Academic Catalog

IAM583 PENSION FUND MATHEMATICS

Course Code: 9700583
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 8.0
Department: Institute Of Applied Mathematics
Language of Instruction: English
Level of Study: Graduate
Course Coordinator: Prof.Dr. SEVTAP AYE KESTEL
Offered Semester: Fall or Spring Semesters.

Course Content

Risk theory analysis of pension funds. Pension schemes for active and retired lives. Valuation of pension plans. Funding Methods: Unit Credit, Attained Age, Entry Age Normal and other Methods. Contributory and Benefit Plans.