In the US, defined benefit plans are insured by the Pension Benefit Guaranty Corporation (PBGC). Taking account of the … fact that the PBGC covers only the residual deficits of the pension fund the sponsoring company is unable to cover and that … by the PBGC. We obtain a closed-form pricing formula for this risk-based premium. Its magnitude depends highly on the …

practice show. Though the problems of the USA guarantee scheme, the PBGC, are well known, similar schemes also exist in Sweden … garantie, le PBGC, qui existe aux Etats-Unis, mais il existe des dispositifs de ce type également en Suède, en Allemagne, au …