ACTSC 453 Basic Pension MathematicsActuarial Science (2009-2010)
Theory and practice of pension plan funding. Assumptions, basic actuarial functions and population theory applied to private pensions. Concepts of normal costs, supplemental liability, unfunded liability arising from individual accrued benefit and projected benefit cost methods.
Prerequisites: ACTSC 331; Actuarial Science, Business/Math double degree, Mathematical Finance, Mathematics/Accounting Actuarial Science Option students only
Sections For Fall 2009
ACTSC 453 is not held in Fall 2009
Sections For Spring 2009
ACTSC 453 is not held in Spring 2009