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Determining the Break-EvenPoint for Operating in the Pension Fund of Banks

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  • Donya Haji Shahvardi
  • Mehdi Tajodini

Abstract

This study is an attempt to investigate the development of actuarial science through a review on the concepts, theories and models related to actuary and its relation to pension funds and the break-evenpoint for operating in the pension fund of banksduring the financial period from 2013-2041. Furthermore, this study provides a strategy to exit the mentioned fund from the balance deficit. It is noteworthy that results indicated theresources deficit for the mentioned fund in the next three years.

Suggested Citation

  • Donya Haji Shahvardi & Mehdi Tajodini, 2016. "Determining the Break-EvenPoint for Operating in the Pension Fund of Banks," Modern Applied Science, Canadian Center of Science and Education, vol. 10(3), pages 1-23, March.
    • Handle: RePEc:ibn:masjnl:v:10:y:2016:i:3:p:23
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    References listed on IDEAS

    as
    1. Hans Gerber & Elias Shiu, 2000. "Investing for Retirement," North American Actuarial Journal, Taylor & Francis Journals, vol. 4(2), pages 42-58.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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