What is dependency ratio and why is it important, Finance Basics

Question 1:

a) What is dependency ratio and why is it important for pensions?

b) For which types of schemes is dependency ratio mostly relevant? Explain

c) What is the global trend and forecast re dependency ratio in developed nations?

d) What are the factors that explain this trend in dependency ratio?

e) What are the measures available to mitigate the impact of changes in dependency ratio on pension costs?

Question 2:

You are contacted by an employee who wants details on defined contribution (DC) and defined benefit (DB) schemes.

a) Explain in very simple terms, using examples, how each of a DB and a DC scheme work.

b) List down the relative merits of each of a DB and DC scheme to the employee.

Question 3:

You are carrying out the annual actuarial valuation of the XYZ defined benefit pension scheme which pays a pension to the member and in case the pensioner dies, the pension continues to be paid to the surviving spouse and children till age 18. The scheme has active and deferred members and pensioners.

a) List down all the parameters for which you will need to formulate an assumption

b) What are the minimum data fields required to be able to carry out the actuarial valuation?

c) What are the data checks to be carried out prior to running the valuation, assuming you have the previous year's data?

Posted Date: 12/4/2013 2:11:02 AM | Location : United States







Related Discussions:- What is dependency ratio and why is it important, Assignment Help, Ask Question on What is dependency ratio and why is it important, Get Answer, Expert's Help, What is dependency ratio and why is it important Discussions

Write discussion on What is dependency ratio and why is it important
Your posts are moderated
Related Questions
Suppose the ABC Corporation is currently all-equity financed and would like to increase its value by issuing debt. The firm has annual earnings before interest and taxes of $7,0

Overdraft Finance This finance is perfect to need as bridging finance in sense such should be required to solve the company's short term liquidity problems in specific those o

Determine the Present Value of An Annuity and give explanation of this topic?????

discuss the flow of fund in an open economy

Capital Market - Financial Markets These are markets for long term funds along with maturity time of more than one year. As like of financial instruments required here are deb

What are depository institutions? Depository institutions: intermediaries along with an important proportion of their funds derived through customer deposits as consists of: co

Which of the following is not considered to be an investment objective


what are the modern methods of evaluating capital projects? how they different from old methods?

High Potential Venture An organization begins with the intent of growing quickly to annual sales of at least $30 to 50 million in 5 years. It also has the potential to have a f