- Tytuł:
- Long term projection of the demographic and financial evolution of the parliamentary pension scheme of Uganda
- Autorzy:
-
Mukalazi, Herbert
Larsson, Torbjörn
Kasozi, Juma
Mayambala, Fred - Powiązania:
- https://bibliotekanauki.pl/articles/2175848.pdf
- Data publikacji:
- 2022
- Wydawca:
- Politechnika Wrocławska. Oficyna Wydawnicza Politechniki Wrocławskiej
- Tematy:
-
guaranteed pension
hybrid cash balance scheme
projection
demography
finance - Opis:
- We study the Parliamentary Pension Scheme of Uganda, a hybrid cash balance scheme which is contributory. It has two categories of members, the staff of the Parliamentary Commission and the Members of Parliament. A long term projection of the scheme’s demographic and financial evolution is done to asses its sustainability and fairness with respect to the two categories of members. The projection of the scheme’s future members is done using non-linear regression. The distribution of future members by age states is done by Markov model using frequencies of state transition of the scheme members. We project the future contributions, accumulated funds, benefits, asset and liability values together with associated funding ratios. The results show that the fund is neither sustainable nor fair with respect to the two categories of members.
- Źródło:
-
Operations Research and Decisions; 2022, 32, 3; 92--123
2081-8858
2391-6060 - Pojawia się w:
- Operations Research and Decisions
- Dostawca treści:
- Biblioteka Nauki
Artykuł