Pension Funds (FPEN-CA)

Área

AC Matemática > UC Mestrados

Activa nos planos curriculares

Matemática Aplicada à Economia e à Gestão > Matemática Aplicada à Economia e à Gestão > 3º Ciclo > Unidades Curriculares Optativas > Optativas 1 > Pension Funds

Actuarial Science > Actuarial Science > 2º Ciclo > Unidades Curriculares Optativas > Optativa 1 > Pension Funds

Nível

2º Ciclo (M)

Tipo

Não Estruturante

Regime

Semestral

Carga Horária

Aula Teórica (T): 0.0 h/semana

Aula TeoricoPrática (TP): 2.0 h/semana

Trabalho Autónomo: 86.0 h/semestre

Créditos ECTS: 4.0

Objectivos

The aim of this subject is to provide the master students with the skills required to apply and develop the mathematical techniques used in modelling and evaluating the liabilities inherent to the benefits provided in case of old-age retirement, disability, survivors? pensions and other benefits provided by pensions plans.

Programa

- Introdução aos conceitos básicos utilizados em Fundos de Pensões;
- Modelos de sobrevivência e anuidades ? breve revisão;
- Estados comuns e decrementos;
- Dados populacionais e pressupostos atuariais;
- Métodos de Financiamento de cálculo individual;
- Métodos de Financiamento de cálculo agregado;
- Avaliação das responsabilidades inerentes a benefícios com direitos adquiridos;
- Introduction to some basic concepts in pension funds.
- Evaluation of liabilities regarding age-retirement benefits.
- Individual and aggregate methods of Funding in pension funds.
- Some considerations about the best estimate for the actuarial assumptions.
- Evaluation of liabilities regarding vested rights benefits.
- Evaluation of liability for D&D, early retirement and pre-retirement benefits.
- Pensions Accounting according to IAS19-R.
- DC pension plans
- Investment policy for pension funds
- ALM for Pension Funds

Metodologia de avaliação

Sessions will be of theoretical and practical content, with oral presentations, accompanied by the projection of slides containing the main formulae and results, which will be explained, derived and exemplified. A significant part of the time will be devoted to drafting exercises and practical applications.
The final grade, on a 0-20 scale, is awarded on the basis of a written exam.

Bibliografia

Principal