This decommissioned ERA site remains active temporarily to support our final migration steps to https://ualberta.scholaris.ca, ERA's new home. All new collections and items, including Spring 2025 theses, are at that site. For assistance, please contact erahelp@ualberta.ca.
Working Papers (Economics)
Items in this Collection
Filter
Author / Creator / Contributor
Subject / Keyword
Year
Languages
Item type
-
Does a discount rate rule ensure a pension plan can pay promised benefits without excessive asset accumulation?
Download2017-12-18
Landon, Stuart, Smith, Constance E.
The choice of discount rate makes a substantial difference to the magnitude of the assets required to ensure a pension plan is fully funded. Finance theory suggests that the discount rate should equal the default-free rate, but pension plan administrators argue for a rate equal to the long run...
1 - 1 of 1