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A “Money-Purchase” Pension Scheme

Published online by Cambridge University Press:  18 August 2016

R. E. Underwood
R. E. Underwood
Affiliation:
Liverpool Victoria Friendly Society
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Extract

These notes deal with some of the practical and theoretical problems arising in the administration and valuation of a “money-purchase” pension scheme, that is to say, a scheme under which each contribution is utilised as a single premium to secure a definite amount of deferred pension.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 64 , Issue 1 , March 1933 , pp. 13 - 45
Copyright
Copyright © Institute and Faculty of Actuaries 1933

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