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    Individual benefit calculations : an introduction to a career as a corporate pensions actuary

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    MCDONALD-MASTERS-REPORT.pdf (133.2Kb)
    Date
    2009-12
    Author
    McDonald, Devan Rae
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    Abstract
    While working as an intern in the corporate pensions department of Rudd and Wisdom, Inc., Consulting Actuaries, I learned about the different kinds of pension plans available to businesses and became familiar with the process of benefit calculation. I performed several benefit calculations for clients under different scenarios and plan specifications. When a participant of a pension plan retires, terminates employment, dies, or becomes disabled, the participant (or his or her beneficiary) may request a calculation to illustrate benefit options. In each case, the methods used to perform such a calculation and the benefit options available to the participant or beneficiary are different. In this report, I will demonstrate a number of scenarios illustrating plan provisions and methods of calculation.
    Department
    Mathematics
    Description
    text
    Subject
    Benefit
    Calculation
    Actuarial
    URI
    http://hdl.handle.net/2152/ETD-UT-2009-12-568
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    • facebook
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    • CONTACT US
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    © The University of Texas at Austin