Valuation of Return of Pension Fund Contributions on Death.

Abstract

The values of the returns of past and future contributions on death before retirement, such contributions being accumulated to the date of death at ratej, are given respectively by(TPC)xPCFxand (AC)xFCFxwhere (TPC)x=total past contributions at agexaccumulated with (compound) interest at ratejto the valuation date,(AC)x= actual annual contributions payable at valuation agex.