A model lifetime and its application to valuate pension systems

Tadashi Nakada~Miki Arimori, Japan

A model lifetime including income, expenditure and saving is drawn up on the basis of Japanese statistics, and the impact of social security pension systems on the old age life is discussed.
Date: 30 May - Time: 13:45 to 15:15 - Room: 243
Theme: 3.A. Actuarial problems related to the retirement of the baby-boom