Actuarial Inputs and the Valuation of Public Pension Liabilities and Contribution Requirements: A Simulation Approach

Gang Chen and David S. T. Matkin

Working Papers, Center for Retirement Research at Boston College from Center for Retirement Research

Abstract: This paper uses a simulated public pension system to examine the sensitivity of actuarial input changes on funding ratios and contribution requirements. We examine instantaneous and lagged effects, marginal and interactive effects, and effects under different funding conditions and demographic profiles. The findings emphasize the difficulty of conducting cross-sectional analyses of public pension systems and point to several important considerations for future research.

Pages: 31 pages
Date: 2017-05
New Economics Papers: this item is included in nep-age and nep-cmp
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://crr.bc.edu/working-papers/actuarial-inputs- ... simulation-approach/ R

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:crr:crrwps:wp2017-4

Access Statistics for this paper

More papers in Working Papers, Center for Retirement Research at Boston College from Center for Retirement Research Contact information at EDIRC.
Bibliographic data for series maintained by Amy Grzybowski () and Christopher F Baum ().