Rietz, Robert J.; Cronick, Evan; Mathers, Shelb; … - In: Risks : open access journal 5 (2017) 2, pp. 1-10
This paper examines the effect of gainsharing provisions on the selection of a discount rate for a defined benefit pension plan. The paper uses a traditional actuarial approach of discounting liabilities using the expected return of the associated pension fund. A stochastic Excel model was...