Pension Plan Valuation : Discount Rate Determinations & Differences
Book Details
Format
Hardback or Cased Book
ISBN-10
1634832388
ISBN-13
9781634832380
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Sep 1st, 2015
Print length
112 Pages
Weight
350 grams
Dimensions
16.40 x 23.90 x 1.40 cms
Product Classification:
Labour economicsPensions
Ksh 29,500.00
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A pension is a voluntary benefit offered by employers to assist employees in providing for their financial security in retirement. Public and private sector defined benefit pension plans are subject to different rules and guidance regarding discount rates -- interest rates used to determine the current value of estimated future benefit payments. This book addresses the significance of differences in approaches used to determine discount rates among public and private plans; purposes for measuring the value of a plan''s future benefits and key considerations for determining discount rate policy; and approaches selected countries have taken to choose discount rates.
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