On Staff Pension Funds: The Progress of the Accumulation of the Funds; The Identity of a Valuation with The Future Progress of a Fund; The Manner of Dealing with Funds Which are Insolvent; and Sundry Observations
1911 ◽
Vol 45
(2)
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pp. 149-229
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Keyword(s):
1. Mr. James John M’Lauchlan has done excellent service, in his Presidential Address to the Faculty of Actuaries on the 30th of November 1908, by drawing attention to the natural growth of a normal Pension Fund, and the necessity of accumulating large invested funds during the first 40 or 50 years of its existence, in order to provide for the heavy liabilities which will then be maturing for payment. He has done this by a few simple and easily understood illustrations involving a very considerable amount of accurate calculations which do not appear in the work.
1976 ◽
Vol 21
(03)
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pp. 286-340
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Keyword(s):
1962 ◽
Vol 38
(6)
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pp. 341-344
Keyword(s):
Keyword(s):