounting, funding policy analysis, asset allocation, and retiree health benefits