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. AYÞE SEVTAP 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.