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On the Valuation of Staff Pension Funds

Published online by Cambridge University Press:  18 August 2016

Henry William Manly
Affiliation:
The Equitable Life Assurance Society Institute of Actuaries
Ernest Charles Thomas
Affiliation:
The Gresham Life Assurance Company Institute of Actuaries
John Norman Lewis
Affiliation:
The London Assurance Corporation Institute of Actuaries

Extract

On reading over my paper after it was published, I did not feel quite satisfied as to the accuracy of my approximate formula, given on page 235, for the adjustment of in respect of the excess of contributions included in the Table as constructed, so I have had the values of and , calculated. The constant summation of these columns, namely, and , will give the columnar values to be used for making accurate adjustments.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1903

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