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Document Details :

Title: Pension Funding with Time Delays and the Optimal Spread Period
Author(s): HABERMAN, S.
Journal: ASTIN Bulletin
Volume: 25    Issue: 2   Date: November 1995   
Pages: 177-187
DOI: 10.2143/AST.25.2.563246

Abstract :
The paper extends earlier results by demonstrating that there is an optimal range of values for the period for amortizing valuation surpluses or deficiencies, in the case when there is a one year time delay between fixing a contribution rate and the accounting information about current fund levels. The optimal range is compared for the cases where there is no time delay and there is a one year time delay.